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SuRo Capital (SuRo Capital) ROE % : -17.57% (As of Dec. 2023)


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What is SuRo Capital ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. SuRo Capital's annualized net income for the quarter that ended in Dec. 2023 was $-36.49 Mil. SuRo Capital's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $207.66 Mil. Therefore, SuRo Capital's annualized ROE % for the quarter that ended in Dec. 2023 was -17.57%.

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

SSSS' s ROE % Range Over the Past 10 Years
Min: -45.99   Med: 2.76   Max: 44.14
Current: 2.47

During the past 13 years, SuRo Capital's highest ROE % was 44.14%. The lowest was -45.99%. And the median was 2.76%.

SSSS's ROE % is ranked worse than
57.98% of 1697 companies
in the Asset Management industry
Industry Median: 4.06 vs SSSS: 2.47

SuRo Capital ROE % Historical Data

The historical data trend for SuRo Capital'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.

SuRo Capital ROE % Chart

SuRo Capital 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 12.12 30.04 44.14 -45.99 2.45

SuRo Capital 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 -22.96 8.69 -31.11 50.55 -17.57

Competitive Comparison of SuRo Capital's ROE %

For the Asset Management subindustry, SuRo Capital'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.


SuRo Capital's ROE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SuRo Capital's ROE % distribution charts can be found below:

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



SuRo Capital ROE % Calculation

SuRo Capital'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 )
=5.067/( (210.021+203.358)/ 2 )
=5.067/206.6895
=2.45 %

SuRo Capital'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 )
=-36.492/( (211.971+203.358)/ 2 )
=-36.492/207.6645
=-17.57 %

* 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.


SuRo Capital  (NAS:SSSS) 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
=-36.492/207.6645
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-36.492 / -20.536)*(-20.536 / 283.2895)*(283.2895 / 207.6645)
=Net Margin %*Asset Turnover*Equity Multiplier
=177.7 %*-0.0725*1.3642
=ROA %*Equity Multiplier
=-12.88 %*1.3642
=-17.57 %

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
=-36.492/207.6645
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-36.492 / -36.492) * (-36.492 / -20.536) * (-20.536 / 283.2895) * (283.2895 / 207.6645)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * 177.7 % * -0.0725 * 1.3642
=-17.57 %

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.


SuRo Capital ROE % Related Terms

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


SuRo Capital (SuRo Capital) Business Description

Traded in Other Exchanges
Address
640 Fifth Avenue, 12th Floor, New York, NY, USA, 10019
SuRo Capital Corp is a non-diversified closed-end management investment company. The company's investment objective is to maximize its portfolio's total return, principally by seeking capital gains on its equity and equity-related investments.
Executives
Mark D Klein director, officer: CEO and President 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Allison Green officer: See Remarks C/O GSV CAPITAL CORP., 2925 WOODSIDE ROAD, WOODSIDE CA 94062
Ronald M. Lott director C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Robert S. Birch 10 percent owner 765 PARK AVENUE, APT. 10A, NEW YORK NY 10021
Lisa Westley director C/O GSV CAPITAL CORP., ONE SANSOME STREET, SUITE 730, SAN FRANCISCO CA 94104
Marc Mazur director 31 WEST 52ND ST. 17TH FLOOR, NEW YORK NY 10019
Leonard Potter director C/O SOLAR CAPITAL LLC, 500 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Michael T. Moe director, officer: President and CEO C/O NEXT INNOVATION CORP., 2965 WOODSIDE ROAD, WOODSIDE CA 94062
David S Pottruck director 120 KEARNY STREET, SAN FRANCISCO CA 94108
Brian Taylor 10 percent owner C/O PINE RIVER CAPITAL MANAGEMENT, 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305
Pine River Capital Management L.p. 10 percent owner 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305
Pine River Master Fund Ltd. 10 percent owner C/O PINE RIVER CAPITAL MANAGEMENT L.P., 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305
Mark W. Flynn director C/O NEXT INNOVATION CORP., 2965 WOODSIDE ROAD, WOODSIDE CA 94062
Bradford C. Koenig director C/O GSV CAPITAL CORP., 2925 WOODSIDE ROAD, WOODSIDE CA 94062
William F. Tanona officer: CFO, Treasurer & Secretary 580 EL CERRITO AVENUE, HILLSBOROUGH CA 94010