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Stocks B / Berkshire Hathaway

URL:  https://boards.fool.com/total-assets-dec-31-2017-2281234-total-assets-34053426.aspx

Subject:  Re: Maystery purchase Date:  11/4/2018  3:43 PM
Author:  Maxthetrade Number:  239445 of 240601

Total assets Dec 31 2017, 2,281,234
Total assets Sep 30 2018, 2,338,833
Average of two as a proxy for average assets during the period = 2,310,034
Net income for the nine month period attributable to common shareholders, p 54: 19,657
Divide the two and you get ROA 0.85%.

Same method for ROE:
Total shareholders' equity Dec 31 2017, 267,146 from page 57
Total shareholders' equity Sep 30 2018, 262,158
Average of two as a proxy of average equity: 264,652
Net income for the nine month period attributable to common shareholders, p 54: 19,657
Divide the two and you get ROE 7.43%.


I'm sure you know but you have to use some kind of annualized income number to get a meaningful result. I presume that explains most of the difference.
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