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BSQUARE (BSQUARE) ROE % : -13.33% (As of Sep. 2023)


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What is BSQUARE ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. BSQUARE's annualized net income for the quarter that ended in Sep. 2023 was $-4.53 Mil. BSQUARE's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was $34.01 Mil. Therefore, BSQUARE's annualized ROE % for the quarter that ended in Sep. 2023 was -13.33%.

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

BSQR' s ROE % Range Over the Past 10 Years
Min: -65.49   Med: -14.97   Max: 18.61
Current: -7.66

During the past 13 years, BSQUARE's highest ROE % was 18.61%. The lowest was -65.49%. And the median was -14.97%.

BSQR's ROE % is not ranked
in the Software industry.
Industry Median: 3.17 vs BSQR: -7.66

BSQUARE ROE % Historical Data

The historical data trend for BSQUARE'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.

BSQUARE ROE % Chart

BSQUARE Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -55.20 -65.49 -20.51 -9.37 -10.35

BSQUARE Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -12.12 -13.54 -0.81 -2.99 -13.33

Competitive Comparison of BSQUARE's ROE %

For the Software - Application subindustry, BSQUARE'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.


BSQUARE's ROE % Distribution in the Software Industry

For the Software industry and Technology sector, BSQUARE's ROE % distribution charts can be found below:

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



BSQUARE ROE % Calculation

BSQUARE's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=-3.858/( (39.125+35.399)/ 2 )
=-3.858/37.262
=-10.35 %

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

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=-4.532/( (34.503+33.518)/ 2 )
=-4.532/34.0105
=-13.33 %

* 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. 2023) net income data. ROE % is displayed in the 30-year financial page.


BSQUARE  (NAS:BSQR) 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. 2023 )
=Net Income/Total Stockholders Equity
=-4.532/34.0105
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.532 / 37.168)*(37.168 / 39.951)*(39.951 / 34.0105)
=Net Margin %*Asset Turnover*Equity Multiplier
=-12.19 %*0.9303*1.1747
=ROA %*Equity Multiplier
=-11.34 %*1.1747
=-13.33 %

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. 2023 )
=Net Income/Total Stockholders Equity
=-4.532/34.0105
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-4.532 / -4.532) * (-4.532 / -6.208) * (-6.208 / 37.168) * (37.168 / 39.951) * (39.951 / 34.0105)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.73 * -16.7 % * 0.9303 * 1.1747
=-13.33 %

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


BSQUARE ROE % Related Terms

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


BSQUARE (BSQUARE) Business Description

Traded in Other Exchanges
N/A
Address
1415 Western Avenue, Suite 700, Seattle, WA, USA, 98101
BSQUARE Corp provides software solutions and related engineering services to businesses that develop, market, and sell standalone intelligent systems. Its business segments are Partner Solutions and Edge to Cloud. It focuses on a system that utilizes various Microsoft Windows Embedded operating systems as well as devices running other popular operating systems such as Android, Linux, and QNX. The company's customers include original equipment manufacturers, original design manufacturers, corporate enterprises, silicon vendors, and peripheral vendors. The group has a business presence and generates prime revenue from the Partner solutions segment.
Executives
Richard Alan Karp director 849-B INDEPENDENCE AVE, MOUNTAIN VIEW CA 94043
Bernee Dl Strom director 5500 LAKE WASHINGTON BLVD NE, UNIT 3B, KIRKLAND WA 98033
Ralph C Derrickson director, officer: President and CEO 1120 S CAPITAL OF TEXAS HIGHWAY, BLDG 3 SUITE 220, AUSTIN TX 78746
Davin Cushman director C/O BSQUARE CORPORATION, 110 110TH AVE NE SUITE 300, BELLEVUE WA 98004
Mary Jesse director 19301 SE 16TH STREET, SAMMAMISH WA 98075
Harries Andrew Stanley Guy director 6155 SOUTHLANDS PLACE, VANCOUVER A1 V6N 1M9
Robert J Chamberlain director 4017 56TH AVENUE SW, SEATTLE WA 98116
Christopher Wheaton officer: Chief Financial Officer C/O BSQUARE CORPORATION, 110 - 110TH AVE NE STE 300, BELLEVUE WA 98004
Palogic Value Fund, Lp other: Member of 10% Group 5310 HARVEST HILL ROAD, SUITE 110, DALLAS TX 75230
Palogic Value Management, L.p. other: Member of 10% Group 5310 HARVEST HILL ROAD, SUITE 110, DALLAS TX 75230
Palogic Capital Management, Llc other: Member of 10% Group 5310 HARVEST HILL ROAD, SUITE 110, DALLAS TX 75230
Ryan L. Vardeman director 5310 HARVEST HILL ROAD, SUITE 110, DALLAS TX 75230
Kevin T Walsh officer: Acting CEO C/O BSQUARE CORPORATION, 110 110TH AVE NE #300, BELLEVUE WA 98004
Robert James Peters director 110 110TH AVENUE NE, SUITE 300, BELLEVUE WA 98004
Giles Frith officer: Chief Operating Officer C/O BSQUARE CORPORATION, 110 110TH AVE NE STE 300, BELLEVUE WA 98004