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AquaBounty Technologies (AquaBounty Technologies) ROE % : -19.93% (As of Dec. 2023)


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What is AquaBounty Technologies ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. AquaBounty Technologies's annualized net income for the quarter that ended in Dec. 2023 was $-33.70 Mil. AquaBounty Technologies's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $169.10 Mil. Therefore, AquaBounty Technologies's annualized ROE % for the quarter that ended in Dec. 2023 was -19.93%.

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

AQB' s ROE % Range Over the Past 10 Years
Min: -859.13   Med: -53.34   Max: -10.92
Current: -15.39

During the past 13 years, AquaBounty Technologies's highest ROE % was -10.92%. The lowest was -859.13%. And the median was -53.34%.

AQB's ROE % is ranked worse than
88.34% of 1818 companies
in the Consumer Packaged Goods industry
Industry Median: 6.375 vs AQB: -15.39

AquaBounty Technologies ROE % Historical Data

The historical data trend for AquaBounty Technologies'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.

AquaBounty Technologies ROE % Chart

AquaBounty Technologies 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 -56.30 -23.66 -13.58 -10.92 -15.44

AquaBounty Technologies 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 -12.46 -13.74 -14.27 -13.93 -19.93

Competitive Comparison of AquaBounty Technologies's ROE %

For the Farm Products subindustry, AquaBounty Technologies'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.


AquaBounty Technologies's ROE % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, AquaBounty Technologies's ROE % distribution charts can be found below:

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



AquaBounty Technologies ROE % Calculation

AquaBounty Technologies'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 )
=-27.558/( (191.921+165.017)/ 2 )
=-27.558/178.469
=-15.44 %

AquaBounty Technologies'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 )
=-33.7/( (173.189+165.017)/ 2 )
=-33.7/169.103
=-19.93 %

* 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.


AquaBounty Technologies  (NAS:AQB) 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
=-33.7/169.103
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-33.7 / 2.212)*(2.212 / 190.0485)*(190.0485 / 169.103)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1523.51 %*0.0116*1.1239
=ROA %*Equity Multiplier
=-17.67 %*1.1239
=-19.93 %

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
=-33.7/169.103
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-33.7 / -33.7) * (-33.7 / -33.268) * (-33.268 / 2.212) * (2.212 / 190.0485) * (190.0485 / 169.103)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.013 * -1503.98 % * 0.0116 * 1.1239
=-19.93 %

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.


AquaBounty Technologies ROE % Related Terms

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


AquaBounty Technologies (AquaBounty Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2 Mill and Main Place, Suite 395, Maynard, MA, USA, 01754
AquaBounty Technologies Inc is engaged in the field of land-based aquaculture and the use of technology for improving its productivity and sustainability. The company's objective is to ensure the availability of high-quality seafood to meet global consumer demand while addressing critical production constraints in the most popular farmed species.
Executives
Melbourne David Francis Jr officer: President 2 MILL AND MAIN PLACE, SUITE 395, MAYNARD MA 01754
Gail Sharps Myers director 13515 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Christine St.clare director 405 EAGLEVIEW BLVD., EXTON PA 19341
Erin S Sharp director THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202
Michael K Stern director 800 N. LINDBERGH BLVD, A3SA, ST LOUIS MO 63167
Ricardo J Alvarez director 2 MILL AND MAIN PLACE, SUITE 395, MAYNARD MA 01754
Sylvia Wulf director, officer: CEO & Director 2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
David A Frank officer: See Remarks 2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
Alana Czypinski director 1881 GROVE AVENUE, RADFORD VA 24141
Randal J Kirk 10 percent owner 1881 GROVE AVENUE, RADFORD VA 24141
Angela M Olsen officer: General Counsel & Corp Sec C/O AQUABOUNTY TECHNOLOGIES, INC., 2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
Richard L Huber director 2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
Rick L. Sterling director 20374 SENECA MEADOWS PARKWAY, GERMANTOWN MD 20876
Turk James C Jr director TWO CLOCK TOWER PLACE, SUITE 395, MAYNARD MA 01745
Theodore John Fisher director 1881 GROVE AVENUE, RADFORD VA 24141

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