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Rubicon Technology (Rubicon Technology) ROE % : -110.89% (As of Dec. 2023)


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What is Rubicon Technology ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Rubicon Technology's annualized net income for the quarter that ended in Dec. 2023 was $-2.20 Mil. Rubicon Technology's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $1.99 Mil. Therefore, Rubicon Technology's annualized ROE % for the quarter that ended in Dec. 2023 was -110.89%.

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

RBCN' s ROE % Range Over the Past 10 Years
Min: -77.42   Med: -3.37   Max: 5.74
Current: -0.63

During the past 13 years, Rubicon Technology's highest ROE % was 5.74%. The lowest was -77.42%. And the median was -3.37%.

RBCN's ROE % is ranked worse than
66.91% of 979 companies
in the Semiconductors industry
Industry Median: 4.42 vs RBCN: -0.63

Rubicon Technology ROE % Historical Data

The historical data trend for Rubicon Technology'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.

Rubicon Technology ROE % Chart

Rubicon Technology 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 -3.38 -3.36 -2.46 5.74 -0.83

Rubicon Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 25.91 -30.88 -22.38 118.77 -110.89

Competitive Comparison of Rubicon Technology's ROE %

For the Semiconductor Equipment & Materials subindustry, Rubicon Technology'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.


Rubicon Technology's ROE % Distribution in the Semiconductors Industry

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

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



Rubicon Technology ROE % Calculation

Rubicon Technology'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 )
=-0.015/( (3.204+0.405)/ 2 )
=-0.015/1.8045
=-0.83 %

Rubicon Technology's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-2.204/( (3.57+0.405)/ 2 )
=-2.204/1.9875
=-110.89 %

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


Rubicon Technology  (OTCPK:RBCN) 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. 2023 )
=Net Income/Total Stockholders Equity
=-2.204/1.9875
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.204 / 1.7)*(1.7 / 2.6505)*(2.6505 / 1.9875)
=Net Margin %*Asset Turnover*Equity Multiplier
=-129.65 %*0.6414*1.3336
=ROA %*Equity Multiplier
=-83.16 %*1.3336
=-110.89 %

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. 2023 )
=Net Income/Total Stockholders Equity
=-2.204/1.9875
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-2.204 / -2.2) * (-2.2 / -2.448) * (-2.448 / 1.7) * (1.7 / 2.6505) * (2.6505 / 1.9875)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0018 * 0.8987 * -144 % * 0.6414 * 1.3336
=-110.89 %

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


Rubicon Technology ROE % Related Terms

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


Rubicon Technology (Rubicon Technology) Business Description

Traded in Other Exchanges
N/A
Address
900 East Green Street, Bensenville, IL, USA, 60106
Rubicon Technology Inc is an advanced materials provider specializing in monocrystalline sapphire for applications in optical and industrial systems. The company manages its operations and ship from its owned facility located in Bensenville, Illinois. It offers optical and industrial sapphire products in various shapes and sizes, including round and rectangular windows and blanks, domes, tubes, and rods. Geographically, the group has a business presence in North America, Asia, and Other countries, of which prime revenue is derived from North America.
Executives
Timothy Brog director C/O RUBICON TECHNOLOGY, INC., 900 EAST GREEN STREET, UNIT A, BENSENVILLE IL 60106
Darren Clay Seirer director, 10 percent owner 80 EIGHTH AVENUE, SUITE 1500, NEW YORK NY 10011
Jefferson Gramm director C/O BANDERA PARTNERS LLC, 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004
Janel Corp 10 percent owner 80 EIGHTH AVENUE, NEW YORK NY 10011
Michael E Mikolajczyk director 875 N. MICHIGAN AVE., STE 3000, CHICAGO IL 60611
Susan Westphal director C/O RUBICON TECHNOLOGY, INC., 900 EAST GREEN STREET, UNIT A, BENSENVILLE IL 60106
John Eidinger director 80 EIGHTH AVENUE, NEW YORK NY 10011
Dominique Schulte 10 percent owner 68 BANK STREET, NEW YORK NY 10014
Oaxaca Group L.l.c. 10 percent owner 68 BANK STREET, NEW YORK NY 10014
Kevin Timothy Lusardi officer: Chief Financial Officer 115 BROADWAY, PLEASANTVILLE NY 10570
Gregory Bylinsky 10 percent owner C/O BANDERA PARTNERS LLC, 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004
Bandera Partners Llc 10 percent owner 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004
Mathew Jason Rich officer: Chief Financial Officer 4501 EASTWOOD RD, MINNETONKA MN 55345
Inga A Slavutsky officer: Chief Financial Officer 920 E. GREEN ST., BENSENVILLE IL 60106
Donald R Caldwell director 5 RADNOR CORP CENTER STE 555, RADNOR PA 19087