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Lindblad Expeditions Holdings (Lindblad Expeditions Holdings) ROE % : 0.00% (As of Mar. 2024)


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What is Lindblad Expeditions Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Lindblad Expeditions Holdings's annualized net income for the quarter that ended in Mar. 2024 was $-15.9 Mil. Lindblad Expeditions Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $-152.2 Mil. Therefore, Lindblad Expeditions Holdings's annualized ROE % for the quarter that ended in Mar. 2024 was N/A%.

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

During the past 13 years, Lindblad Expeditions Holdings's highest ROE % was 13.67%. The lowest was -192.11%. And the median was 1.88%.

LIND's ROE % is not ranked *
in the Travel & Leisure industry.
Industry Median: 5.99
* Ranked among companies with meaningful ROE % only.

Lindblad Expeditions Holdings ROE % Historical Data

The historical data trend for Lindblad Expeditions Holdings'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.

Lindblad Expeditions Holdings ROE % Chart

Lindblad Expeditions Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.67 -81.59 -192.11 - -

Lindblad Expeditions Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - Negative Equity - -

Competitive Comparison of Lindblad Expeditions Holdings's ROE %

For the Travel Services subindustry, Lindblad Expeditions Holdings'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.


Lindblad Expeditions Holdings's ROE % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lindblad Expeditions Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Lindblad Expeditions Holdings's ROE % falls into.



Lindblad Expeditions Holdings ROE % Calculation

Lindblad Expeditions Holdings'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 )
=-45.61/( (-113.532+-151.55)/ 2 )
=-45.61/-132.541
=N/A %

Lindblad Expeditions Holdings's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-15.916/( (-151.55+-152.75)/ 2 )
=-15.916/-152.15
=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 (Mar. 2024) 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.


Lindblad Expeditions Holdings  (NAS:LIND) 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. 2024 )
=Net Income/Total Stockholders Equity
=-15.916/-152.15
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-15.916 / 614.456)*(614.456 / 849.6675)*(849.6675 / -152.15)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.59 %*0.7232*N/A
=ROA %*Equity Multiplier
=-1.87 %*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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-15.916/-152.15
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-15.916 / -15.864) * (-15.864 / 31.4) * (31.4 / 614.456) * (614.456 / 849.6675) * (849.6675 / -152.15)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0033 * -0.5052 * 5.11 % * 0.7232 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


Lindblad Expeditions Holdings ROE % Related Terms

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


Lindblad Expeditions Holdings (Lindblad Expeditions Holdings) Business Description

Traded in Other Exchanges
Address
96 Morton Street, 9th Floor, New York, NY, USA, 10014
Lindblad Expeditions Holdings Inc provides expedition cruising and adventure travel services. The company operates in two segments: Lindblad and Land Experiences, of which Lindblad generates the vast majority of its revenue. It offers itineraries that feature up-close encounters with wildlife, nature, history, and culture, as well as promote guest empowerment and interactivity. The company operates expeditions on intimately-scaled ships and interaction between guests, crew, and the teams of scientists, naturalists, researchers, and photographers that participate in the expeditions. Lindblad operates a fleet of nine owned expedition ships and five seasonal charter vessels under the Lindblad brand.
Executives
Alex P Schultz director C/O LINDBLAD EXPEDITIONS HOLDING, INC., 96 MORTON STREET, 9TH FLOOR, NEW YORK NY 10014
Smith, Jr. Thomas S. director 2 PENN PLAZA, NEW YORK NY 10121
Fahey John M Jr director C/O NATINAL GEOGRAPHIC, 1146 17TH STREET NW, WASHINTON DC 20036
Catherine B Reynolds director PO BOX 9870, MCLEAN VA 22102
L. Dyson Dryden director 305 WEST PENNSYLVANIA AVENUE, TOWSON MD 21204
Michael Elliott Bisnow director C/O LINDBLAD EXPEDITIONS HOLDING, INC., 96 MORTON STREET, 9TH FLOOR, NEW YORK NY 10014
Sven-olof Lindblad director, 10 percent owner 96 MORTON STREET, 9TH FLOOR, NEW YORK NY 10014
Bernard W Aronson director
Mark Ein director
Noah Brodsky officer: Chief Commercial Officer C/O WYNDHAM WORLDWIDE CORPORATION, 22 SYLVAN WAY, PARSIPPANY NJ 07054
Dolf A Berle director, officer: CEO 2481 MANANA DRIVE, DALLAS TX 75220
Benjamin Bressler officer: President of Natural Habitat 833 WEST SOUTH BOULDER ROAD, BLDG G, LOUISVILLE CO 80027-2452
Trey Byus officer: Chief Expedition Officer 96 MORTON STREET, 9TH FLOOR, NEW YORK NY 10014
Craig Felenstein officer: Chief Financial Officer 96 MORTON STREET, 9TH FLOOR, NEW YORK NY 10014
David Goodman officer: Chief Commercial and Marketing 1334 YORK AVENUE, NEW YORK X1 10021