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Samsara Luggage (Samsara Luggage) ROE % : Negative Equity% (As of Dec. 2023)


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What is Samsara Luggage ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Samsara Luggage's annualized net income for the quarter that ended in Dec. 2023 was $2.93 Mil. Samsara Luggage's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $-2.49 Mil. Therefore, Samsara Luggage's annualized ROE % for the quarter that ended in Dec. 2023 was Negative Equity%.

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

SAML's ROE % is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 4.21
* Ranked among companies with meaningful ROE % only.

Samsara Luggage ROE % Historical Data

The historical data trend for Samsara Luggage'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.

Samsara Luggage ROE % Chart

Samsara Luggage Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Dec20 Dec21 Dec22 Dec23
ROE %
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Samsara Luggage Quarterly Data
Jan19 Apr19 Jul19 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 - - Negative Equity - Negative Equity

Competitive Comparison of Samsara Luggage's ROE %

For the Footwear & Accessories subindustry, Samsara Luggage'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.


Samsara Luggage's ROE % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Samsara Luggage's ROE % distribution charts can be found below:

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



Samsara Luggage ROE % Calculation

Samsara Luggage'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 )
=-0.144/( (-2.136+-2.118)/ 2 )
=-0.144/-2.127
=N/A %

Samsara Luggage'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 )
=2.928/( (-2.87+-2.118)/ 2 )
=2.928/-2.494
=Negative Equity %

* 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.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Samsara Luggage  (OTCPK:SAML) 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
=2.928/-2.494
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.928 / 0.012)*(0.012 / 0.066)*(0.066 / -2.494)
=Net Margin %*Asset Turnover*Equity Multiplier
=24400 %*0.1818*N/A
=ROA %*Equity Multiplier
=4435.92 %*N/A
=Negative Equity %

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
=2.928/-2.494
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2.928 / 2.928) * (2.928 / -0.452) * (-0.452 / 0.012) * (0.012 / 0.066) * (0.066 / -2.494)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * -6.4779 * -3766.67 % * 0.1818 * N/A
=Negative Equity %

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.


Samsara Luggage ROE % Related Terms

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Samsara Luggage (Samsara Luggage) Business Description

Traded in Other Exchanges
N/A
Address
135 East 57th Street, Suite 18-130, New York, NY, USA, 10022
Samsara Luggage Inc designs manufactures and sells high-quality luggage products to meet the evolving needs of travelers. The company generates revenues through the sale and distribution of smart luggage products.
Executives
Atara Dzikowski director, 10 percent owner, officer: Chief Executive Officer YITZCHAK RABIN STREET 16, KIRYAT ONO L3 5551021
David Dahan director, 10 percent owner, officer: Chief Technical Officer YITZCHAK RABIN STREET 16, KIRYAT ONO L3 5551021
Chizkiyahu Lapin director 5 ARIEL STREET, JERUSALEM L3 000000
Avraham Bengio director, 10 percent owner, officer: See Remarks 7 ELIEZRI STREET, JERUSALEUM L3 00000
Israel Chaim Povarksy director, officer: Secretary 17 AGRIPPAS STREET, JERUSALEM L3 00000