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Interlink Electronics (Interlink Electronics) ROE % : -13.62% (As of Dec. 2023)


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What is Interlink Electronics ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Interlink Electronics's annualized net income for the quarter that ended in Dec. 2023 was $-1.79 Mil. Interlink Electronics's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $13.15 Mil. Therefore, Interlink Electronics's annualized ROE % for the quarter that ended in Dec. 2023 was -13.62%.

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

LINK' s ROE % Range Over the Past 10 Years
Min: -6.81   Med: 6.73   Max: 37.97
Current: -2.83

During the past 13 years, Interlink Electronics's highest ROE % was 37.97%. The lowest was -6.81%. And the median was 6.73%.

LINK's ROE % is ranked worse than
71.17% of 2411 companies
in the Hardware industry
Industry Median: 4.81 vs LINK: -2.83

Interlink Electronics ROE % Historical Data

The historical data trend for Interlink Electronics'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.

Interlink Electronics ROE % Chart

Interlink Electronics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.64 1.30 -6.81 12.59 -2.85

Interlink Electronics Quarterly Data
Jun18 Sep18 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 42.95 -5.54 11.05 -3.69 -13.62

Competitive Comparison of Interlink Electronics's ROE %

For the Electronic Components subindustry, Interlink Electronics'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.


Interlink Electronics's ROE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Interlink Electronics's ROE % distribution charts can be found below:

* The bar in red indicates where Interlink Electronics's ROE % falls into.



Interlink Electronics ROE % Calculation

Interlink Electronics'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 )
=-0.383/( (13.848+13.028)/ 2 )
=-0.383/13.438
=-2.85 %

Interlink Electronics'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 )
=-1.792/( (13.279+13.028)/ 2 )
=-1.792/13.1535
=-13.62 %

* 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.


Interlink Electronics  (NAS:LINK) 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
=-1.792/13.1535
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.792 / 14.152)*(14.152 / 15.178)*(15.178 / 13.1535)
=Net Margin %*Asset Turnover*Equity Multiplier
=-12.66 %*0.9324*1.1539
=ROA %*Equity Multiplier
=-11.8 %*1.1539
=-13.62 %

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
=-1.792/13.1535
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.792 / -2.28) * (-2.28 / -2.32) * (-2.32 / 14.152) * (14.152 / 15.178) * (15.178 / 13.1535)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.786 * 0.9828 * -16.39 % * 0.9324 * 1.1539
=-13.62 %

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.


Interlink Electronics ROE % Related Terms

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


Interlink Electronics (Interlink Electronics) Business Description

Traded in Other Exchanges
N/A
Address
1 Jenner, Suite 200, Irvine, CA, USA, 92618
Interlink Electronics Inc designs, develops, manufactures, and sells its proprietary materials technology, firmware, and software into a portfolio of standard sensor-based products and custom sensor system solutions. These include sensor components, subassemblies, modules, and products that support effective, efficient cursor control and novel three-dimensional user inputs. Its Human Machine Interface technology platforms are deployed in a wide range of markets, including consumer electronics, automotive, industrial, and medical. The geographical segments of the company are the United States, Asia & Middle East, and Europe & others.
Executives
Maria N. Fregosi director C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Joy C. Hou director C/O QUALSTAR CORPORATION, 1267 FLYNN ROAD, CAMARILLO CA 93012
Sb4 Investments Llc 10 percent owner 10100 SANTA MONICA BLVD, SUITE 1400, LOS ANGELES CA 90067
Peter Roussak officer: VP, General Counsel 1 JENNER, SUITE 200, C/O INTERLINK ELECTRONICS, INC., IRVINE CA 92618
David John Wolenski director 5328 W. BURGUNDY PL., LITTLETON CO 80123
Zhiyun Gene Chen officer: VP Engineering & Advanced MATL 1 JENNER, SUITE 200, IRVINE CA 92618
Ryan Hoffman officer: Chief Financial Officer C/O INTERLINK ELECTRONICS, INC., 1 JENNER, SUITE 200, IRVINE CA 92618
Steven N Bronson director, 10 percent owner, officer: COB, CEO and President
Frank H Levinson director 3736 FALLON ROAD #428, DUBLIN CA 94568
Mark Albert Bailey director C/O INTERLINK ELECTRONICS, INC., 31248 OAK CREST DRIVE, WESTLAKE VILLAGE CA 91361
Leonard Hagan 10 percent owner 650 THOMAS AVENUE, BALDWIN NY 11510
Angela Blatteis director 7 BEVERLY PARK, BEVERLY HILLS CA 90210
David S. Burnett officer: Chief Financial Officer C/O INTERLINK ELECTRONICS, INC., 31248 OAK CREST DRIVE, SUITE 110, WESTLAKE VILLAGE CA 91361
Bkf Asset Holdings, Inc. 10 percent owner 3990-B HERITAGE OAK COURT, SIMI VALLEY CA 93063
Bkf Capital Group Inc 10 percent owner 1 JENNER, SUITE 200, IRVINE CA 92618