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Niska Gas Storage Partners LLC (Niska Gas Storage Partners LLC) ROE % : -106.83% (As of Mar. 2016)


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What is Niska Gas Storage Partners LLC ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Niska Gas Storage Partners LLC's annualized net income for the quarter that ended in Mar. 2016 was $-99.47 Mil. Niska Gas Storage Partners LLC's average Total Stockholders Equity over the quarter that ended in Mar. 2016 was $93.11 Mil. Therefore, Niska Gas Storage Partners LLC's annualized ROE % for the quarter that ended in Mar. 2016 was -106.83%.

The historical rank and industry rank for Niska Gas Storage Partners LLC's ROE % or its related term are showing as below:

NKA's ROE % is not ranked *
in the Oil & Gas industry.
Industry Median: 7.825
* Ranked among companies with meaningful ROE % only.

Niska Gas Storage Partners LLC ROE % Historical Data

The historical data trend for Niska Gas Storage Partners LLC'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.

Niska Gas Storage Partners LLC ROE % Chart

Niska Gas Storage Partners LLC Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
ROE %
Get a 7-Day Free Trial Premium Member Only -20.63 -6.77 -1.56 -94.80 -76.20

Niska Gas Storage Partners LLC Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 -82.04 -87.85 -56.05 -71.21 -106.83

Competitive Comparison of Niska Gas Storage Partners LLC's ROE %

For the Oil & Gas Midstream subindustry, Niska Gas Storage Partners LLC'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.


Niska Gas Storage Partners LLC's ROE % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Niska Gas Storage Partners LLC's ROE % distribution charts can be found below:

* The bar in red indicates where Niska Gas Storage Partners LLC's ROE % falls into.



Niska Gas Storage Partners LLC ROE % Calculation

Niska Gas Storage Partners LLC's annualized ROE % for the fiscal year that ended in Mar. 2016 is calculated as

ROE %=Net Income (A: Mar. 2016 )/( (Total Stockholders Equity (A: Mar. 2015 )+Total Stockholders Equity (A: Mar. 2016 ))/ count )
=-101.47/( (185.671+80.639)/ 2 )
=-101.47/133.155
=-76.20 %

Niska Gas Storage Partners LLC's annualized ROE % for the quarter that ended in Mar. 2016 is calculated as

ROE %=Net Income (Q: Mar. 2016 )/( (Total Stockholders Equity (Q: Dec. 2015 )+Total Stockholders Equity (Q: Mar. 2016 ))/ count )
=-99.468/( (105.582+80.639)/ 2 )
=-99.468/93.1105
=-106.83 %

* 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 (Mar. 2016) net income data. ROE % is displayed in the 30-year financial page.


Niska Gas Storage Partners LLC  (NYSE:NKA) 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: Mar. 2016 )
=Net Income/Total Stockholders Equity
=-99.468/93.1105
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-99.468 / 36.576)*(36.576 / 1008.866)*(1008.866 / 93.1105)
=Net Margin %*Asset Turnover*Equity Multiplier
=-271.95 %*0.0363*10.8351
=ROA %*Equity Multiplier
=-9.87 %*10.8351
=-106.83 %

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: Mar. 2016 )
=Net Income/Total Stockholders Equity
=-99.468/93.1105
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-99.468 / -119.352) * (-119.352 / -68.756) * (-68.756 / 36.576) * (36.576 / 1008.866) * (1008.866 / 93.1105)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8334 * 1.7359 * -187.98 % * 0.0363 * 10.8351
=-106.83 %

Note: The net income data used here is four times the quarterly (Mar. 2016) net income data. The Revenue data used here is four times the quarterly (Mar. 2016) 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.


Niska Gas Storage Partners LLC ROE % Related Terms

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Niska Gas Storage Partners LLC (Niska Gas Storage Partners LLC) Business Description

Traded in Other Exchanges
N/A
Address
Niska Gas Storage Partners LLC was founded in 2006. The Company owns and operates natural gas storage assets. It owns or contracts for approximately 244.9 billion cubic feet, or Bcf, of total natural gas storage capacity. Its assets are located in key North American natural gas producing and consuming regions and are connected at points on the natural gas transmission network, providing access to multiple end-use markets. The Company stores natural gas for customers, including financial institutions, marketers, pipelines, power generators, utilities and producers of natural gas. Its gas storage customers include a broad mix of natural gas market participants, including financial institutions, producers, marketers, power generators, pipelines and municipalities. Its competitors include The Company's operations are subject to governmental laws and regulations.
Executives
Michael J Hennigan director 3807 WEST CHESTER PIKE, NEWTOWN SQUARE PA 19073
James G Jackson director 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Ralph Alexander director 1000 LOUISIANA, SUITE 1450, HOUSTON TX 77002
Shea William H Jr director, officer: President & CEO C/O NISKA GAS STORAGE PARTNERS LLC, 170 RADNOR CHESTER ROAD, SUITE 150, RADNOR PA 19087
Davis Bruce D Jr officer: VP & Chief Administrative Offi 400, 607 8TH AVENUE S.W., CALGARY A0 T2P 0A7
Deborah M Fretz director 1801 MARKET STREET, PHILADELPHIA PA 19103
Carlyle/riverstone Energy Partners Iii, L.p. director, 10 percent owner 712 FIFTH AVENUE, 51ST FLOOR, NEW YORK NY 10019
C/r Energy Gp Iii, Llc director, 10 percent owner 712 FIFTH AVENUE, 51ST FLOOR, NEW YORK NY 10019
Carlyle Group Inc. 10 percent owner C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Carlyle Group Management L.l.c. 10 percent owner C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings I Gp Inc. 10 percent owner C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings I Gp Sub L.l.c. 10 percent owner C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings I L.p. 10 percent owner C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Tc Group Sub L.p. 10 percent owner C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
George A Obrien director C/O INTERNATIONAL PAPER, 400 ATLANTIC STREET, STAMFORD CT 06921

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