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Hallador Energy Co (Hallador Energy Co) ROE % : -15.17% (As of Dec. 2023)


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What is Hallador Energy Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hallador Energy Co's annualized net income for the quarter that ended in Dec. 2023 was $-41.0 Mil. Hallador Energy Co's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $270.1 Mil. Therefore, Hallador Energy Co's annualized ROE % for the quarter that ended in Dec. 2023 was -15.17%.

The historical rank and industry rank for Hallador Energy Co's ROE % or its related term are showing as below:

HNRG' s ROE % Range Over the Past 10 Years
Min: -26.82   Med: 5.7   Max: 18.52
Current: 17.95

During the past 13 years, Hallador Energy Co's highest ROE % was 18.52%. The lowest was -26.82%. And the median was 5.70%.

HNRG's ROE % is ranked better than
65.7% of 172 companies
in the Other Energy Sources industry
Industry Median: 8.785 vs HNRG: 17.95

Hallador Energy Co ROE % Historical Data

The historical data trend for Hallador Energy Co'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.

Hallador Energy Co ROE % Chart

Hallador Energy Co 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 -26.82 -3.30 -2.04 9.11 18.52

Hallador Energy Co 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 60.18 39.01 27.50 24.42 -15.17

Competitive Comparison of Hallador Energy Co's ROE %

For the Thermal Coal subindustry, Hallador Energy Co'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.


Hallador Energy Co's ROE % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Hallador Energy Co's ROE % distribution charts can be found below:

* The bar in red indicates where Hallador Energy Co's ROE % falls into.



Hallador Energy Co ROE % Calculation

Hallador Energy Co'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 )
=44.793/( (215.024+268.588)/ 2 )
=44.793/241.806
=18.52 %

Hallador Energy Co'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 )
=-40.992/( (271.689+268.588)/ 2 )
=-40.992/270.1385
=-15.17 %

* 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.


Hallador Energy Co  (NAS:HNRG) 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
=-40.992/270.1385
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-40.992 / 476.736)*(476.736 / 587.483)*(587.483 / 270.1385)
=Net Margin %*Asset Turnover*Equity Multiplier
=-8.6 %*0.8115*2.1747
=ROA %*Equity Multiplier
=-6.98 %*2.1747
=-15.17 %

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
=-40.992/270.1385
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-40.992 / -54.944) * (-54.944 / -41.072) * (-41.072 / 476.736) * (476.736 / 587.483) * (587.483 / 270.1385)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7461 * 1.3377 * -8.62 % * 0.8115 * 2.1747
=-15.17 %

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.


Hallador Energy Co ROE % Related Terms

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


Hallador Energy Co (Hallador Energy Co) Business Description

Traded in Other Exchanges
Address
1183 East Canvasback Drive, Terre Haute, IN, USA, 47802
Hallador Energy Co is a coal mining company with operations in Indiana, USA, and it is part of the electric power generation industry. The operations of the company are divided into two primary reportable segments, the Coal Operations and Electric Operations segments. The majority of revenue is earned from the Coal Operations segment.
Executives
David C Hardie director, officer: Chairman of the Board 555 DALE DRIVE, INCLINE VILLAGE NV 89451
Heath Aaron Lovell other: President-Hallador Power 10130 NORTH GREEN RIVER ROAD, EVANSVILLE IN 47725
Bryan H Lawrence director C/O CROSSTEX ENERGY HOLDINGS INC, 2501 CEDAR SPRINGS STE 600, DALLAS TX 75201
Robert Todd Davis officer: SVP & CAO 1183 E. CANVASBACK DRIVE, TERRE HAUTE IN 47802
Wesley Charles Ray Iv director 3033 EAST 1ST AVENUE, DENVER CO 80206
Yorktown Energy Partners Viii, L.p. 10 percent owner 410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Yorktown Viii Associates Llc 10 percent owner 410 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10022
David J Lubar director 770 NORTH WATER STREET, ATTN: CORPORATE SECRETARIES DEPT., MILWAUKEE WI 53202
Lawrence D Martin other: CFO - Sunrise Coal, LLC 1183 CANVASBACK DRIVE, TERRE HAUTE IN 47802
Brent K Bilsland director, officer: President 1183 EAST CANVASBACK DRIVE, TERRE HAUTE IN 47802
Victor P Stabio officer: Chairman & Corporate Secretary
W Anderson Bishop officer: Chief Financial Officer 6120 SOUTH YALE AVENUE, SUITE 700, TULSA OK 74136
Hallador Alternative Assets Fund, Llc 10 percent owner 555 DALE DRIVE, INCLINE VILLAGE NV 89451
Steven Hardie director
Yorktown Energy Partners Vii, L.p. 10 percent owner 410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022