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Spectra7 Microsystems (TSXV:SEV) ROE % : 0.00% (As of Mar. 2024)


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What is Spectra7 Microsystems ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Spectra7 Microsystems's annualized net income for the quarter that ended in Mar. 2024 was C$-12.14 Mil. Spectra7 Microsystems's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was C$-3.77 Mil. Therefore, Spectra7 Microsystems's annualized ROE % for the quarter that ended in Mar. 2024 was N/A%.

The historical rank and industry rank for Spectra7 Microsystems's ROE % or its related term are showing as below:

TSXV:SEV' s ROE % Range Over the Past 10 Years
Min: -1047.59   Med: -187.63   Max: -125.3
Current: -1047.59

During the past 13 years, Spectra7 Microsystems's highest ROE % was -125.30%. The lowest was -1,047.59%. And the median was -187.63%.

TSXV:SEV's ROE % is ranked worse than
99.69% of 978 companies
in the Semiconductors industry
Industry Median: 4.425 vs TSXV:SEV: -1047.59

Spectra7 Microsystems ROE % Historical Data

The historical data trend for Spectra7 Microsystems'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.

Spectra7 Microsystems ROE % Chart

Spectra7 Microsystems 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 - - - -358.44 -

Spectra7 Microsystems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -194.49 -142.85 -198.61 -2,830.81 -

Competitive Comparison of Spectra7 Microsystems's ROE %

For the Semiconductor Equipment & Materials subindustry, Spectra7 Microsystems'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.


Spectra7 Microsystems's ROE % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Spectra7 Microsystems's ROE % distribution charts can be found below:

* The bar in red indicates where Spectra7 Microsystems's ROE % falls into.



Spectra7 Microsystems ROE % Calculation

Spectra7 Microsystems'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 )
=-10.973/( (0.787+-2.4)/ 2 )
=-10.973/-0.8065
=N/A %

Spectra7 Microsystems's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-12.14/( (-2.4+-5.134)/ 2 )
=-12.14/-3.767
=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 (Mar. 2024) 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.


Spectra7 Microsystems  (TSXV:SEV) 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. 2024 )
=Net Income/Total Stockholders Equity
=-12.14/-3.767
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-12.14 / 4.42)*(4.42 / 10.613)*(10.613 / -3.767)
=Net Margin %*Asset Turnover*Equity Multiplier
=-274.66 %*0.4165*N/A
=ROA %*Equity Multiplier
=-114.4 %*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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-12.14/-3.767
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-12.14 / -12.14) * (-12.14 / -10.356) * (-10.356 / 4.42) * (4.42 / 10.613) * (10.613 / -3.767)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.1723 * -234.3 % * 0.4165 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


Spectra7 Microsystems ROE % Related Terms

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Spectra7 Microsystems (TSXV:SEV) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9
Spectra7 Microsystems Inc is a high-performance analog semiconductor company delivering unprecedented bandwidth, speed, and resolution to enable disruptive industrial design for electronics manufacturers in virtual reality, augmented reality, mixed reality, data centers, and other connectivity markets.
Executives
Ebrahim Hani Abunasrah Deemed Insider - 6 Months before becoming Insider
Raouf Youssef Halim Director, Senior Officer
Andrew Kim Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Darren Ma Senior Officer