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Aether Global Innovations (STU:4XA0) ROE % : -335.45% (As of Aug. 2023)


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What is Aether Global Innovations ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Aether Global Innovations's annualized net income for the quarter that ended in Aug. 2023 was €-1.16 Mil. Aether Global Innovations's average Total Stockholders Equity over the quarter that ended in Aug. 2023 was €0.35 Mil. Therefore, Aether Global Innovations's annualized ROE % for the quarter that ended in Aug. 2023 was -335.45%.

The historical rank and industry rank for Aether Global Innovations's ROE % or its related term are showing as below:

STU:4XA0's ROE % is not ranked *
in the Business Services industry.
Industry Median: 8.405
* Ranked among companies with meaningful ROE % only.

Aether Global Innovations ROE % Historical Data

The historical data trend for Aether Global Innovations'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.

Aether Global Innovations ROE % Chart

Aether Global Innovations Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -42.88 -202.72 -1,495.65 -1,572.79 -

Aether Global Innovations Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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 - - - Negative Equity -335.45

Competitive Comparison of Aether Global Innovations's ROE %

For the Security & Protection Services subindustry, Aether Global Innovations'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.


Aether Global Innovations's ROE % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Aether Global Innovations's ROE % distribution charts can be found below:

* The bar in red indicates where Aether Global Innovations's ROE % falls into.



Aether Global Innovations ROE % Calculation

Aether Global Innovations's annualized ROE % for the fiscal year that ended in Nov. 2022 is calculated as

ROE %=Net Income (A: Nov. 2022 )/( (Total Stockholders Equity (A: Nov. 2021 )+Total Stockholders Equity (A: Nov. 2022 ))/ count )
=-1.945/( (0.539+-1.421)/ 2 )
=-1.945/-0.441
=N/A %

Aether Global Innovations's annualized ROE % for the quarter that ended in Aug. 2023 is calculated as

ROE %=Net Income (Q: Aug. 2023 )/( (Total Stockholders Equity (Q: May. 2023 )+Total Stockholders Equity (Q: Aug. 2023 ))/ count )
=-1.164/( (0.289+0.405)/ 2 )
=-1.164/0.347
=-335.45 %

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


Aether Global Innovations  (STU:4XA0) 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: Aug. 2023 )
=Net Income/Total Stockholders Equity
=-1.164/0.347
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.164 / 0)*(0 / 0.5)*(0.5 / 0.347)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.4409
=ROA %*Equity Multiplier
=N/A %*1.4409
=-335.45 %

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: Aug. 2023 )
=Net Income/Total Stockholders Equity
=-1.164/0.347
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.164 / -1.164) * (-1.164 / -1.16) * (-1.16 / 0) * (0 / 0.5) * (0.5 / 0.347)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.0034 * N/A % * 0 * 1.4409
=-335.45 %

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


Aether Global Innovations ROE % Related Terms

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Aether Global Innovations (STU:4XA0) Business Description

Traded in Other Exchanges
Address
1199 W Hastings Street, Suite 700, Vancouver, BC, CAN, V6E 3T5
Aether Global Innovations Corp is an innovative UAV drone management and operations services company that focuses in three areas for critical infrastructure and large public and private facilities. These three areas include drone management and surveillance monitoring, automation and integration for flight planning, new sensor payloads, stand-alone power source and drone base station infrastructure and technology for autonomous self-landing, power charging, and take off.

Aether Global Innovations (STU:4XA0) Headlines

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