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Foresight Energy LP (Foresight Energy LP) ROE % : 49.33% (As of Mar. 2020)


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What is Foresight Energy LP ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Foresight Energy LP's annualized net income for the quarter that ended in Mar. 2020 was $142.8 Mil. Foresight Energy LP's average Total Stockholders Equity over the quarter that ended in Mar. 2020 was $289.5 Mil. Therefore, Foresight Energy LP's annualized ROE % for the quarter that ended in Mar. 2020 was 49.33%.

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

FELPQ's ROE % is not ranked *
in the Other Energy Sources industry.
Industry Median: 6.68
* Ranked among companies with meaningful ROE % only.

Foresight Energy LP ROE % Historical Data

The historical data trend for Foresight Energy LP'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.

Foresight Energy LP ROE % Chart

Foresight Energy LP Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -39.64 -1,602.41 - -9.68 -73.81

Foresight Energy LP Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 -11.48 -24.11 -25.99 -242.03 49.33

Competitive Comparison of Foresight Energy LP's ROE %

For the Thermal Coal subindustry, Foresight Energy LP'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.


Foresight Energy LP's ROE % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Foresight Energy LP's ROE % distribution charts can be found below:

* The bar in red indicates where Foresight Energy LP's ROE % falls into.



Foresight Energy LP ROE % Calculation

Foresight Energy LP's annualized ROE % for the fiscal year that ended in Dec. 2019 is calculated as

ROE %=Net Income (A: Dec. 2019 )/( (Total Stockholders Equity (A: Dec. 2018 )+Total Stockholders Equity (A: Dec. 2019 ))/ count )
=-320.448/( (596.715+271.631)/ 2 )
=-320.448/434.173
=-73.81 %

Foresight Energy LP's annualized ROE % for the quarter that ended in Mar. 2020 is calculated as

ROE %=Net Income (Q: Mar. 2020 )/( (Total Stockholders Equity (Q: Dec. 2019 )+Total Stockholders Equity (Q: Mar. 2020 ))/ count )
=142.792/( (271.631+307.329)/ 2 )
=142.792/289.48
=49.33 %

* 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 (Mar. 2020) net income data. ROE % is displayed in the 30-year financial page.


Foresight Energy LP  (OTCPK:FELPQ) 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. 2020 )
=Net Income/Total Stockholders Equity
=142.792/289.48
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(142.792 / 398.756)*(398.756 / 2119.593)*(2119.593 / 289.48)
=Net Margin %*Asset Turnover*Equity Multiplier
=35.81 %*0.1881*7.3221
=ROA %*Equity Multiplier
=6.74 %*7.3221
=49.33 %

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: Mar. 2020 )
=Net Income/Total Stockholders Equity
=142.792/289.48
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (142.792 / 142.792) * (142.792 / -94.748) * (-94.748 / 398.756) * (398.756 / 2119.593) * (2119.593 / 289.48)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * -1.5071 * -23.76 % * 0.1881 * 7.3221
=49.33 %

Note: The net income data used here is four times the quarterly (Mar. 2020) net income data. The Revenue data used here is four times the quarterly (Mar. 2020) 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.


Foresight Energy LP ROE % Related Terms

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


Foresight Energy LP (Foresight Energy LP) Business Description

Traded in Other Exchanges
N/A
Address
211 North Broadway, Suite 2600, Saint Louis, MO, USA, 63102
Foresight Energy LP is a coal mining firm in the United States. As one of the largest coal reserve holders in the country, it owns four mining facilities in the Illinois basin, which are strategically located near rail and river transportation access points. Its reserves mainly constitute contiguous, high heat content thermal coal, which is sold to electric utility and other industrial end users in the United States.
Executives
Daniel S Hermann director 211 NORTH BROADWAY, SUITE 2600, ST. LOUIS MO 63102
Christopher Cline 10 percent owner C/O CLINE RESOURCE & DEVELOPMENT CO, 3801 PGA BOULEVARD, SUITE 903, PALM BEACH GARDENS FL 33410
Donald R Holcomb 10 percent owner 601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002
Accipiter Life Sciences Fund Lp 10 percent owner C/O CANDENS SERVICES, INC. 525 WASHINGTON BLVD., 33RD FLOOR JERSEY CITY NJ 07310
Accipiter Life Sciences Fund Offshore Ltd 10 percent owner C/O CANDENS SERVICES, INC. 525 WASHINGTON BLVD., 33RD FLOOR JERSEY CITY NJ 07310
Accipiter Capital Management, Llc 10 percent owner C/O CANDENS SERVICES, INC. 525 WASHINGTON BLVD., 33RD FLOOR JERSEY CITY NJ 07310
Gabe Hoffman 10 percent owner 3801 PGA BLVD. SUITE 600 PALM BEACH GARDENS FL 33410
Candens Capital Llc 10 percent owner C/O CANDENS SERVICES, INC. 525 WASHINGTON BLVD., 33RD FLOOR JERSEY CITY NJ 07310
Paul H Vining director 901 E. BYRD STREET, SUITE 1600, RICHMOND VA 23219
E Hunter Harrison director 2708 SHELTINGHAM, WELLINGTON FL 33414
Foresight Reserves, Lp 10 percent owner C/O CLINE RESOURCE AND DEVELOPMENT COMP, 3801 PGA BOULEVARD, SUITE 903, PALM BEACH GARDENS FL 33410
Christopher N Moravec officer: EVP - CCO 424 LEWIS HARGETT CIRCLE SUITE 250 LEXINGTON KY 40503
Oscar Andres Martinez officer: Senior Vice President - CFO 555 MARYVILLE UNIVERSITY DRIVE SAINT LOUIS MO 63141

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