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Consolidated Gems (Consolidated Gems) ROE % : 0.00% (As of Dec. 2016)


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What is Consolidated Gems ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Consolidated Gems's annualized net income for the quarter that ended in Dec. 2016 was $-0.22 Mil. Consolidated Gems's average Total Stockholders Equity over the quarter that ended in Dec. 2016 was $-0.40 Mil. Therefore, Consolidated Gems's annualized ROE % for the quarter that ended in Dec. 2016 was N/A%.

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

CGEM's ROE % is not ranked *
in the Metals & Mining industry.
Industry Median: -16.02
* Ranked among companies with meaningful ROE % only.

Consolidated Gems ROE % Historical Data

The historical data trend for Consolidated Gems'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.

Consolidated Gems ROE % Chart

Consolidated Gems Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
ROE %
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Consolidated Gems Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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Competitive Comparison of Consolidated Gems's ROE %

For the Other Industrial Metals & Mining subindustry, Consolidated Gems'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.


Consolidated Gems's ROE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Consolidated Gems's ROE % distribution charts can be found below:

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



Consolidated Gems ROE % Calculation

Consolidated Gems's annualized ROE % for the fiscal year that ended in Dec. 2016 is calculated as

ROE %=Net Income (A: Dec. 2016 )/( (Total Stockholders Equity (A: Dec. 2015 )+Total Stockholders Equity (A: Dec. 2016 ))/ count )
=-0.233/( (-0.902+-0.422)/ 2 )
=-0.233/-0.662
=N/A %

Consolidated Gems's annualized ROE % for the quarter that ended in Dec. 2016 is calculated as

ROE %=Net Income (Q: Dec. 2016 )/( (Total Stockholders Equity (Q: Sep. 2016 )+Total Stockholders Equity (Q: Dec. 2016 ))/ count )
=-0.216/( (-0.381+-0.422)/ 2 )
=-0.216/-0.4015
=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. 2016) 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.


Consolidated Gems  (GREY:CGEM) 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. 2016 )
=Net Income/Total Stockholders Equity
=-0.216/-0.4015
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.216 / 0)*(0 / 0.002)*(0.002 / -0.4015)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*N/A
=ROA %*Equity Multiplier
=N/A %*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. 2016 )
=Net Income/Total Stockholders Equity
=-0.216/-0.4015
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.216 / -0.216) * (-0.216 / -0.548) * (-0.548 / 0) * (0 / 0.002) * (0.002 / -0.4015)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.3942 * N/A % * 0 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Dec. 2016) net income data. The Revenue data used here is four times the quarterly (Dec. 2016) 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.


Consolidated Gems ROE % Related Terms

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Consolidated Gems (Consolidated Gems) Business Description

Traded in Other Exchanges
N/A
Address
42 Moray Street Southbank, Level 1A, Melbourne, VIC, AUS, 3004
Website
Consolidated Gems Inc is a US-based development stage company, which operates as exploration and mining company. It focuses on evaluating various gem related projects in order to generate value for shareholders and was assessing several gem opportunities. The company plans to look for opportunities in the resources industry. It holds exploration on the gem tenement in New South Wales, Australia and further, it has decided to relinquish the exploration license.