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Glori Energy (Glori Energy) ROE % : 0.00% (As of Dec. 2016)


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What is Glori Energy ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Glori Energy's annualized net income for the quarter that ended in Dec. 2016 was $-15.19 Mil. Glori Energy's average Total Stockholders Equity over the quarter that ended in Dec. 2016 was $-4.02 Mil. Therefore, Glori Energy's annualized ROE % for the quarter that ended in Dec. 2016 was N/A%.

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

GLRI's ROE % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.41
* Ranked among companies with meaningful ROE % only.

Glori Energy ROE % Historical Data

The historical data trend for Glori Energy'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.

Glori Energy ROE % Chart

Glori Energy Annual Data
Trend Mar12 Mar13 Mar14 Dec15 Dec16
ROE %
- -1.92 -7.49 -165.67 -3,846.13

Glori Energy Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 -544.21 -276.11 -746.65 - -

Competitive Comparison of Glori Energy's ROE %

For the Shell Companies subindustry, Glori Energy'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.


Glori Energy's ROE % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Glori Energy's ROE % distribution charts can be found below:

* The bar in red indicates where Glori Energy's ROE % falls into.



Glori Energy ROE % Calculation

Glori Energy's annualized ROE % for the fiscal year that ended in Dec. 2016 is calculated as

ROE %=Net Income (A: Dec. 2016 )/( (Total Stockholders Equity (A: Dec. 2015 )+Total Stockholders Equity (A: Dec. 2016 ))/ count )
=-12.923/( (6.511+-5.839)/ 2 )
=-12.923/0.336
=-3,846.13 %

Glori Energy's annualized ROE % for the quarter that ended in Dec. 2016 is calculated as

ROE %=Net Income (Q: Dec. 2016 )/( (Total Stockholders Equity (Q: Sep. 2016 )+Total Stockholders Equity (Q: Dec. 2016 ))/ count )
=-15.192/( (-2.205+-5.839)/ 2 )
=-15.192/-4.022
=N/A %

* 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. 2016) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Glori Energy  (OTCPK:GLRI) 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. 2016 )
=Net Income/Total Stockholders Equity
=-15.192/-4.022
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-15.192 / 3.78)*(3.78 / 9.2995)*(9.2995 / -4.022)
=Net Margin %*Asset Turnover*Equity Multiplier
=-401.9 %*0.4065*N/A
=ROA %*Equity Multiplier
=-163.37 %*N/A
=N/A %

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. 2016 )
=Net Income/Total Stockholders Equity
=-15.192/-4.022
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-15.192 / -15.192) * (-15.192 / -8.256) * (-8.256 / 3.78) * (3.78 / 9.2995) * (9.2995 / -4.022)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.8401 * -218.41 % * 0.4065 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Dec. 2016) net income data. The Revenue data used here is four times the quarterly (Dec. 2016) 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.


Glori Energy ROE % Related Terms

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Glori Energy (Glori Energy) Business Description

Traded in Other Exchanges
N/A
Address
4315 South Drive, Houston, TX, USA, 77053
Glori Energy Inc is a development stage company.
Executives
Eric C Neuman director 100 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Ganesh Kishore director 11966 SACKSTON RIDGE DR, CREECE COCUR MO 63191
John U Clarke director PENN VIRGINIA CORPORATION, FOUR RADNOR CORPORATE CENTER, STE 200, RADNOR PA 19087
James C. Musselman director 4315 SOUTH DRIVE, HOUSTON TX 77053
Jonathan Fleming 10 percent owner 222 BERKELEY STREET, BOSTON MA 02116
Thomas O Hicks director 2200 ROSS AVENUE, SUITE 4600 W, DALLAS TX 75201
Michael Schulhof director

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