GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Simba Essel Energy Inc (OTCPK:SMBZF) » Definitions » ROE %

Simba Essel Energy (Simba Essel Energy) ROE % : -4.98% (As of Mar. 2019)


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

What is Simba Essel Energy ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Simba Essel Energy's annualized net income for the quarter that ended in Mar. 2019 was $-0.21 Mil. Simba Essel Energy's average Total Stockholders Equity over the quarter that ended in Mar. 2019 was $4.18 Mil. Therefore, Simba Essel Energy's annualized ROE % for the quarter that ended in Mar. 2019 was -4.98%.

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

SMBZF's ROE % is not ranked *
in the Oil & Gas industry.
Industry Median: 6.7
* Ranked among companies with meaningful ROE % only.

Simba Essel Energy ROE % Historical Data

The historical data trend for Simba Essel 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.

Simba Essel Energy ROE % Chart

Simba Essel Energy Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.50 -32.84 -31.84 -14.51 -38.50

Simba Essel Energy Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 -3.61 -139.95 -3.40 -2.99 -4.98

Competitive Comparison of Simba Essel Energy's ROE %

For the Oil & Gas E&P subindustry, Simba Essel 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.


Simba Essel Energy's ROE % Distribution in the Oil & Gas Industry

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

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



Simba Essel Energy ROE % Calculation

Simba Essel Energy's annualized ROE % for the fiscal year that ended in Jun. 2018 is calculated as

ROE %=Net Income (A: Jun. 2018 )/( (Total Stockholders Equity (A: Jun. 2017 )+Total Stockholders Equity (A: Jun. 2018 ))/ count )
=-2.06/( (6.339+4.361)/ 2 )
=-2.06/5.35
=-38.50 %

Simba Essel Energy's annualized ROE % for the quarter that ended in Mar. 2019 is calculated as

ROE %=Net Income (Q: Mar. 2019 )/( (Total Stockholders Equity (Q: Dec. 2018 )+Total Stockholders Equity (Q: Mar. 2019 ))/ count )
=-0.208/( (4.193+4.162)/ 2 )
=-0.208/4.1775
=-4.98 %

* 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 (Mar. 2019) net income data. ROE % is displayed in the 30-year financial page.


Simba Essel Energy  (OTCPK:SMBZF) 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. 2019 )
=Net Income/Total Stockholders Equity
=-0.208/4.1775
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.208 / 0)*(0 / 6.221)*(6.221 / 4.1775)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.4892
=ROA %*Equity Multiplier
=N/A %*1.4892
=-4.98 %

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. 2019 )
=Net Income/Total Stockholders Equity
=-0.208/4.1775
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.208 / -0.208) * (-0.208 / -0.204) * (-0.204 / 0) * (0 / 6.221) * (6.221 / 4.1775)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.0196 * N/A % * 0 * 1.4892
=-4.98 %

Note: The net income data used here is four times the quarterly (Mar. 2019) net income data. The Revenue data used here is four times the quarterly (Mar. 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.


Simba Essel Energy ROE % Related Terms

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


Simba Essel Energy (Simba Essel Energy) Business Description

Traded in Other Exchanges
N/A
Address
905 West Pender Street, Suite 210, Vancouver, BC, CAN, V6C 1L6
Simba Essel Energy Inc is a Canadian exploration company. Its principal business activity includes the acquisition and exploration of resource properties. The company engages in the process of exploring its oil and gas properties.

Simba Essel Energy (Simba Essel Energy) Headlines

No Headlines