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Blonder Tongue Laboratories (Blonder Tongue Laboratories) ROE % : 0.00% (As of Dec. 2023)


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What is Blonder Tongue Laboratories ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Blonder Tongue Laboratories's annualized net income for the quarter that ended in Dec. 2023 was $-2.19 Mil. Blonder Tongue Laboratories's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $-0.35 Mil. Therefore, Blonder Tongue Laboratories's annualized ROE % for the quarter that ended in Dec. 2023 was N/A%.

The historical rank and industry rank for Blonder Tongue Laboratories's ROE % or its related term are showing as below:

BDRL' s ROE % Range Over the Past 10 Years
Min: -947.63   Med: -17.78   Max: 3.72
Current: -947.63

During the past 13 years, Blonder Tongue Laboratories's highest ROE % was 3.72%. The lowest was -947.63%. And the median was -17.78%.

BDRL's ROE % is ranked worse than
99.83% of 2411 companies
in the Hardware industry
Industry Median: 4.81 vs BDRL: -947.63

Blonder Tongue Laboratories ROE % Historical Data

The historical data trend for Blonder Tongue Laboratories's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Blonder Tongue Laboratories ROE % Chart

Blonder Tongue Laboratories Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.21 -173.81 3.72 -133.98 -769.82

Blonder Tongue Laboratories Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.80 -243.58 -769.85 - -

Competitive Comparison of Blonder Tongue Laboratories's ROE %

For the Communication Equipment subindustry, Blonder Tongue Laboratories's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blonder Tongue Laboratories's ROE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Blonder Tongue Laboratories's ROE % distribution charts can be found below:

* The bar in red indicates where Blonder Tongue Laboratories's ROE % falls into.



Blonder Tongue Laboratories ROE % Calculation

Blonder Tongue Laboratories's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-2.117/( (1.074+-0.524)/ 2 )
=-2.117/0.275
=-769.82 %

Blonder Tongue Laboratories's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-2.188/( (-0.176+-0.524)/ 2 )
=-2.188/-0.35
=N/A %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Blonder Tongue Laboratories  (OTCPK:BDRL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-2.188/-0.35
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.188 / 12.556)*(12.556 / 11.71)*(11.71 / -0.35)
=Net Margin %*Asset Turnover*Equity Multiplier
=-17.43 %*1.0722*N/A
=ROA %*Equity Multiplier
=-18.69 %*N/A
=N/A %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-2.188/-0.35
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-2.188 / -2.14) * (-2.14 / -1.356) * (-1.356 / 12.556) * (12.556 / 11.71) * (11.71 / -0.35)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0224 * 1.5782 * -10.8 % * 1.0722 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Blonder Tongue Laboratories ROE % Related Terms

Thank you for viewing the detailed overview of Blonder Tongue Laboratories's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Blonder Tongue Laboratories (Blonder Tongue Laboratories) Business Description

Traded in Other Exchanges
N/A
Address
One Jake Brown Road, Old Bridge, NJ, USA, 08857
Blonder Tongue Laboratories Inc is a technology development and manufacturing company that provides television signal encoding, transcoding, digital transport, and broadband product solutions in the United States. The company serves the multi-dwelling unit market, the lodging/hospitality market, and the institutional market, including hospitals, prisons, and schools, throughout the United States and Canada. The Company's revenues are derived from customers in the continental United States; it also derives some revenues from customers in other geographical markets like Canada and to a more limited extent, in developing countries.
Executives
Williams James H /nj/ director C/O BLONDER TONGUE LABORATORIES INC, ONE JAKE BROWN RD, OLD BRIDGE NJ 08857
Palle Robert J Jr director, 10 percent owner, officer: President and COO C/O BLONDER TONGUE LABORATORIES INC, ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Eric S Skolnik officer: Senior Vice President - CFO C/O BLONDER TONGUE LABORATORIES INC, ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
John E Burke director 1540 BARDSEY LANE, LOWER GWYNEDD PA 19002
Anthony J Bruno director C/O BLONDER TONGUE LABORATORIES, INC., ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Cavalry Fund I Lp 10 percent owner 82 EAST ALLENDALE ROAD, SUITE 5B, SADDLE RIVER NJ 07458
Michael Hawkey director 2160 GOLD STREET, SAN JOSE CA 95002
Rick E Briggs director C/O BLONDER TONGUE LABORATORIES, INC., ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Edward Rowland Grauch officer: CEO & President 3208 HIGHWAY 98, MEXICO BEACH FL 32456
Jeffrey W Smith officer: Vice President - Sales C/O BLONDER TONGUE LABORATORIES, INC., ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Ronald Vincent Alterio officer: VP-Engineering, CTO C/O BLONDER TONGUE LABORATORIES, ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Gary P Scharmett director
Steven L Shea director C/O BLONDER TONGUE LABORATORIES, INC., ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Stephen K Necessary director
Bruce A Gureck officer: Exec VP/COO 4671 BOCAIRE BLVD, BOCA RATON FL 33487