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Next Fuel (Next Fuel) ROE % : -253.67% (As of Mar. 2015)


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What is Next Fuel ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Next Fuel's annualized net income for the quarter that ended in Mar. 2015 was $-1.85 Mil. Next Fuel's average Total Stockholders Equity over the quarter that ended in Mar. 2015 was $0.73 Mil. Therefore, Next Fuel's annualized ROE % for the quarter that ended in Mar. 2015 was -253.67%.

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

NXFI's ROE % is not ranked *
in the Utilities - Regulated industry.
Industry Median: 8.77
* Ranked among companies with meaningful ROE % only.

Next Fuel ROE % Historical Data

The historical data trend for Next Fuel'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.

Next Fuel ROE % Chart

Next Fuel Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14
ROE %
Get a 7-Day Free Trial - -2,309.11 -92.06 -130.93 -614.77

Next Fuel Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 -1,016.14 -17,672.73 -1,184.53 -234.34 -253.67

Competitive Comparison of Next Fuel's ROE %

For the Utilities - Regulated Gas subindustry, Next Fuel'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.


Next Fuel's ROE % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Next Fuel's ROE % distribution charts can be found below:

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



Next Fuel ROE % Calculation

Next Fuel's annualized ROE % for the fiscal year that ended in Sep. 2014 is calculated as

ROE %=Net Income (A: Sep. 2014 )/( (Total Stockholders Equity (A: Sep. 2013 )+Total Stockholders Equity (A: Sep. 2014 ))/ count )
=-4.494/( (1.063+0.399)/ 2 )
=-4.494/0.731
=-614.77 %

Next Fuel's annualized ROE % for the quarter that ended in Mar. 2015 is calculated as

ROE %=Net Income (Q: Mar. 2015 )/( (Total Stockholders Equity (Q: Dec. 2014 )+Total Stockholders Equity (Q: Mar. 2015 ))/ count )
=-1.848/( (0.789+0.668)/ 2 )
=-1.848/0.7285
=-253.67 %

* 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. 2015) net income data. ROE % is displayed in the 30-year financial page.


Next Fuel  (GREY:NXFI) 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. 2015 )
=Net Income/Total Stockholders Equity
=-1.848/0.7285
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.848 / 0)*(0 / 1.0865)*(1.0865 / 0.7285)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.4914
=ROA %*Equity Multiplier
=N/A %*1.4914
=-253.67 %

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. 2015 )
=Net Income/Total Stockholders Equity
=-1.848/0.7285
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.848 / -1.848) * (-1.848 / -1.832) * (-1.832 / 0) * (0 / 1.0865) * (1.0865 / 0.7285)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.0087 * N/A % * 0 * 1.4914
=-253.67 %

Note: The net income data used here is four times the quarterly (Mar. 2015) net income data. The Revenue data used here is four times the quarterly (Mar. 2015) 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.


Next Fuel ROE % Related Terms

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


Next Fuel (Next Fuel) Business Description

Traded in Other Exchanges
N/A
Address
821 Frank Street, Sheridan, WY, USA, 82801
Next Fuel Inc is a United States-based technology provider and service company. It assists owners of oil and natural gas production resources to increase the efficiency of their operations by providing technology and technical support services. The firm is focused on treating produced water and frac flow-backwaters in the oil and gas industry and thus is engaged in marketing and implementation of the Integra Disc Filter system. The Integra Disc Filtration System is a water treatment technology that is designed to remove concentrations of suspended solids from the industrial water streams. The company's target markets include power plants, tomato packing plants, PVC pipe manufacturers, oil and gas companies, computer chip manufacturers, and breweries.

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