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Koil Energy Solutions (Koil Energy Solutions) ROE % : -58.24% (As of Dec. 2023)


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What is Koil Energy Solutions ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Koil Energy Solutions's annualized net income for the quarter that ended in Dec. 2023 was $-3.52 Mil. Koil Energy Solutions's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $6.05 Mil. Therefore, Koil Energy Solutions's annualized ROE % for the quarter that ended in Dec. 2023 was -58.24%.

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

KLNG' s ROE % Range Over the Past 10 Years
Min: -54.42   Med: -19.3   Max: 25.6
Current: -23.64

During the past 13 years, Koil Energy Solutions's highest ROE % was 25.60%. The lowest was -54.42%. And the median was -19.30%.

KLNG's ROE % is ranked worse than
85.74% of 1017 companies
in the Oil & Gas industry
Industry Median: 7.36 vs KLNG: -23.64

Koil Energy Solutions ROE % Historical Data

The historical data trend for Koil Energy Solutions'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.

Koil Energy Solutions ROE % Chart

Koil Energy Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.63 -54.42 25.60 -33.69 -24.42

Koil Energy Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -65.31 -5.49 -25.37 -8.73 -58.24

Competitive Comparison of Koil Energy Solutions's ROE %

For the Oil & Gas Equipment & Services subindustry, Koil Energy Solutions'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.


Koil Energy Solutions's ROE % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Koil Energy Solutions's ROE % distribution charts can be found below:

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



Koil Energy Solutions ROE % Calculation

Koil Energy Solutions's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-1.554/( (7.108+5.618)/ 2 )
=-1.554/6.363
=-24.42 %

Koil Energy Solutions's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-3.524/( (6.484+5.618)/ 2 )
=-3.524/6.051
=-58.24 %

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


Koil Energy Solutions  (OTCPK:KLNG) 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. 2023 )
=Net Income/Total Stockholders Equity
=-3.524/6.051
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.524 / 16.02)*(16.02 / 17.2405)*(17.2405 / 6.051)
=Net Margin %*Asset Turnover*Equity Multiplier
=-22 %*0.9292*2.8492
=ROA %*Equity Multiplier
=-20.44 %*2.8492
=-58.24 %

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. 2023 )
=Net Income/Total Stockholders Equity
=-3.524/6.051
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-3.524 / -3.536) * (-3.536 / -3.548) * (-3.548 / 16.02) * (16.02 / 17.2405) * (17.2405 / 6.051)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9966 * 0.9966 * -22.15 % * 0.9292 * 2.8492
=-58.24 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Koil Energy Solutions ROE % Related Terms

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


Koil Energy Solutions (Koil Energy Solutions) Business Description

Traded in Other Exchanges
N/A
Address
1310 Rankin Road, Houston, TX, USA, 77073
Koil Energy Solutions Inc is an energy services company that provides equipment and support services to the world's energy and offshore industries. Its core services and technological solutions include distribution system installation support and engineering services, umbilical terminations, loose-tube steel flying leads, and related services. Additionally, its team can support subsea engineering, manufacturing, installation, commissioning, and maintenance projects. Its products include Buoyancy Solutions, Flying Leads, Storage, and Transportation, Subsea Fluid and Power Distribution, and Umbilical Termination Solutions.
Executives
Trevor L Ashurst officer: Vice President of Finance 18511 BEAUMONT HIGHWAY, HOUSTON TX 77049
Ronald Eric Smith director, 10 percent owner, officer: President, CEO and Director 3020 SOUTH ISLAND DRIVE, SEABROOK TX 77586
Micah Thomas Simmons officer: Chief Operating Officer 18511 BEAUMONT HIGHWAY, HOUSTON TX 77049
Neal I Goldman director 170 SOUTHPORT DRIVE, MORRISVILLE NC 27560
David J. Douglas director, 10 percent owner 3889 MAPLE AVE., 6TH FLOOR, DALLAS TX 75219
Charles K Njuguna officer: CHIEF FINANCIAL OFFICER PO BOX 1389, CROSBY TX 77532
Eugene L Butler director, officer: Chief Financial Officer PO BOX 12818, HOUSTON TX 77217
Wellington Trust Company, National Association Multiple Common Trust Funds Trust, Micro Cap Equity Portfolio 10 percent owner C/O WELLINGTON TRUST COMPANY, NA, 280 CONGRESS STREET, BOSTON MA 02210
Mary Lynne Budrunas director, 10 percent owner, officer: Secretary & Director 3020 SOUTH ISLAND DRIVE, SEABROOK TX 77586
Mark Carden director 18511 BEAUMONT HIGHWAY, HOUSTON TX 77049
Randolph W Warner director 8827 W. SAM HOUSTON PKWY N, #100, HOUSTON TX 77040
Perlus Microcap Fund L.p. 10 percent owner CRICKET SQUARE, HUTCHINS DRIVE, P.O. BOX 268, GRAND CAYMAN E9 KY1-1111
Ira Selya officer: Corporate Controller 8827 W SAM HOUSTON PKWY N, STE 100, HOUSTON TX 77040
Gay Stanley Mayeux officer: VP and CFO 8827 W. SAM HOUSTON PKWY N., STE 100, HOUSTON TX 77040
Mark R Hollinger director 8827 W. SAM HOUSTON PKWY N, STE 100, HOUSTON TX 77040