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Alphinat (Alphinat) ROE % : 0.00% (As of May. 2023)


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What is Alphinat ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Alphinat's annualized net income for the quarter that ended in May. 2023 was $-0.02 Mil. Alphinat's average Total Stockholders Equity over the quarter that ended in May. 2023 was $-0.59 Mil. Therefore, Alphinat's annualized ROE % for the quarter that ended in May. 2023 was N/A%.

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

During the past 13 years, Alphinat's highest ROE % was Negative Equity%. The lowest was 0.00%. And the median was Negative Equity%.

APHTF's ROE % is not ranked *
in the Software industry.
Industry Median: 3.215
* Ranked among companies with meaningful ROE % only.

Alphinat ROE % Historical Data

The historical data trend for Alphinat'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.

Alphinat ROE % Chart

Alphinat Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - Negative Equity Negative Equity Negative Equity Negative Equity

Alphinat Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
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 Alphinat's ROE %

For the Software - Application subindustry, Alphinat'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.


Alphinat's ROE % Distribution in the Software Industry

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

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



Alphinat ROE % Calculation

Alphinat's annualized ROE % for the fiscal year that ended in Aug. 2022 is calculated as

ROE %=Net Income (A: Aug. 2022 )/( (Total Stockholders Equity (A: Aug. 2021 )+Total Stockholders Equity (A: Aug. 2022 ))/ count )
=0.087/( (-0.729+-0.613)/ 2 )
=0.087/-0.671
=Negative Equity %

Alphinat's annualized ROE % for the quarter that ended in May. 2023 is calculated as

ROE %=Net Income (Q: May. 2023 )/( (Total Stockholders Equity (Q: Feb. 2023 )+Total Stockholders Equity (Q: May. 2023 ))/ count )
=-0.016/( (-0.596+-0.578)/ 2 )
=-0.016/-0.587
=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 (May. 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.


Alphinat  (OTCPK:APHTF) 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: May. 2023 )
=Net Income/Total Stockholders Equity
=-0.016/-0.587
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.016 / 1.164)*(1.164 / 0.4645)*(0.4645 / -0.587)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.37 %*2.5059*N/A
=ROA %*Equity Multiplier
=-3.43 %*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: May. 2023 )
=Net Income/Total Stockholders Equity
=-0.016/-0.587
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.016 / -0.016) * (-0.016 / 0.024) * (0.024 / 1.164) * (1.164 / 0.4645) * (0.4645 / -0.587)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * -0.6667 * 2.06 % * 2.5059 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (May. 2023) net income data. The Revenue data used here is four times the quarterly (May. 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.


Alphinat ROE % Related Terms

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Alphinat (Alphinat) Business Description

Traded in Other Exchanges
N/A
Address
2000 2000 rue Peel Street, Suite 680, Montreal, QC, CAN, H3A 2W5
Alphinat Inc is a software company that has developed the SmartGuide suite that allows the user to create web applications and self-service tools that automate interactions between an organization and its customers, employees, and partners. Its software suite simplifies, accelerates and improves interactions with all business constituents. The company technology provides solutions to the public sector, healthcare, telecommunications, and financial institutions. It derives the majority of its revenue from solutions provider for Public Sector Agencies. Geographically, it generates maximum revenue from Canada and also has a presence in France, the United States, and Other Countries.

Alphinat (Alphinat) Headlines