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Aemetis (Aemetis) ROE % : 0.00% (As of Dec. 2023)


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What is Aemetis ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Aemetis's annualized net income for the quarter that ended in Dec. 2023 was $-101.8 Mil. Aemetis's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $-208.5 Mil. Therefore, Aemetis's annualized ROE % for the quarter that ended in Dec. 2023 was N/A%.

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

During the past 13 years, Aemetis's highest ROE % was Negative Equity%. The lowest was 0.00%. And the median was Negative Equity%.

AMTX's ROE % is not ranked *
in the Oil & Gas industry.
Industry Median: 7.73
* Ranked among companies with meaningful ROE % only.

Aemetis ROE % Historical Data

The historical data trend for Aemetis'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.

Aemetis ROE % Chart

Aemetis Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
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Aemetis Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -

Competitive Comparison of Aemetis's ROE %

For the Oil & Gas Refining & Marketing subindustry, Aemetis'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.


Aemetis's ROE % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Aemetis's ROE % distribution charts can be found below:

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



Aemetis ROE % Calculation

Aemetis'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 )
=-46.42/( (-201.854+-216.977)/ 2 )
=-46.42/-209.4155
=N/A %

Aemetis's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-101.768/( (-199.992+-216.977)/ 2 )
=-101.768/-208.4845
=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. 2023) 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.


Aemetis  (NAS:AMTX) 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. 2023 )
=Net Income/Total Stockholders Equity
=-101.768/-208.4845
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-101.768 / 283.056)*(283.056 / 260.4225)*(260.4225 / -208.4845)
=Net Margin %*Asset Turnover*Equity Multiplier
=-35.95 %*1.0869*N/A
=ROA %*Equity Multiplier
=-39.07 %*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. 2023 )
=Net Income/Total Stockholders Equity
=-101.768/-208.4845
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-101.768 / -98.752) * (-98.752 / -35.836) * (-35.836 / 283.056) * (283.056 / 260.4225) * (260.4225 / -208.4845)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0305 * 2.7557 * -12.66 % * 1.0869 * N/A
=N/A %

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


Aemetis ROE % Related Terms

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


Aemetis (Aemetis) Business Description

Traded in Other Exchanges
Address
20400 Stevens Creek Boulevard, Suite 700, Cupertino, CA, USA, 95014
Aemetis Inc is an international renewable fuel and biochemicals company focused on the production of renewable fuels and chemicals through the acquisition, development and commercialization of technologies that replace traditional petroleum-based products through the conversion of first-generation ethanol and biodiesel plants into advanced biorefineries. It owns and operates an approximately 65 million gallon per year ethanol production facility located in Keyes, California. In addition to low carbon renewable fuel ethanol, the Keyes Plant produces Wet Distillers Grains, Distillers Corn Oil, and Condensed Distillers Solubles, all of which are sold to local dairies and feedlots as animal feed. It operates in the reportable geographic segments of North America and India.
Executives
Naomi Louise Boness director 9 GOLD POPPY CT, DANVILLE CA 94526
James Michael Rockett officer: EVP, GC, and Corp. Sec'y 20400 STEVENS CREEK BLVD, CUPERTINO CA 95014
Timothy Alan Simon director 788 JAMESTOWN AVENUE, SAN FRANCISCO CA 94124
Andrew B Foster officer: Exec. Vice President
Francis P Barton director C/O INVENTERGY GLOBAL, INC., 900 E. HAMILTON AVENUE, SUITE 180, CAMPBELL CA 95008
John R Block director ONE JOHN DEERE PLACE, MOLINE IL 61265
Sanjeev Gupta officer: Executive Vice President 115 MAGNOLIA POND PLACE, WOODLANDS TX 77381
Todd Waltz officer: EVP and CFO P O BOX 1445, CUPERTINO CA 95015
Lydia I Beebe director 13403 NORTHWEST FREEWAY, HOUSTON TX 77040
Laird Q Cagan director, 10 percent owner 20400 STEVENS CREEK BLVD., STE 700, CUPERTINO CA 95014
Eric A Mcafee director, 10 percent owner, officer: Chairman/CEO
Steven W. Hutcheson director 20400 STEVENS CREEK BLVD.,, SUITE 700, CUPERTINO CA 95014
Harold Sorgenti director 237 S. 18TH STREET, APT 4A, PHILADELPHIA PA 19103
Scott Janssen officer: Chief Financial Officer 20400 STEVENS CREEK BLVD., SUITE 700, CUPERTINO CA 95014
Parkash P Ahuja officer: Chief Operating Officer 770 JORDAN AVE, LOS ALTOS CA 94022