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ASPR (Adsouth Partners) ROE % : 0.00% (As of Jun. 2024)


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What is Adsouth Partners ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Adsouth Partners's annualized net income for the quarter that ended in Jun. 2024 was $0.00 Mil. Adsouth Partners's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was $-0.00 Mil. Therefore, Adsouth Partners's annualized ROE % for the quarter that ended in Jun. 2024 was N/A%.

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

ASPR's ROE % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.64
* Ranked among companies with meaningful ROE % only.

Adsouth Partners ROE % Historical Data

The historical data trend for Adsouth Partners'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.

Adsouth Partners ROE % Chart

Adsouth Partners Annual Data
Trend Dec21 Dec22
ROE %
- -

Adsouth Partners Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Jun24
ROE % Get a 7-Day Free Trial Premium Member Only - - - -19,200.00 -

Competitive Comparison of Adsouth Partners's ROE %

For the Shell Companies subindustry, Adsouth Partners'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.


Adsouth Partners's ROE % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Adsouth Partners's ROE % distribution charts can be found below:

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



Adsouth Partners ROE % Calculation

Adsouth Partners's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=0/( (1.7763568394003E-15+1.7763568394003E-15)/ 2 )
=0/1.7763568394003E-15
=0.00 %

Adsouth Partners's annualized ROE % for the quarter that ended in Jun. 2024 is calculated as

ROE %=Net Income (Q: Jun. 2024 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Jun. 2024 ))/ count )
=0/( (0.00099999999999945+-0.003)/ 2 )
=0/-0.0010000000000003
=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. 2024) 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.


Adsouth Partners  (OTCPK:ASPR) 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. 2024 )
=Net Income/Total Stockholders Equity
=0/-0.0010000000000003
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 0)*(0 / -0.0010000000000003)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*N/A*N/A
=ROA %*Equity Multiplier
=N/A %*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. 2024 )
=Net Income/Total Stockholders Equity
=0/-0.0010000000000003
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0 / 0) * (0 / 0) * (0 / 0) * (0 / 0) * (0 / -0.0010000000000003)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= N/A * N/A * N/A % * N/A * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Jun. 2024) net income data. The Revenue data used here is four times the quarterly (Jun. 2024) 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.


Adsouth Partners ROE % Related Terms

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


Adsouth Partners Business Description

Traded in Other Exchanges
N/A
Address
7339 E. Williams Drive, PO Box 26496, Scottsdale, AZ, USA, 85255
Adsouth Partners Inc is a shell company.
Executives
Jerald Horowitz director 1035 S. FEDERAL HIGHWAY, 211, DELRAY BEACH FL 33483
Wade Brian K /fa/ officer: VP Finance/Controller 9447 SUN POINTE DR, BOYNTON BEACH FL 33437
Loren R Haynes director 108 S. MAIN STREET, LIBERTY IN 47353
Harlan I Press director 2530 EAGLE RUN COURT, WESTON FL 33327
John Cammarano director, officer: Chief Executive Officer 6914 NW 126TH AVE., PARKLAND FL 33076
Anton Lee Wingeier officer: CHIEF FINANCIAL OFFICER 19513 ESTUARY DRIVE, BOCA RATON FL 33498
Acunto John P Jr director, 10 percent owner, officer: Chief Executive Officer and In 1609 SCOTLAND AVE, CHARLOTTE NC 28207
Gary J Hohman officer: President
Angela E Acunto 10 percent owner
Omar A Rizvi director, officer: Interim CEO C/O ORIGIN INVESTMENT GROUP INC, 980 NORTH MICHIGAN AVE. #1400, CHICAGO IL 60611
Timothy Neil Williams 10 percent owner C/O STRAGEGY PARTNERS, 2600 MICHELSON DR. 17TH FL, IRVINE CA 92612
Ralph Douglas Sherrod director, officer: CFO C/O STRATEGY PARTNERS, 2600 MICHELSON DR. 17TH FL, IRVINE CA 92612
Tiger Fund Inc 10 percent owner 2600 MICHELSON DRIVE, 17TH FLOOR, IRVINE CA 92612
Richard Allan Moore other: Maj. Shareholder of Tiger Fund PO BOX 676286, RANCHO SANTA FE CA 92607

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