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Voltari (Voltari) ROE % : 0.00% (As of Jun. 2019)


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What is Voltari ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Voltari's annualized net income for the quarter that ended in Jun. 2019 was $-2.84 Mil. Voltari's average Total Stockholders Equity over the quarter that ended in Jun. 2019 was $-5.04 Mil. Therefore, Voltari's annualized ROE % for the quarter that ended in Jun. 2019 was N/A%.

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

VLTC's ROE % is not ranked *
in the Real Estate industry.
Industry Median: 2.94
* Ranked among companies with meaningful ROE % only.

Voltari ROE % Historical Data

The historical data trend for Voltari'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.

Voltari ROE % Chart

Voltari Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
ROE %
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Voltari Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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Competitive Comparison of Voltari's ROE %

For the Real Estate - Development subindustry, Voltari'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.


Voltari's ROE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Voltari's ROE % distribution charts can be found below:

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



Voltari ROE % Calculation

Voltari's annualized ROE % for the fiscal year that ended in Dec. 2018 is calculated as

ROE %=Net Income (A: Dec. 2018 )/( (Total Stockholders Equity (A: Dec. 2017 )+Total Stockholders Equity (A: Dec. 2018 ))/ count )
=-1.526/( (-57.201+-67.146)/ 2 )
=-1.526/-62.1735
=N/A %

Voltari's annualized ROE % for the quarter that ended in Jun. 2019 is calculated as

ROE %=Net Income (Q: Jun. 2019 )/( (Total Stockholders Equity (Q: Mar. 2019 )+Total Stockholders Equity (Q: Jun. 2019 ))/ count )
=-2.844/( (-4.629+-5.447)/ 2 )
=-2.844/-5.038
=N/A %

* 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 (Jun. 2019) 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.


Voltari  (OTCPK:VLTC) 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: Jun. 2019 )
=Net Income/Total Stockholders Equity
=-2.844/-5.038
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.844 / 2.112)*(2.112 / 22.787)*(22.787 / -5.038)
=Net Margin %*Asset Turnover*Equity Multiplier
=-134.66 %*0.0927*N/A
=ROA %*Equity Multiplier
=-12.48 %*N/A
=N/A %

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: Jun. 2019 )
=Net Income/Total Stockholders Equity
=-2.844/-5.038
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-2.844 / -2.844) * (-2.844 / -0.416) * (-0.416 / 2.112) * (2.112 / 22.787) * (22.787 / -5.038)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 6.8365 * -19.7 % * 0.0927 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Jun. 2019) net income data. The Revenue data used here is four times the quarterly (Jun. 2019) 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.


Voltari ROE % Related Terms

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


Voltari (Voltari) Business Description

Traded in Other Exchanges
N/A
Address
767 Fifth Avenue, Suite 4700, New York, NY, USA, 10153
Voltari Corp is a US-based company which is in the business of acquiring, financing and leasing commercial real properties. The company owns two commercial real properties in Long Branch, New Jersey and in Flanders, New York. It leases its property to JPMorgan Chase Bank, N.A, and 7-Eleven Corporation. The company operates through the single segment being the Acquiring, financing, and leasing commercial real estate properties. The company derives its revenue from the rental income received through the leasing agreements.
Executives
James Larry Nelson director 2747 PARADISE ROAD, PH2804, LAS VEGAS NV 89109
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Nathan Yu-gai Fong officer: Chief Financial Officer THE ORCHARD ENTERPRISES, INC., 23 E. 4TH ST., 3RD FL., NEW YORK NY 10003
Jaffrey Adam Firestone director C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Richard Jr Leigh officer: SVP, Gen Counsel & Corp Sec 601 108TH AVE. NORTHEAST, SUITE 800, BELLEVUE WA 98004
Hunter Clark Gary director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Brett Icahn director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Brian V Turner director P.O. BOX 91123, SEATTLE WA 98111-9223
John Drew 10 percent owner, other: May be part of 13(d) group 250 MIDDLEFIELD RD, MENLO PARK CA 94025
Jay C Hoag 10 percent owner, other: May be part of 13(d) group 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Tcv Member Fund L P 10 percent owner, other: May be part of 13(d) group 528 RAMONA STREET, PALO ALTO CA 94301
Technology Crossover Management V Llc 10 percent owner, other: May be part of 13(d) group C/O TECHNOLOGY CROSSOVER VENTURES, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Tcv V Lp 10 percent owner, other: May be part of 13(d) group 528 RAMONA STREET, PALO ALTO CA 94301
Reynolds Jon Q Jr 10 percent owner, other: May be part of 13(d) group 250 MIDDLEFIELD RD, MENLO PARK CA 94025
William Griffith 10 percent owner, other: May be part of 13(d) group 528 RAMONA STREET, PALO ALTO CA 94301