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Sirius Minerals (Sirius Minerals) ROE % : -0.85% (As of Jun. 2019)


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What is Sirius Minerals ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Sirius Minerals's annualized net income for the quarter that ended in Jun. 2019 was $-7.86 Mil. Sirius Minerals's average Total Stockholders Equity over the quarter that ended in Jun. 2019 was $929.64 Mil. Therefore, Sirius Minerals's annualized ROE % for the quarter that ended in Jun. 2019 was -0.85%.

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

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

Sirius Minerals ROE % Historical Data

The historical data trend for Sirius Minerals'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.

Sirius Minerals ROE % Chart

Sirius Minerals Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Dec16 Dec17 Dec18
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.39 -6.45 -6.83 -16.31 -2.25

Sirius Minerals Semi-Annual Data
Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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 -66.20 31.61 -38.94 31.01 -0.85

Competitive Comparison of Sirius Minerals's ROE %

For the Agricultural Inputs subindustry, Sirius Minerals'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.


Sirius Minerals's ROE % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Sirius Minerals's ROE % distribution charts can be found below:

* The bar in red indicates where Sirius Minerals's ROE % falls into.



Sirius Minerals ROE % Calculation

Sirius Minerals's annualized ROE % for the fiscal year that ended in Dec. 2018 is calculated as

ROE %=Net Income (A: Dec. 2018 )/( (Total Stockholders Equity (A: Dec. 2017 )+Total Stockholders Equity (A: Dec. 2018 ))/ count )
=-15.823/( (677.078+727.342)/ 2 )
=-15.823/702.21
=-2.25 %

Sirius Minerals's annualized ROE % for the quarter that ended in Jun. 2019 is calculated as

ROE %=Net Income (Q: Jun. 2019 )/( (Total Stockholders Equity (Q: Dec. 2018 )+Total Stockholders Equity (Q: Jun. 2019 ))/ count )
=-7.858/( (727.342+1131.939)/ 2 )
=-7.858/929.6405
=-0.85 %

* 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 two times the semi-annual (Jun. 2019) net income data. ROE % is displayed in the 30-year financial page.


Sirius Minerals  (OTCPK:SRUXY) 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: Jun. 2019 )
=Net Income/Total Stockholders Equity
=-7.858/929.6405
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-7.858 / 0)*(0 / 1725.219)*(1725.219 / 929.6405)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.8558
=ROA %*Equity Multiplier
=N/A %*1.8558
=-0.85 %

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: Jun. 2019 )
=Net Income/Total Stockholders Equity
=-7.858/929.6405
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-7.858 / -7.858) * (-7.858 / -32.954) * (-32.954 / 0) * (0 / 1725.219) * (1725.219 / 929.6405)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.2385 * N/A % * 0 * 1.8558
=-0.85 %

Note: The net income data used here is two times the semi-annual (Jun. 2019) net income data. The Revenue data used here is two times the semi-annual (Jun. 2019) 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.


Sirius Minerals ROE % Related Terms

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Sirius Minerals (Sirius Minerals) Business Description

Traded in Other Exchanges
N/A
Address
68 Haymarket, Third Floor, Greener House, London, GBR, SW1Y 4RF
Sirius Minerals PLC is a producer of multi-nutrient fertilizers. The company is currently organized into one business division: the UK segment. Under its UK segment, the firm conducts North Yorkshire polyhalite project related activities and the corporate operations. POLY4 is the trademark name of all polyhalite products from the company. The company operates its business mainly in the United Kingdom.

Sirius Minerals (Sirius Minerals) Headlines

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