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SideChannel (SideChannel) ROE % : -33.34% (As of Dec. 2023)


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What is SideChannel ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. SideChannel's annualized net income for the quarter that ended in Dec. 2023 was $-0.98 Mil. SideChannel's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $2.95 Mil. Therefore, SideChannel's annualized ROE % for the quarter that ended in Dec. 2023 was -33.34%.

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

SDCH' s ROE % Range Over the Past 10 Years
Min: -239.76   Med: -89.61   Max: 355.02
Current: -107.67

During the past 13 years, SideChannel's highest ROE % was 355.02%. The lowest was -239.76%. And the median was -89.61%.

SDCH's ROE % is ranked worse than
92.11% of 2635 companies
in the Software industry
Industry Median: 3.27 vs SDCH: -107.67

SideChannel ROE % Historical Data

The historical data trend for SideChannel'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.

SideChannel ROE % Chart

SideChannel Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -64.62 -197.76 355.02 -239.76 -112.76

SideChannel 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 -26.28 -39.97 -33.85 -358.18 -33.34

Competitive Comparison of SideChannel's ROE %

For the Software - Infrastructure subindustry, SideChannel'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.


SideChannel's ROE % Distribution in the Software Industry

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

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



SideChannel ROE % Calculation

SideChannel's annualized ROE % for the fiscal year that ended in Sep. 2023 is calculated as

ROE %=Net Income (A: Sep. 2023 )/( (Total Stockholders Equity (A: Sep. 2022 )+Total Stockholders Equity (A: Sep. 2023 ))/ count )
=-7.006/( (9.396+3.03)/ 2 )
=-7.006/6.213
=-112.76 %

SideChannel'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 )
=-0.984/( (3.03+2.873)/ 2 )
=-0.984/2.9515
=-33.34 %

* 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.


SideChannel  (OTCPK:SDCH) 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
=-0.984/2.9515
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.984 / 6.944)*(6.944 / 3.8085)*(3.8085 / 2.9515)
=Net Margin %*Asset Turnover*Equity Multiplier
=-14.17 %*1.8233*1.2904
=ROA %*Equity Multiplier
=-25.84 %*1.2904
=-33.34 %

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
=-0.984/2.9515
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.984 / -0.984) * (-0.984 / -1.036) * (-1.036 / 6.944) * (6.944 / 3.8085) * (3.8085 / 2.9515)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.9498 * -14.92 % * 1.8233 * 1.2904
=-33.34 %

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.


SideChannel ROE % Related Terms

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


SideChannel (SideChannel) Business Description

Traded in Other Exchanges
N/A
Address
146 Main Street, Suite 406, Worcester, MA, USA, 01608
SideChannel Inc is a provider of cybersecurity services and technology to companies; national, state, and local municipalities; and non-profits. The company earns maximum revenue from vCISO Services that capture the revenue, the Chief Information Security Officer services that it provides to its clients on a 'virtual' or outsourced basis.
Executives
Ryan Polk officer: Chief Financial Officer 7635 INTERACTIVE WAY, SUITE 200, INDIANAPOLIS IN 46278
Brian Wayne Haugli director, 10 percent owner, officer: Chief Executive Officer 146 MAIN ST, SUITE #405, WORCESTER MA 01608
Regan Hugh T Jr director C/O INTEST CORP, 804 EAST GATE DR., SUITE 200, MT. LAUREL NJ 08054
Anthony Ambrose director 6645 185TH AVE NE SUITE 100, REDMOND WA 98052
Deborah Kuenzi Macconnel director 146 MAIN ST, SUITE #405, WORCESTER MA 01608
Kevin Robert Powers director 146 MAIN ST, SUITE #405, WORCESTER MA 01608
Nicholas William Hnatiw officer: Chief Technology Officer 6836 BEE CAVE ROAD,, BLDG 1 #279, AUSTIN TX 78746
Sammy Eugene Davis director 6836 BEE CAVE ROAD, BLDG 1 #279, AUSTIN TX 78746
Andrew Borene officer: Chief Executive Officer 825 MAIN STREET, SUITE 100, BUDA TX 78610
Manchester Management Pr, Llc 10 percent owner 3 WEST HILL PLACE, BOSTON MA 02114
Zeynep Young director 825 MAIN ST., SUITE 100, BUDA TX 78610
David Chasteen director 825 MAIN ST, SUITE 100, BUDA TX 78610
Thomas Wiley Wilkinson director 3 COLERIDGE LANE, AUSTIN TX 78746
James E Besser 10 percent owner 3 WEST HILL PLACE, BOSTON MA 02114
Manchester Explorer, L.p. 10 percent owner MANCHESTER MANAGEMENT COMPANY, L.L.C, 3 WEST HILL PLACE, Boston ma 02114