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Spicy Entertainment and Media (BOM:540084) ROE % : -3.78% (As of Mar. 2023)


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What is Spicy Entertainment and Media ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Spicy Entertainment and Media's annualized net income for the quarter that ended in Mar. 2023 was ₹-6.6 Mil. Spicy Entertainment and Media's average Total Stockholders Equity over the quarter that ended in Mar. 2023 was ₹175.4 Mil. Therefore, Spicy Entertainment and Media's annualized ROE % for the quarter that ended in Mar. 2023 was -3.78%.

The historical rank and industry rank for Spicy Entertainment and Media's ROE % or its related term are showing as below:

BOM:540084' s ROE % Range Over the Past 10 Years
Min: -1.61   Med: 0.84   Max: 36.27
Current: 1.82

During the past 11 years, Spicy Entertainment and Media's highest ROE % was 36.27%. The lowest was -1.61%. And the median was 0.84%.

BOM:540084's ROE % is not ranked
in the Media - Diversified industry.
Industry Median: 2.57 vs BOM:540084: 1.82

Spicy Entertainment and Media ROE % Historical Data

The historical data trend for Spicy Entertainment and Media'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.

Spicy Entertainment and Media ROE % Chart

Spicy Entertainment and Media Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.32 -1.61 0.22 1.83

Spicy Entertainment and Media Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 -19.54 -2.10 2.55 7.45 -3.78

Competitive Comparison of Spicy Entertainment and Media's ROE %

For the Entertainment subindustry, Spicy Entertainment and Media'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.


Spicy Entertainment and Media's ROE % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Spicy Entertainment and Media's ROE % distribution charts can be found below:

* The bar in red indicates where Spicy Entertainment and Media's ROE % falls into.



Spicy Entertainment and Media ROE % Calculation

Spicy Entertainment and Media's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=3.157/( (170.626+173.783)/ 2 )
=3.157/172.2045
=1.83 %

Spicy Entertainment and Media's annualized ROE % for the quarter that ended in Mar. 2023 is calculated as

ROE %=Net Income (Q: Mar. 2023 )/( (Total Stockholders Equity (Q: Sep. 2022 )+Total Stockholders Equity (Q: Mar. 2023 ))/ count )
=-6.636/( (177.101+173.783)/ 2 )
=-6.636/175.442
=-3.78 %

* 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 (Mar. 2023) net income data. ROE % is displayed in the 30-year financial page.


Spicy Entertainment and Media  (BOM:540084) 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: Mar. 2023 )
=Net Income/Total Stockholders Equity
=-6.636/175.442
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6.636 / 216.1)*(216.1 / 1882.1725)*(1882.1725 / 175.442)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.07 %*0.1148*10.7282
=ROA %*Equity Multiplier
=-0.35 %*10.7282
=-3.78 %

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: Mar. 2023 )
=Net Income/Total Stockholders Equity
=-6.636/175.442
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-6.636 / -5.58) * (-5.58 / -103.92) * (-103.92 / 216.1) * (216.1 / 1882.1725) * (1882.1725 / 175.442)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.1892 * 0.0537 * -48.09 % * 0.1148 * 10.7282
=-3.78 %

Note: The net income data used here is two times the semi-annual (Mar. 2023) net income data. The Revenue data used here is two times the semi-annual (Mar. 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.


Spicy Entertainment and Media ROE % Related Terms

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Spicy Entertainment and Media (BOM:540084) Business Description

Traded in Other Exchanges
N/A
Address
68, R. K. Chatterjee Road Kasba, Rash Behari Connector, 3rd Floor, Kolkata, WB, IND, 700042
Spicy Entertainment and Media Ltd is a media and entertainment company. It offers end-to-end integrated services including Production, Post Production and Media and Creative Services to production houses, studios, and broadcasters.

Spicy Entertainment and Media (BOM:540084) Headlines

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