GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Anthemis Digital Acquisitions I Corp (NAS:ADALU) » Definitions » ROE %

Anthemis Digital Acquisitions I (Anthemis Digital Acquisitions I) ROE % : 3.04% (As of Dec. 2022)


View and export this data going back to 2021. Start your Free Trial

What is Anthemis Digital Acquisitions I ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Anthemis Digital Acquisitions I's annualized net income for the quarter that ended in Dec. 2022 was $6.98 Mil. Anthemis Digital Acquisitions I's average Total Stockholders Equity over the quarter that ended in Dec. 2022 was $229.72 Mil. Therefore, Anthemis Digital Acquisitions I's annualized ROE % for the quarter that ended in Dec. 2022 was 3.04%.

The historical rank and industry rank for Anthemis Digital Acquisitions I's ROE % or its related term are showing as below:

ADALU' s ROE % Range Over the Past 10 Years
Min: 1.08   Med: 1.08   Max: 1.09
Current: 1.09

During the past 2 years, Anthemis Digital Acquisitions I's highest ROE % was 1.09%. The lowest was 1.08%. And the median was 1.08%.

ADALU's ROE % is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.38 vs ADALU: 1.09

Anthemis Digital Acquisitions I ROE % Historical Data

The historical data trend for Anthemis Digital Acquisitions I'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.

Anthemis Digital Acquisitions I ROE % Chart

Anthemis Digital Acquisitions I Annual Data
Trend Dec21 Dec22
ROE %
- 1.08

Anthemis Digital Acquisitions I Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
ROE % Get a 7-Day Free Trial - -0.34 0.12 1.51 3.04

Competitive Comparison of Anthemis Digital Acquisitions I's ROE %

For the Shell Companies subindustry, Anthemis Digital Acquisitions I'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.


Anthemis Digital Acquisitions I's ROE % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Anthemis Digital Acquisitions I's ROE % distribution charts can be found below:

* The bar in red indicates where Anthemis Digital Acquisitions I's ROE % falls into.



Anthemis Digital Acquisitions I ROE % Calculation

Anthemis Digital Acquisitions I's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=2.482/( (228.107+230.59)/ 2 )
=2.482/229.3485
=1.08 %

Anthemis Digital Acquisitions I's annualized ROE % for the quarter that ended in Dec. 2022 is calculated as

ROE %=Net Income (Q: Dec. 2022 )/( (Total Stockholders Equity (Q: Sep. 2022 )+Total Stockholders Equity (Q: Dec. 2022 ))/ count )
=6.976/( (228.846+230.59)/ 2 )
=6.976/229.718
=3.04 %

* 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. 2022) net income data. ROE % is displayed in the 30-year financial page.


Anthemis Digital Acquisitions I  (NAS:ADALU) 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. 2022 )
=Net Income/Total Stockholders Equity
=6.976/229.718
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6.976 / 0)*(0 / 237.793)*(237.793 / 229.718)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.0352
=ROA %*Equity Multiplier
=N/A %*1.0352
=3.04 %

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. 2022 )
=Net Income/Total Stockholders Equity
=6.976/229.718
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (6.976 / 6.976) * (6.976 / -1.128) * (-1.128 / 0) * (0 / 237.793) * (237.793 / 229.718)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * -6.1844 * N/A % * 0 * 1.0352
=3.04 %

Note: The net income data used here is four times the quarterly (Dec. 2022) net income data. The Revenue data used here is four times the quarterly (Dec. 2022) 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.


Anthemis Digital Acquisitions I ROE % Related Terms

Thank you for viewing the detailed overview of Anthemis Digital Acquisitions I's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Anthemis Digital Acquisitions I (Anthemis Digital Acquisitions I) Business Description

Traded in Other Exchanges
N/A
Address
122 Hudson Street, 3rd Floor, New York, NY, USA, 10013
Anthemis Digital Acquisitions I Corp is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.