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Lionheart III (Lionheart III) ROE % : -6.18% (As of Sep. 2022)


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What is Lionheart III ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Lionheart III's annualized net income for the quarter that ended in Sep. 2022 was $-7.48 Mil. Lionheart III's average Total Stockholders Equity over the quarter that ended in Sep. 2022 was $121.01 Mil. Therefore, Lionheart III's annualized ROE % for the quarter that ended in Sep. 2022 was -6.18%.

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

LION's ROE % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.65
* Ranked among companies with meaningful ROE % only.

Lionheart III ROE % Historical Data

The historical data trend for Lionheart III'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.

Lionheart III ROE % Chart

Lionheart III Annual Data
Trend Dec21
ROE %
-0.28

Lionheart III Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROE % Get a 7-Day Free Trial -53.33 -2.20 -0.77 -3.64 -6.18

Competitive Comparison of Lionheart III's ROE %

For the Shell Companies subindustry, Lionheart III'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.


Lionheart III's ROE % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Lionheart III's ROE % distribution charts can be found below:

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



Lionheart III ROE % Calculation

Lionheart III's annualized ROE % for the fiscal year that ended in Dec. 2021 is calculated as

ROE %=Net Income (A: Dec. 2021 )/( (Total Stockholders Equity (A: . 20 )+Total Stockholders Equity (A: Dec. 2021 ))/ count )
=/( (+)/ )
=/
= %

Lionheart III's annualized ROE % for the quarter that ended in Sep. 2022 is calculated as

ROE %=Net Income (Q: Sep. 2022 )/( (Total Stockholders Equity (Q: Jun. 2022 )+Total Stockholders Equity (Q: Sep. 2022 ))/ count )
=-7.484/( (121.941+120.07)/ 2 )
=-7.484/121.0055
=-6.18 %

* 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. 2022) net income data. ROE % is displayed in the 30-year financial page.


Lionheart III  (NAS:LION) 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. 2022 )
=Net Income/Total Stockholders Equity
=-7.484/121.0055
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-7.484 / 0)*(0 / 127.6035)*(127.6035 / 121.0055)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.0545
=ROA %*Equity Multiplier
=N/A %*1.0545
=-6.18 %

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. 2022 )
=Net Income/Total Stockholders Equity
=-7.484/121.0055
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-7.484 / -7.076) * (-7.076 / -9.312) * (-9.312 / 0) * (0 / 127.6035) * (127.6035 / 121.0055)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0577 * 0.7599 * N/A % * 0 * 1.0545
=-6.18 %

Note: The net income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.


Lionheart III ROE % Related Terms

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


Lionheart III (Lionheart III) Business Description

Traded in Other Exchanges
N/A
Address
6 Duddell Street, 8th Floor, Printing House, Hong Kong, HKG, 33137
Website
Lionheart III Corp blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination.
Executives
Roger Meltzer director 80 PINE STREET, C/O CAHILL GORDON& REINDELL LLP, NEW YORK NY 10005
Paul Howard Rapisarda officer: Chief Financial Officer 151 SE 15TH ROAD, APT 1802, MIAMI FL 33129
Thomas W Hawkins director GERALD STEVENS INC, PO BOX 350526, FORT LAUDERDALE FL 33335-0526
Lionheart Equities, Llc 10 percent owner C/O LIONHEART CAPITAL, LLC, 4218 NE 2ND AVENUE, MIAMI FL 33137
Ophir Sternberg director, 10 percent owner, officer: President and CEO C/O OPES ACQUISITION CORP., JAVIER BARROS SIERRA 540, OF. 103, MEXICO CITY O5 01210
James Stephen Anderson director 4218 NE 2ND AVENUE 2ND FLOOR, MIAMI FL 33137
Cala Faquiry Diaz officer: Chief Operating Officer 4218 NE 2ND AVENUE, MIAMI FL 33137
Thomas Clyde Byrne director C/O JUST ANOTHER ACQUISITION, CORP., 122 EAST 42ND STREET, UNIT 2015, NEW YORK NY 10168