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BHAC (Focus Impact BH3 Acquisition Co) ROE % : -32.85% (As of Sep. 2024)


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What is Focus Impact BH3 Acquisition Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Focus Impact BH3 Acquisition Co's annualized net income for the quarter that ended in Sep. 2024 was $-4.03 Mil. Focus Impact BH3 Acquisition Co's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $12.26 Mil. Therefore, Focus Impact BH3 Acquisition Co's annualized ROE % for the quarter that ended in Sep. 2024 was -32.85%.

The historical rank and industry rank for Focus Impact BH3 Acquisition Co's ROE % or its related term are showing as below:

BHAC' s ROE % Range Over the Past 10 Years
Min: -29.15   Med: 3.24   Max: 5.43
Current: -29.15

During the past 3 years, Focus Impact BH3 Acquisition Co's highest ROE % was 5.43%. The lowest was -29.15%. And the median was 3.24%.

BHAC's ROE % is ranked worse than
79.96% of 479 companies
in the Diversified Financial Services industry
Industry Median: 0.64 vs BHAC: -29.15

Focus Impact BH3 Acquisition Co ROE % Historical Data

The historical data trend for Focus Impact BH3 Acquisition Co'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.

Focus Impact BH3 Acquisition Co ROE % Chart

Focus Impact BH3 Acquisition Co Annual Data
Trend Dec21 Dec22 Dec23
ROE %
- 5.43 1.05

Focus Impact BH3 Acquisition Co Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -6.47 -17.78 -47.13 -29.92 -32.85

Competitive Comparison of Focus Impact BH3 Acquisition Co's ROE %

For the Shell Companies subindustry, Focus Impact BH3 Acquisition Co'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.


Focus Impact BH3 Acquisition Co's ROE % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Focus Impact BH3 Acquisition Co's ROE % distribution charts can be found below:

* The bar in red indicates where Focus Impact BH3 Acquisition Co's ROE % falls into.



Focus Impact BH3 Acquisition Co ROE % Calculation

Focus Impact BH3 Acquisition Co'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 )
=0.328/( (40.11+22.453)/ 2 )
=0.328/31.2815
=1.05 %

Focus Impact BH3 Acquisition Co's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=-4.028/( (18.668+5.852)/ 2 )
=-4.028/12.26
=-32.85 %

* 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 (Sep. 2024) net income data. ROE % is displayed in the 30-year financial page.


Focus Impact BH3 Acquisition Co  (OTCPK:BHAC) 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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-4.028/12.26
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.028 / 0)*(0 / 19.598)*(19.598 / 12.26)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.5985
=ROA %*Equity Multiplier
=N/A %*1.5985
=-32.85 %

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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-4.028/12.26
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-4.028 / -4.028) * (-4.028 / -4.192) * (-4.192 / 0) * (0 / 19.598) * (19.598 / 12.26)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.9609 * N/A % * 0 * 1.5985
=-32.85 %

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


Focus Impact BH3 Acquisition Co ROE % Related Terms

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Focus Impact BH3 Acquisition Co Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 33rd Floor, New York, NY, USA, 10105
Focus Impact BH3 Acquisition Co is a blank check company.
Executives
Troy L Carter director 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
D'angela Simms director 40 W. 57TH STREET, 33RD FLOOR, NEW YORK NY 10019
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Eric J Edidin director 570 LEXINGTON AVENUE, 40TH FLOOR, NEW YORK NY 10022
Mark Edward Rose director 1 SOUTH WACKER DRIVE, SUITE 3000, CHICAGO IL 60606
Bh3 Sponsor Llc 10 percent owner 819 NE 2ND AVENUE, SUITE 300, FORT LAUDERDALE FL 33304
Jonathan Roth director 819 NE 2ND AVENUE, SUITE 500, C/O BH3 MANAGEMENT, FORT LAUDERDALE FL 33304
Dwight Arnesen director 819 NE 2ND AVENUE, SUITE 500, C/O BH3 MANAGEMENT, FORT LAUDERDALE FL 33304
Daniel Adan director 819 NE 2ND AVENUE, SUITE 500, C/O BH3 MANAGEMENT, FORT LAUDERDALE FL 33304
Daniel Lebensohn director, 10 percent owner, officer: Co-Chief Executive Officer 819 NE 2ND AVENUE, SUITE 500, C/O BH3 MANAGEMENT, FORT LAUDERDALE FL 33304
Gregory Freedman director, 10 percent owner, officer: See Remarks 819 NE 2ND AVENUE, SUITE 500, C/O BH3 MANAGEMENT, FORT LAUDERDALE FL 33304
Michelle Guber officer: Chief Operating Officer 819 NE 2ND AVENUE, SUITE 500, C/O BH3 MANAGEMENT, FORT LAUDERDALE FL 33304