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VPC Impact Acquisition Holdings II (VPC Impact Acquisition Holdings II) ROE % : 12.98% (As of Sep. 2022)


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What is VPC Impact Acquisition Holdings II ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. VPC Impact Acquisition Holdings II's annualized net income for the quarter that ended in Sep. 2022 was $31.71 Mil. VPC Impact Acquisition Holdings II's average Total Stockholders Equity over the quarter that ended in Sep. 2022 was $244.26 Mil. Therefore, VPC Impact Acquisition Holdings II's annualized ROE % for the quarter that ended in Sep. 2022 was 12.98%.

The historical rank and industry rank for VPC Impact Acquisition Holdings II's ROE % or its related term are showing as below:

VPCBU' s ROE % Range Over the Past 10 Years
Min: -0.68   Med: -0.68   Max: 8.2
Current: 8.2

During the past 1 years, VPC Impact Acquisition Holdings II's highest ROE % was 8.20%. The lowest was -0.68%. And the median was -0.68%.

VPCBU's ROE % is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.38 vs VPCBU: 8.20

VPC Impact Acquisition Holdings II ROE % Historical Data

The historical data trend for VPC Impact Acquisition Holdings II'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.

VPC Impact Acquisition Holdings II ROE % Chart

VPC Impact Acquisition Holdings II Annual Data
Trend Dec21
ROE %
-0.68

VPC Impact Acquisition Holdings II Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROE % Get a 7-Day Free Trial -2.88 1.87 13.06 4.68 12.98

Competitive Comparison of VPC Impact Acquisition Holdings II's ROE %

For the Shell Companies subindustry, VPC Impact Acquisition Holdings II'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.


VPC Impact Acquisition Holdings II's ROE % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, VPC Impact Acquisition Holdings II's ROE % distribution charts can be found below:

* The bar in red indicates where VPC Impact Acquisition Holdings II's ROE % falls into.



VPC Impact Acquisition Holdings II ROE % Calculation

VPC Impact Acquisition Holdings II's annualized ROE % for the fiscal year that ended in Dec. 2021 is calculated as

ROE %=Net Income (A: Dec. 2021 )/( (Total Stockholders Equity (A: . 20 )+Total Stockholders Equity (A: Dec. 2021 ))/ count )
=/( (+)/ )
=/
= %

VPC Impact Acquisition Holdings II's annualized ROE % for the quarter that ended in Sep. 2022 is calculated as

ROE %=Net Income (Q: Sep. 2022 )/( (Total Stockholders Equity (Q: Jun. 2022 )+Total Stockholders Equity (Q: Sep. 2022 ))/ count )
=31.708/( (240.297+248.224)/ 2 )
=31.708/244.2605
=12.98 %

* 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 (Sep. 2022) net income data. ROE % is displayed in the 30-year financial page.


VPC Impact Acquisition Holdings II  (NAS:VPCBU) 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: Sep. 2022 )
=Net Income/Total Stockholders Equity
=31.708/244.2605
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(31.708 / 0)*(0 / 259.1675)*(259.1675 / 244.2605)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.061
=ROA %*Equity Multiplier
=N/A %*1.061
=12.98 %

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: Sep. 2022 )
=Net Income/Total Stockholders Equity
=31.708/244.2605
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (31.708 / 31.708) * (31.708 / -1.164) * (-1.164 / 0) * (0 / 259.1675) * (259.1675 / 244.2605)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * -27.2405 * N/A % * 0 * 1.061
=12.98 %

Note: The net income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.


VPC Impact Acquisition Holdings II ROE % Related Terms

Thank you for viewing the detailed overview of VPC Impact Acquisition Holdings II's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


VPC Impact Acquisition Holdings II (VPC Impact Acquisition Holdings II) Business Description

Traded in Other Exchanges
N/A
Address
150 North Riverside Plaza, Suite 5200, Chicago, IL, USA, 60606
VPC Impact Acquisition Holdings II is a blank check company.
Executives
Joseph I Lieberman director C/O PARK HOTELS & RESORTS INC., 1775 TYSONS BLVD., 7TH FLOOR, TYSONS VA 22102
Adrienne Harris director 150 NORTH RIVERSIDE PLAZA, SUITE 5200, CHICAGO IL 60606
Richard N Levy 10 percent owner 227 WEST MONROE STREET, SUITE 3900, CHICAGO IL 60606
Kai Schmitz director 150 NORTH RIVERSIDE PLAZA, SUITE 5200, CHICAGO IL 60606
John Gerard Martin director, officer: See Remarks 513 S. WASHINGTON STREET, HINSDALE IL 60521
Gordon Watson officer: Co-Chief Executive Officer 150 NORTH RIVERSIDE PLAZA, SUITE 5200, CHICAGO IL 60606
Brendan Carroll director, officer: Co-Chief Executive Officer C/O VICTORY PARK CAPITAL ADVISORS, LLC, 227 W. MONROE STREET, SUITE 3900, CHICAGO IL 60606
Carly Altieri officer: Chief Financial Officer C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Vpc Impact Acquisition Holdings Sponsor Ii, Llc director, 10 percent owner, other: See Remarks 150 NORTH RIVERSIDE PLAZA, SUITE 5200, CHICAGO IL 60606