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American International Industries (American International Industries) ROE % : -18.98% (As of Sep. 2015)


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What is American International Industries ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. American International Industries's annualized net income for the quarter that ended in Sep. 2015 was $-1.08 Mil. American International Industries's average Total Stockholders Equity over the quarter that ended in Sep. 2015 was $5.67 Mil. Therefore, American International Industries's annualized ROE % for the quarter that ended in Sep. 2015 was -18.98%.

The historical rank and industry rank for American International Industries's ROE % or its related term are showing as below:

AMIN's ROE % is not ranked *
in the Conglomerates industry.
Industry Median: 5.92
* Ranked among companies with meaningful ROE % only.

American International Industries ROE % Historical Data

The historical data trend for American International Industries'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.

American International Industries ROE % Chart

American International Industries Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 -26.67 -19.00 -18.01 -29.36

American International Industries Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 23.76 -103.78 -68.50 -17.43 -18.98

Competitive Comparison of American International Industries's ROE %

For the Conglomerates subindustry, American International Industries'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.


American International Industries's ROE % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, American International Industries's ROE % distribution charts can be found below:

* The bar in red indicates where American International Industries's ROE % falls into.



American International Industries ROE % Calculation

American International Industries's annualized ROE % for the fiscal year that ended in Dec. 2014 is calculated as

ROE %=Net Income (A: Dec. 2014 )/( (Total Stockholders Equity (A: Dec. 2013 )+Total Stockholders Equity (A: Dec. 2014 ))/ count )
=-2.415/( (9.19+7.259)/ 2 )
=-2.415/8.2245
=-29.36 %

American International Industries's annualized ROE % for the quarter that ended in Sep. 2015 is calculated as

ROE %=Net Income (Q: Sep. 2015 )/( (Total Stockholders Equity (Q: Jun. 2015 )+Total Stockholders Equity (Q: Sep. 2015 ))/ count )
=-1.076/( (5.799+5.541)/ 2 )
=-1.076/5.67
=-18.98 %

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


American International Industries  (OTCPK:AMIN) 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: Sep. 2015 )
=Net Income/Total Stockholders Equity
=-1.076/5.67
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.076 / 0.008)*(0.008 / 8.192)*(8.192 / 5.67)
=Net Margin %*Asset Turnover*Equity Multiplier
=-13450 %*0.001*1.4448
=ROA %*Equity Multiplier
=-13.45 %*1.4448
=-18.98 %

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: Sep. 2015 )
=Net Income/Total Stockholders Equity
=-1.076/5.67
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.076 / -1.156) * (-1.156 / -0.984) * (-0.984 / 0.008) * (0.008 / 8.192) * (8.192 / 5.67)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9308 * 1.1748 * -12300 % * 0.001 * 1.4448
=-18.98 %

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


American International Industries ROE % Related Terms

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


American International Industries (American International Industries) Business Description

Traded in Other Exchanges
N/A
Address
601 Cien Street, Suite 235, Kemah, TX, USA, 77565-3077
American International Industries Inc operates as a diversified holding company. The company has interests in industrial, oil and gas, oilfield supply and service companies, and interests in an undeveloped real estate in the Galveston Bay, Texas area. American International serves both as a financial and professional business savvy partner for its subsidiaries. The company has the following reporting segments - American International Holdings Corp, American International Texas Properties Inc, Brenham Oil, and Gas.
Executives
Daniel Dror officer: Chairman & CEO 601 HANSON RD, KEMAH TX 77565-2701
Sherry Lynne Couturier officer: CFO 601 CIEN STREET, STE. 235, KEMAH TX 77565
Craft Thomas J Jr director 11000 PROSPERITY FARMS ROAD, SUITE 101, PALM BEACH GARDENS FL 33401
Steven M Plumb director 5300 NORTH BREASEWOOD, PMB #370, HOUSTON TX 77096-3317
Stump John W Iii other: Former Director 601 CIEN RD, SUITE 235, KEMAH TX 77565-3077
Gary D Woerz other: Former CFO 601 CIEN RD, SUITE 235, KEMAH TX 77565