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180 Degree Capital (180 Degree Capital) ROE %

: -42.67% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. 180 Degree Capital's annualized net income for the quarter that ended in Dec. 2023 was $-23.98 Mil. 180 Degree Capital's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $56.21 Mil. Therefore, 180 Degree Capital's annualized ROE % for the quarter that ended in Dec. 2023 was -42.67%.

The historical rank and industry rank for 180 Degree Capital's ROE % or its related term are showing as below:

TURN' s ROE % Range Over the Past 10 Years
Min: -51.14   Med: -5.27   Max: 14.87
Current: -23.04

During the past 13 years, 180 Degree Capital's highest ROE % was 14.87%. The lowest was -51.14%. And the median was -5.27%.

TURN's ROE % is ranked worse than
92.31% of 1703 companies
in the Asset Management industry
Industry Median: 4.08 vs TURN: -23.04

180 Degree Capital ROE % Historical Data

The historical data trend for 180 Degree 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.

180 Degree Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.87 1.15 13.78 -51.14 -23.62

180 Degree Capital Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROE % 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 Premium Member Only Premium Member Only Premium Member Only -0.35 -48.54 -55.45 -5.26 -42.67

Competitive Comparison

For the Asset Management subindustry, 180 Degree 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.


180 Degree Capital ROE % Distribution

For the Asset Management industry and Financial Services sector, 180 Degree Capital's ROE % distribution charts can be found below:

* The bar in red indicates where 180 Degree Capital's ROE % falls into.



180 Degree Capital ROE % Calculation

180 Degree 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 )
=-13.672/( (65.545+50.218)/ 2 )
=-13.672/57.8815
=-23.62 %

180 Degree 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: Jun. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-23.984/( (62.211+50.218)/ 2 )
=-23.984/56.2145
=-42.67 %

* 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 two times the semi-annual (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


180 Degree Capital  (NAS:TURN) 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
=-23.984/56.2145
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-23.984 / -20.03)*(-20.03 / 57.155)*(57.155 / 56.2145)
=Net Margin %*Asset Turnover*Equity Multiplier
=119.74 %*-0.3505*1.0167
=ROA %*Equity Multiplier
=-41.97 %*1.0167
=-42.67 %

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
=-23.984/56.2145
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-23.984 / -23.984) * (-23.984 / -20.03) * (-20.03 / 57.155) * (57.155 / 56.2145)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * 119.74 % * -0.3505 * 1.0167
=-42.67 %

Note: The net income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (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.


180 Degree Capital ROE % Related Terms

Thank you for viewing the detailed overview of 180 Degree Capital's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


180 Degree Capital (180 Degree Capital) Business Description

Traded in Other Exchanges
N/A
Address
7 N. Willow Street, Suite 4B, Montclair, NJ, USA, 07042
180 Degree Capital Corp is active in the financial services domain. It is a non-diversified closed-end management investment company whose objective is to achieve long-term capital appreciation by making venture capital investments. It focuses its investments on companies commercializing and integrating products enabled by disruptive technologies mainly in the life sciences, precision medicine, and health industries.
Executives
Kevin Rendino director 800 SCUDDERS MILL RD, PLAINSBORO NJ 08536
Daniel B Wolfe officer: Vice President HARRIS & HARRIS GROUP, 111 WEST 57TH STREET, SUITE 1100, NEW YORK NY 10019
Bigelow Robert E Iii officer: VP, Head of Fund Development 7 NORTH WILLOW STREET SUITE 4B, MONTCLAIR NJ 07042
Alicia M Gift officer: Treasurer, Secretary 1450 BROADWAY, 24TH FLOOR, NEW YORK NY 10018
Richard P Shanley director 111 WEST 57TH STREET, NEW YORK NY 10019
Tonia L Pankopf director 8 SOUND SHORE DR STE 215, GREENWICH CT 06830
Parker Anders Weil director 262 MCKINLEY PLACE, RIDGEWOOD NJ 07450
Stacy Brandom director 1450 BROADWAY, NEW YORK NY 10018
Robert Stephen Burns officer: Senior Vice President 1450 BROADWAY, NEW YORK NY 10018
Bruce W Shewmaker director 12 BRIAR WOOD DRIVE, SHORT HILLS NJ 07078
Lucio Lanza director 141 CASPIAN COURT, SUNNYVALE CA 94089
Misti Ushio officer: Vice President 111 WEST 57TH STREET, NEW YORK NY 10019
Charles E Ramsey director 111 WEST 57TH STREET, SUITE 1100, NEW YORK NY 10019
Ayres W Dillaway Jr director 111 WEST 57TH STREET, SUITE 1100, NEW YORK NY 10019
Michael A Janse officer: Executive Vice President 111 WEST 57TH STREET SUITE 1100, NEW YORK NY 10019

180 Degree Capital (180 Degree Capital) Headlines

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