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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Speed Commerce's annualized net income for the quarter that ended in Dec. 2015 was $-288.9 Mil. Speed Commerce's average Total Stockholders Equity over the quarter that ended in Dec. 2015 was $-50.7 Mil. Therefore, Speed Commerce's annualized ROE % for the quarter that ended in Dec. 2015 was N/A%.
The historical rank and industry rank for Speed Commerce's ROE % or its related term are showing as below:
The historical data trend for Speed Commerce'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.
Speed Commerce Annual Data | |||||||||||||||||||||
Trend | Mar06 | Mar07 | Mar08 | Mar09 | Mar10 | Mar11 | Mar12 | Mar13 | Mar14 | Mar15 | |||||||||||
ROE % | Get a 7-Day Free Trial | 16.70 | -60.71 | -25.23 | -50.56 | -196.48 |
Speed Commerce Quarterly Data | ||||||||||||||||||||
Mar11 | Jun11 | Sep11 | Dec11 | Mar12 | Jun12 | Sep12 | Dec12 | Mar13 | Jun13 | Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | |
ROE % | Get a 7-Day Free Trial | -84.93 | -603.16 | -90.14 | - | - |
For the Software - Application subindustry, Speed Commerce'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.
For the Software industry and Technology sector, Speed Commerce's ROE % distribution charts can be found below:
* The bar in red indicates where Speed Commerce's ROE % falls into.
Speed Commerce's annualized ROE % for the fiscal year that ended in Mar. 2015 is calculated as
ROE % | = | Net Income (A: Mar. 2015 ) | / | ( (Total Stockholders Equity (A: Mar. 2014 ) | + | Total Stockholders Equity (A: Mar. 2015 )) | / count ) |
= | -56.026 | / | ( (51.395 | + | 5.636) | / 2 ) | |
= | -56.026 | / | 28.5155 | ||||
= | -196.48 % |
Speed Commerce's annualized ROE % for the quarter that ended in Dec. 2015 is calculated as
ROE % | = | Net Income (Q: Dec. 2015 ) | / | ( (Total Stockholders Equity (Q: Sep. 2015 ) | + | Total Stockholders Equity (Q: Dec. 2015 )) | / count ) |
= | -288.916 | / | ( (-14.709 | + | -86.694) | / 2 ) | |
= | -288.916 | / | -50.7015 | ||||
= | 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. 2015) 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.
Speed Commerce (OTCPK:SPDC) 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. 2015 ) | ||||
= | Net Income | / | Total Stockholders Equity | ||
= | -288.916 | / | -50.7015 | ||
= | (Net Income / Revenue ) | * | (Revenue / Total Assets) | * | (Total Assets / Total Stockholders Equity) |
= | (-288.916 / 133.8) | * | (133.8 / 104.331) | * | (104.331 / -50.7015) |
= | Net Margin % | * | Asset Turnover | * | Equity Multiplier |
= | -215.93 % | * | 1.2825 | * | N/A |
= | ROA % | * | Equity Multiplier | ||
= | -276.93 % | * | 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. 2015 ) | ||||||||
= | Net Income | / | Total Stockholders Equity | ||||||
= | -288.916 | / | -50.7015 | ||||||
= | (Net Income / Pre-Tax Income) | * | (Pre-Tax Income / Operating Income) | * | (Operating Income / Revenue) | * | (Revenue / Total Assets) | * | (Total Assets / Total Stockholders Equity) |
= | (-288.916 / -289.504) | * | (-289.504 / -45.708) | * | (-45.708 / 133.8) | * | (133.8 / 104.331) | * | (104.331 / -50.7015) |
= | Tax Burden | * | Interest Burden | * | Operating Margin % | * | Asset Turnover | * | Equity Multiplier |
= | 0.998 | * | 6.3338 | * | -34.16 % | * | 1.2825 | * | N/A |
= | N/A % |
Note: The net income data used here is four times the quarterly (Dec. 2015) net income data. The Revenue data used here is four times the quarterly (Dec. 2015) 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.
Thank you for viewing the detailed overview of Speed Commerce's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Richard Willis | director, officer: President and CEO | 7400 49TH AVE. NORTH, NEW HOPE MN 55428 |
Bradley J. Shisler | director | 7400 49TH AVENUE NORTH, NEW HOPE MN 55428 |
Rebecca Lynn Atchison | director | 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729 |
Kathleen P Iverson | director | 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416 |
Steven R Becker | other: Member of a 13(d) 10% Group | 5525 NAKOMA DRIVE, DALLAS TX 75209 |
Northern Right Capital Management, L.p. | other: Member of a 13(d) 10% Group | 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820 |
Bc Advisors Llc | other: Member of a 13(d) 10% Group | 500 CRESCENT COURT, SUITE 230, DALLAS TX 75201 |
Becker Drapkin Partners, L.p. | other: Member of a 13(d) 10% Group | 500 CRESCENT COURT, SUITE 230, DALLAS TX 75201 |
Northern Right Capital (qp), L.p. | other: Member of a 13(d) 10% Group | 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820 |
Matthew A Drapkin | other: Member of a 13(d) 10% Group | 10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820 |
David Dalvey | director | C/O BLUE ROCK ADVISORS, INC., 80 SOUTH EIGHTH STREET SUITE 3915, MINNEAPOLIS MN 55402 |
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