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Breeze Holdings Acquisition (Breeze Holdings Acquisition) ROE % : 0.00% (As of Mar. 2024)


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What is Breeze Holdings Acquisition ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Breeze Holdings Acquisition's annualized net income for the quarter that ended in Mar. 2024 was $-88.06 Mil. Breeze Holdings Acquisition's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $-8.04 Mil. Therefore, Breeze Holdings Acquisition's annualized ROE % for the quarter that ended in Mar. 2024 was N/A%.

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

During the past 4 years, Breeze Holdings Acquisition's highest ROE % was 8.34%. The lowest was -35.99%. And the median was 6.31%.

BREZ's ROE % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.38
* Ranked among companies with meaningful ROE % only.

Breeze Holdings Acquisition ROE % Historical Data

The historical data trend for Breeze Holdings Acquisition'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.

Breeze Holdings Acquisition ROE % Chart

Breeze Holdings Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROE %
- 8.34 6.31 -35.99

Breeze Holdings Acquisition Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -32.11 -139.20 -147.08 105.65 -

Competitive Comparison of Breeze Holdings Acquisition's ROE %

For the Shell Companies subindustry, Breeze Holdings Acquisition'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.


Breeze Holdings Acquisition's ROE % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Breeze Holdings Acquisition's ROE % falls into.



Breeze Holdings Acquisition ROE % Calculation

Breeze Holdings Acquisition'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 )
=-2.549/( (11.198+2.966)/ 2 )
=-2.549/7.082
=-35.99 %

Breeze Holdings Acquisition's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-88.064/( (2.966+-19.05)/ 2 )
=-88.064/-8.042
=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 (Mar. 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.


Breeze Holdings Acquisition  (NAS:BREZ) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-88.064/-8.042
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-88.064 / 0)*(0 / 13.3755)*(13.3755 / -8.042)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-88.064/-8.042
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-88.064 / -88.04) * (-88.04 / -4.188) * (-4.188 / 0) * (0 / 13.3755) * (13.3755 / -8.042)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0003 * 21.022 * N/A % * 0 * N/A
=N/A %

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


Breeze Holdings Acquisition ROE % Related Terms

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Breeze Holdings Acquisition (Breeze Holdings Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
955 West John Carpenter Freeway, Suite 100-929, Irving, TX, USA, 75039
Website
Breeze Holdings Acquisition Corp is a blank check company.
Executives
James L Williams director C/O EMERGISOFT CORPORATION, 2225 AVENUE J, ARLINGTON TX 76006
Albert Mclelland director 9114 LA STRADA CT., DALLAS TX 75220
Bill Stark director 5324 DAVIS BLVD, NORTH RICHLAND HILLS IL 76180
Daniel Linn Hunt director 5324 DAVIS BLVD, NORTH RICHLAND HILLS TX 76180
Robert Lee Thomas director 5324 DAVIS BLVD, NORTH RICHLAND HILLS TX 76180
J Douglas Ramsey director, 10 percent owner, officer: CEO and CFO 5016 AUBURNDALE AVE, COLLEYVILLE TX 76034
Charles C. Ross officer: COO 5324 DAVIS BLVD, NORTH RICHLAND HILLS TX 76180
Russell D. Griffin director, officer: President 5324 DAVIS BLVD, NORTH RICHLAND HILLS TX 76180
Breeze Sponsor, Llc 10 percent owner 5324 DAVIS BLVD, NORTH RICHLAND HILLS TX 76180

Breeze Holdings Acquisition (Breeze Holdings Acquisition) Headlines