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Gamesquare Esports (XCNQ:GSQ) ROE % : -120.95% (As of Sep. 2022)


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What is Gamesquare Esports ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Gamesquare Esports's annualized net income for the quarter that ended in Sep. 2022 was C$-22.31 Mil. Gamesquare Esports's average Total Stockholders Equity over the quarter that ended in Sep. 2022 was C$18.45 Mil. Therefore, Gamesquare Esports's annualized ROE % for the quarter that ended in Sep. 2022 was -120.95%.

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

XCNQ:GSQ' s ROE % Range Over the Past 10 Years
Min: -215.38   Med: -37.24   Max: 541.45
Current: -75.68

During the past 13 years, Gamesquare Esports's highest ROE % was 541.45%. The lowest was -215.38%. And the median was -37.24%.

XCNQ:GSQ's ROE % is not ranked
in the Media - Diversified industry.
Industry Median: 2.62 vs XCNQ:GSQ: -75.68

Gamesquare Esports ROE % Historical Data

The historical data trend for Gamesquare Esports'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.

Gamesquare Esports ROE % Chart

Gamesquare Esports Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 541.45 -28.56 -45.76 -37.24 -36.48

Gamesquare Esports Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Feb21 May21 Aug21 Mar22 Jun22 Sep22
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 -589.64 -201.92 -70.29 -71.06 -120.95

Competitive Comparison of Gamesquare Esports's ROE %

For the Entertainment subindustry, Gamesquare Esports'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.


Gamesquare Esports's ROE % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Gamesquare Esports's ROE % distribution charts can be found below:

* The bar in red indicates where Gamesquare Esports's ROE % falls into.



Gamesquare Esports ROE % Calculation

Gamesquare Esports's annualized ROE % for the fiscal year that ended in Dec. 2019 is calculated as

ROE %=Net Income (A: Dec. 2019 )/( (Total Stockholders Equity (A: Dec. 2018 )+Total Stockholders Equity (A: Dec. 2019 ))/ count )
=-1.042/( (3.332+2.381)/ 2 )
=-1.042/2.8565
=-36.48 %

Gamesquare Esports'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 )
=-22.312/( (18.255+18.639)/ 2 )
=-22.312/18.447
=-120.95 %

* 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.


Gamesquare Esports  (XCNQ:GSQ) 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
=-22.312/18.447
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-22.312 / 54.064)*(54.064 / 30.3355)*(30.3355 / 18.447)
=Net Margin %*Asset Turnover*Equity Multiplier
=-41.27 %*1.7822*1.6445
=ROA %*Equity Multiplier
=-73.55 %*1.6445
=-120.95 %

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
=-22.312/18.447
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-22.312 / -22.408) * (-22.408 / -21.86) * (-21.86 / 54.064) * (54.064 / 30.3355) * (30.3355 / 18.447)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9957 * 1.0251 * -40.43 % * 1.7822 * 1.6445
=-120.95 %

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.


Gamesquare Esports ROE % Related Terms

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Gamesquare Esports (XCNQ:GSQ) Business Description

Traded in Other Exchanges
N/A
Address
150 York Street, Suite 1008, Toronto, ON, CAN, M5H 3S5
Gamesquare Esports Inc is an international esports company. It is seeking to acquire additional assets and entities serving the esports market and, more broadly, in sports and entertainment. The company's acquisition of Code Red, an esports talent agency, provided an initial foothold in Europe through its UK operations.The business is comprised of two operating segments: teams and agency services. The company's teams segment represents its esports teams, which generate revenue through sponsorship, prize, and player-related revenue. The company's agencies generate revenue through talent management, influencer promotional fees, and consulting.

Gamesquare Esports (XCNQ:GSQ) Headlines

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