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Applied Energetics (Applied Energetics) ROE %

: -352.98% (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. Applied Energetics's annualized net income for the quarter that ended in Dec. 2023 was $-7.13 Mil. Applied Energetics's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $2.02 Mil. Therefore, Applied Energetics's annualized ROE % for the quarter that ended in Dec. 2023 was -352.98%.

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

AERG' s ROE % Range Over the Past 10 Years
Min: -392.98   Med: -204.22   Max: -135.08
Current: -209.78

During the past 13 years, Applied Energetics's highest ROE % was -135.08%. The lowest was -392.98%. And the median was -204.22%.

AERG's ROE % is ranked worse than
97.32% of 298 companies
in the Aerospace & Defense industry
Industry Median: 6.355 vs AERG: -209.78

Applied Energetics ROE % Historical Data

The historical data trend for Applied Energetics'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.

Applied Energetics 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 - - -232.33 -135.08 -204.22

Applied Energetics 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 -216.95 -154.82 -184.12 -246.23 -352.98

Competitive Comparison

For the Aerospace & Defense subindustry, Applied Energetics'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.


Applied Energetics ROE % Distribution

For the Aerospace & Defense industry and Industrials sector, Applied Energetics's ROE % distribution charts can be found below:

* The bar in red indicates where Applied Energetics's ROE % falls into.



Applied Energetics ROE % Calculation

Applied Energetics'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 )
=-7.35/( (5.578+1.62)/ 2 )
=-7.35/3.599
=-204.22 %

Applied Energetics'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 )
=-7.132/( (2.421+1.62)/ 2 )
=-7.132/2.0205
=-352.98 %

* 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.


Applied Energetics  (OTCPK:AERG) 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
=-7.132/2.0205
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-7.132 / 3.488)*(3.488 / 3.9785)*(3.9785 / 2.0205)
=Net Margin %*Asset Turnover*Equity Multiplier
=-204.47 %*0.8767*1.9691
=ROA %*Equity Multiplier
=-179.26 %*1.9691
=-352.98 %

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
=-7.132/2.0205
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-7.132 / -7.132) * (-7.132 / -7.188) * (-7.188 / 3.488) * (3.488 / 3.9785) * (3.9785 / 2.0205)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.9922 * -206.08 % * 0.8767 * 1.9691
=-352.98 %

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.


Applied Energetics ROE % Related Terms

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Applied Energetics (Applied Energetics) Business Description

Traded in Other Exchanges
N/A
Address
9070 S. Rita Road, Suite 1500, Tucson, AZ, USA, 85747
Applied Energetics Inc specializes in the development and manufacture of high-performance lasers, high-voltage electronics, optical systems, and integrated guided energy systems for prospective defense, national security, industrial, and scientific customers. The company pioneered and holds all crucial intellectual property rights to the development and use of Laser Guided Energy technology and related solutions for commercial, defense, and security applications, and is protected by patents and additional Government Sensitive Patent Applications GSPA. The company's GSPAs are held under the secrecy orders of the United States government and allows it greatly extended protection rights.
Executives
Bradford Thomas Adamczyk director 16A HARSTON, 109 REPULSE BAY ROAD, REPULSE BAY K3 00000
Gregory James Quarles director, officer: President and CEO 2480 W. RUTHRAUFF ROAD, SUITE 1400, TUSCAN AZ 85705
Christopher Wayne Donaghey officer: CFO/COO 207 MCLEAN PL, SEVERNA PARK MD 21146
Schultz John E. Jr. director 2480 W RUTHRAUFF ROAD, SUITE 140 Q, TUCSON AZ 85705
Mary Payton O'hara director C/O APPLIED ENERGETICS, INC., 9070 S. RITA ROAD, SUITE 1500, TUCSON AZ 85747
Jonathan Barcklow director, officer: Vice President and Secretary 6412 BRANDON AVE #335, SPRINGFIELDS VA 22150
George P Farley director, officer: CEO C/O ICAD, INC., 98 SPIT BROOK ROAD, SUITE 100, NASHUA NH 03062
Joseph Hayden 10 percent owner, officer: Vice Pres Business Development C/O APPLIED ENERGETICS, INC., 3716 E. COLUMBIA ST., STE 120, TUCSON AZ 85714
Humberto Astorga officer: Controller C/O APPLIED ENERGETICS, INC., 3590 EAST COLUMBIA STREET, TUCSON AZ 85714
Eric Lau officer: COO and VP of Engineering C/O APPLIED ENERGETICS, INC., 3590 EAST COLUMBIA STREET, TUCSON AZ 85714
John F Levy director C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Mark Lister director C/O APPLIED ENERGETICS, INC., 3590 EAST COLUMBIA STREET, TUCSON AZ 85714
James M Feigley director C/O APPLIED ENERGETICS, INC., 3590 EAST COLUMBIA STREET, TUCSON AZ 85714
Dana A Marshall director, officer: President and CEO C/O APPLIED ENERGETICS, INC., 3716 EAST COLUMBIA ST., SUITE 120, TUCSON AZ 85714
Kenneth M Wallace officer: Chief Financial Officer C/O APPLIED ENERGETICS, INC., 3716 E. COLUMBIA ST., STE 120, TUCSON AZ 85714

Applied Energetics (Applied Energetics) Headlines