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Cyberloq Technologies (Cyberloq Technologies) ROE % : -458.19% (As of Dec. 2023)


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What is Cyberloq Technologies ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Cyberloq Technologies's annualized net income for the quarter that ended in Dec. 2023 was $-1.50 Mil. Cyberloq Technologies's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $0.33 Mil. Therefore, Cyberloq Technologies's annualized ROE % for the quarter that ended in Dec. 2023 was -458.19%.

The historical rank and industry rank for Cyberloq Technologies's ROE % or its related term are showing as below:

CLOQ' s ROE % Range Over the Past 10 Years
Min: -6553.33   Med: -361.29   Max: -126.15
Current: -508.91

During the past 13 years, Cyberloq Technologies's highest ROE % was -126.15%. The lowest was -6,553.33%. And the median was -361.29%.

CLOQ's ROE % is ranked worse than
98.22% of 2637 companies
in the Software industry
Industry Median: 3.15 vs CLOQ: -508.91

Cyberloq Technologies ROE % Historical Data

The historical data trend for Cyberloq Technologies'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.

Cyberloq Technologies ROE % Chart

Cyberloq Technologies 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 -126.15 -6,553.33 - - -452.42

Cyberloq Technologies 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 - -872.22 -503.53 -527.74 -458.19

Competitive Comparison of Cyberloq Technologies's ROE %

For the Software - Infrastructure subindustry, Cyberloq Technologies'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.


Cyberloq Technologies's ROE % Distribution in the Software Industry

For the Software industry and Technology sector, Cyberloq Technologies's ROE % distribution charts can be found below:

* The bar in red indicates where Cyberloq Technologies's ROE % falls into.



Cyberloq Technologies ROE % Calculation

Cyberloq Technologies'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 )
=-1.027/( (0.017+0.437)/ 2 )
=-1.027/0.227
=-452.42 %

Cyberloq Technologies'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 )
=-1.496/( (0.216+0.437)/ 2 )
=-1.496/0.3265
=-458.19 %

* 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.


Cyberloq Technologies  (OTCPK:CLOQ) 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
=-1.496/0.3265
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.496 / 0.06)*(0.06 / 1.182)*(1.182 / 0.3265)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2493.33 %*0.0508*3.6202
=ROA %*Equity Multiplier
=-126.66 %*3.6202
=-458.19 %

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
=-1.496/0.3265
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.496 / -1.496) * (-1.496 / -0.384) * (-0.384 / 0.06) * (0.06 / 1.182) * (1.182 / 0.3265)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 3.8958 * -640 % * 0.0508 * 3.6202
=-458.19 %

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.


Cyberloq Technologies ROE % Related Terms

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


Cyberloq Technologies (Cyberloq Technologies) Business Description

Traded in Other Exchanges
N/A
Address
4837 Swift Road, Suite 210-1, Sarasota, FL, USA, 34231
Cyberloq Technologies Incis a development-stage technology company engaged in fraud prevention and credit management. The Company offers a proprietary software platform branded as CyberloQ which is a banking fraud prevention technology that is offered to institutional clients in order to combat fraudulent transactions and unauthorized access to customer accounts. The Company also offers a web-based proprietary software platform under the brand name TurnScor which allows customers to monitor and manage their credit from the privacy of their own homes. The Company derives its revenue from development, customization and user fees for the CyberloQ banking fraud technology products, including CyberloQ Vault, and from licensing fees for the TurnScor product.
Executives
Edwin Leon Hurst director 218 CINDALYN DR., NEW HOLLAND PA 17557
Rex S Schuette director 101 JULIUS CHAMBERS DRIVE, BLAIRSVILLE GA 30512
Mark Carten director, officer: Chief Technical Officer 187 QUAKER LANE, NORTH SCITUATE RI 02857
Peter J Vazquez other: Counsel for ACRT 18 HOOK MOUNTAIN ROAD, SUITE 201, PINE BROOK NJ 07058
Enrico Giordano director, officer: Secretary & Treasurer 740 S. FEDERAL HIGHWAY, UNIT 606, POMPANO BEACH FL 33062
Christopher S. Jackson officer: CEO 1915 PLAZA DR., SUITE #202, EAGAN MN 55122

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