GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Achari Ventures Holdings Corp I (OTCPK:AVHI) » Definitions » ROE %
中文

Achari Ventures Holdings I (Achari Ventures Holdings I) ROE %

: 0.00% (As of Dec. 2023)
View and export this data going back to 2021. Start your Free Trial

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Achari Ventures Holdings I's annualized net income for the quarter that ended in Dec. 2023 was $-1.58 Mil. Achari Ventures Holdings I's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $-1.01 Mil. Therefore, Achari Ventures Holdings I's annualized ROE % for the quarter that ended in Dec. 2023 was N/A%.

The historical rank and industry rank for Achari Ventures Holdings I's ROE % or its related term are showing as below:

AVHI' s ROE % Range Over the Past 10 Years
Min: -113.09   Med: -54.97   Max: 3.16
Current: -94.8

During the past 3 years, Achari Ventures Holdings I's highest ROE % was 3.16%. The lowest was -113.09%. And the median was -54.97%.

AVHI's ROE % is ranked worse than
94.79% of 557 companies
in the Diversified Financial Services industry
Industry Median: 0.77 vs AVHI: -94.80

Achari Ventures Holdings I ROE % Historical Data

The historical data trend for Achari Ventures Holdings I'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.

Achari Ventures Holdings I Annual Data
Trend Dec21 Dec22 Dec23
ROE %
- 3.16 -113.09

Achari Ventures Holdings I Quarterly Data
Jan21 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 -0.51 -67.72 -46.61 -134.97 -

Competitive Comparison

For the Shell Companies subindustry, Achari Ventures Holdings I'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.


Achari Ventures Holdings I ROE % Distribution

For the Diversified Financial Services industry and Financial Services sector, Achari Ventures Holdings I's ROE % distribution charts can be found below:

* The bar in red indicates where Achari Ventures Holdings I's ROE % falls into.



Achari Ventures Holdings I ROE % Calculation

Achari Ventures Holdings I'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 )
=-2.575/( (6.238+-1.684)/ 2 )
=-2.575/2.277
=-113.09 %

Achari Ventures Holdings I'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 )
=-1.58/( (-0.327+-1.684)/ 2 )
=-1.58/-1.0055
=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.


Achari Ventures Holdings I  (OTCPK:AVHI) 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
=-1.58/-1.0055
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.58 / 0)*(0 / 6.5175)*(6.5175 / -1.0055)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*N/A
=ROA %*Equity Multiplier
=N/A %*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
=-1.58/-1.0055
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.58 / -1.444) * (-1.444 / -3.088) * (-3.088 / 0) * (0 / 6.5175) * (6.5175 / -1.0055)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0942 * 0.4676 * N/A % * 0 * 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.


Achari Ventures Holdings I ROE % Related Terms

Thank you for viewing the detailed overview of Achari Ventures Holdings I's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Achari Ventures Holdings I (Achari Ventures Holdings I) Business Description

Traded in Other Exchanges
N/A
Address
60 Walnut Avenue, Suite 400, Clark, NJ, USA, 07066
Achari Ventures Holdings Corp I is a blank check company.
Executives
Mark Pelson director PROVIDENCE EQUITY, 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Harry Demott director C/O WORKHORSE GROUP INC.,, 100 COMMERCE DRIVE, LOVELAND OH 45140
Kevin K. Albert director 4146 STATE ROUTE 66, MALDEN BRIDGE NY 12115
Achari Sponsor Holdings I Llc 10 percent owner 60 WALNUT AVENUE, SUITE 400, CLARK NJ 07066
Mitchell Hara officer: Chief Financial Officer 60 WALNUT AVENUE, SUITE 400, CLARK NJ 07066
Merrick Friedman director, officer: Chief Investment Officer 60 WALNUT AVENUE, SUITE 400, CLARK NJ 07066
Timothy Seymour director 60 WALNUT AVENUE, SUITE 400, CLARK NJ 07066
Vikas Desai director, officer: Chief Executive Officer 60 WALNUT AVENUE, SUITE 400, CLARK NJ 07066
Seth W Farbman director 40 WALNUT AVE., SUITE 400, CLARK NJ 07066