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Creative Mediammunity Trust (Creative Mediammunity Trust) ROE %

: -9.00% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Creative Mediammunity Trust's annualized net income for the quarter that ended in Dec. 2023 was $-33.6 Mil. Creative Mediammunity Trust's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $373.4 Mil. Therefore, Creative Mediammunity Trust's annualized ROE % for the quarter that ended in Dec. 2023 was -9.00%.

The historical rank and industry rank for Creative Mediammunity Trust's ROE % or its related term are showing as below:

CMCT' s ROE % Range Over the Past 10 Years
Min: -12.9   Med: 1.67   Max: 71.52
Current: -12.88

During the past 13 years, Creative Mediammunity Trust's highest ROE % was 71.52%. The lowest was -12.90%. And the median was 1.67%.

CMCT's ROE % is ranked worse than
91% of 800 companies
in the REITs industry
Industry Median: 4.305 vs CMCT: -12.88

Creative Mediammunity Trust ROE % Historical Data

The historical data trend for Creative Mediammunity Trust'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.

Creative Mediammunity Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 71.52 -4.71 -0.23 1.50 -12.90

Creative Mediammunity Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 Premium Member Only Premium Member Only Premium Member Only 0.96 -7.33 -18.31 -16.82 -9.00

Competitive Comparison

For the REIT - Office subindustry, Creative Mediammunity Trust'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.


Creative Mediammunity Trust ROE % Distribution

For the REITs industry and Real Estate sector, Creative Mediammunity Trust's ROE % distribution charts can be found below:

* The bar in red indicates where Creative Mediammunity Trust's ROE % falls into.



Creative Mediammunity Trust ROE % Calculation

Creative Mediammunity Trust'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 )
=-48.485/( (377.357+374.403)/ 2 )
=-48.485/375.88
=-12.90 %

Creative Mediammunity Trust'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 )
=-33.608/( (372.424+374.403)/ 2 )
=-33.608/373.4135
=-9.00 %

* 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.


Creative Mediammunity Trust  (NAS:CMCT) 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
=-33.608/373.4135
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-33.608 / 117.872)*(117.872 / 894.628)*(894.628 / 373.4135)
=Net Margin %*Asset Turnover*Equity Multiplier
=-28.51 %*0.1318*2.3958
=ROA %*Equity Multiplier
=-3.76 %*2.3958
=-9.00 %

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
=-33.608/373.4135
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-33.608 / -34.452) * (-34.452 / 17.24) * (17.24 / 117.872) * (117.872 / 894.628) * (894.628 / 373.4135)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9755 * -1.9984 * 14.63 % * 0.1318 * 2.3958
=-9.00 %

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.


Creative Mediammunity Trust ROE % Related Terms

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


Creative Mediammunity Trust (Creative Mediammunity Trust) Business Description

Traded in Other Exchanges
Address
17950 Preston Road, Suite 600, Dallas, TX, USA, 75252
Creative Media & Community Trust is a United states based company that formed to invest in, own, and operate Class A and creative office investments in improving urban communities throughout the United States. It operates through two segments: Office and Hotel, and Lending. The Office segment includes rental of office space and other tenant services, including tenant reimbursements, parking, and storage space rental. The Hotel segment relates to operations of hotel properties whereas, the lending segment refers to income from the yield and other related fee income earned on its loans receivable. The lending segment includes income recognized from the sale of government guaranteed portion of loans receivable, income from the yield on its loans receivable and other related fee income earned.
Executives
Richard S Ressler director, 10 percent owner C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Avraham Shemesh director, 10 percent owner C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
Shaul Kuba director, 10 percent owner C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
Cim Cmct Mlp, Llc other: Member of 10% owner group 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Marcie L Edwards director 27975 LANGLEY PL, CASTAIC CA 91384
John Hope Bryant director C/O BRYANT GROUP VENTURES, 3473 S. SYCAMORE AVENUE, LOS ANGELES CA 90016
Cim Capital Real Property Management, Llc 10 percent owner 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Elaine Y Wong director 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
David Andrew Thompson officer: Chief Executive Officer C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
Cim Capital, Llc other: Member of 10% owner group 4700 WILSHIRE BLVD, LOS ANGELES CA 90010
Nathan David Debacker officer: Chief Financial Officer 2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX AZ 85016
Jan F Salit officer: President and Secretary 18111 PRESTON ROAD SUITE 600, DALLAS TX 75252
Urban Partners Ii, Llc 10 percent owner C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
Cim Service Provider, Llc other: Member of 10% Owner Group C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
Cim Urban Sponsor, Llc other: Member of 10% owner group 4700 WILSHIRE BLVD, LOS ANGELES CA 90010

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