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Rentech Nitrogen Partners LP (Rentech Nitrogen Partners LP) ROE % : 0.00% (As of Dec. 2015)


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What is Rentech Nitrogen Partners LP ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Rentech Nitrogen Partners LP's annualized net income for the quarter that ended in Dec. 2015 was $-73.6 Mil. Rentech Nitrogen Partners LP's average Total Stockholders Equity over the quarter that ended in Dec. 2015 was $-152.1 Mil. Therefore, Rentech Nitrogen Partners LP's annualized ROE % for the quarter that ended in Dec. 2015 was N/A%.

The historical rank and industry rank for Rentech Nitrogen Partners LP's ROE % or its related term are showing as below:

RNF's ROE % is not ranked *
in the Agriculture industry.
Industry Median: 6
* Ranked among companies with meaningful ROE % only.

Rentech Nitrogen Partners LP ROE % Historical Data

The historical data trend for Rentech Nitrogen Partners LP'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.

Rentech Nitrogen Partners LP ROE % Chart

Rentech Nitrogen Partners LP Annual Data
Trend Sep09 Sep10 Sep11 Dec12 Dec13 Dec14 Dec15
ROE %
Get a 7-Day Free Trial Negative Equity 643.22 6.14 -6.63 -

Rentech Nitrogen Partners LP Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 449.65 467.31 - - -

Competitive Comparison of Rentech Nitrogen Partners LP's ROE %

For the Agricultural Inputs subindustry, Rentech Nitrogen Partners LP'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.


Rentech Nitrogen Partners LP's ROE % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Rentech Nitrogen Partners LP's ROE % distribution charts can be found below:

* The bar in red indicates where Rentech Nitrogen Partners LP's ROE % falls into.



Rentech Nitrogen Partners LP ROE % Calculation

Rentech Nitrogen Partners LP's annualized ROE % for the fiscal year that ended in Dec. 2015 is calculated as

ROE %=Net Income (A: Dec. 2015 )/( (Total Stockholders Equity (A: Dec. 2014 )+Total Stockholders Equity (A: Dec. 2015 ))/ count )
=-101.526/( (8.891+-166.266)/ 2 )
=-101.526/-78.6875
=N/A %

Rentech Nitrogen Partners LP's annualized ROE % for the quarter that ended in Dec. 2015 is calculated as

ROE %=Net Income (Q: Dec. 2015 )/( (Total Stockholders Equity (Q: Sep. 2015 )+Total Stockholders Equity (Q: Dec. 2015 ))/ count )
=-73.624/( (-137.954+-166.266)/ 2 )
=-73.624/-152.11
=N/A %

* 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. 2015) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Rentech Nitrogen Partners LP  (NYSE:RNF) 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. 2015 )
=Net Income/Total Stockholders Equity
=-73.624/-152.11
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-73.624 / 309.524)*(309.524 / 266.214)*(266.214 / -152.11)
=Net Margin %*Asset Turnover*Equity Multiplier
=-23.79 %*1.1627*N/A
=ROA %*Equity Multiplier
=-27.66 %*N/A
=N/A %

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. 2015 )
=Net Income/Total Stockholders Equity
=-73.624/-152.11
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-73.624 / -74.86) * (-74.86 / -52.42) * (-52.42 / 309.524) * (309.524 / 266.214) * (266.214 / -152.11)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9835 * 1.4281 * -16.94 % * 1.1627 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Dec. 2015) net income data. The Revenue data used here is four times the quarterly (Dec. 2015) 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.


Rentech Nitrogen Partners LP ROE % Related Terms

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


Rentech Nitrogen Partners LP (Rentech Nitrogen Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
Rentech Nitrogen Partners LP is a Delaware limited partnership formed in July 2011. The Company is engaged in manufacturing of nitrogen fertilizer. The Company owns and operates two fertilizer facilities: East Dubuque Facility and Pasadena Facility. The East Dubuque Facility produces ammonia, UAN, liquid and granular urea, nitric acid and food-grade carbon dioxide, or CO2, using natural gas as its primary feedstock. Some of these products are final products sold to customers, and others, including ammonia, are both final products and feedstocks for other products, such as UAN, nitric acid, liquid urea and granular urea. The Pasadena Facility ceased production of diammonium phosphate and monoammonium phosphate. Its Pasadena Facility is the producer of synthetic ammonium sulfate and the third largest producer of ammonium sulfate in North America. The Pasadena Facility's products are applied to many types of crops including soybeans, potatoes, cotton, canola, alfalfa, corn and wheat. The Company is subject to a number of federal and state laws and regulations related to safety, including the federal Occupational Safety and Health Act, or OSHA, and comparable state statutes, the purpose of which are to protect the health and safety of workers.
Executives
Michael S Burke director C/O AECOM TECHNOLOGY CORPORATION, 555 S. FLOWER STREET, SUITE 3700, LOS ANGELES CA 90071
Keith B Forman director, officer: Chief Executive Officer 7200 TEXAS COMMERCE TOWER, 600 TRAVIS ST, HOUSTON TX 77002
John Howard Diesch director, officer: President 1331 17TH STREET, SUITE 720, DENVER CO 80202
Rentech, Inc. 10 percent owner 10877 WILSHIRE BLVD, 10TH FLOOR, LOS ANGELES CA 90024
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Halbert S Washburn director 515 SOUTH FLOWER STREET 48TH FLOOR, SUITE 4800, LOS ANGELES CA 90071