CBYI (Cal Bay International) ROE %: -21.31% (As of Sep. 2006)

What is Cal Bay International ROE %?

Cal Bay International CBYI -99.00% ROE % is -21.31% as of Sep. 2006.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Cal Bay International's annualized net income for the quarter that ended in Sep. 2006 was $-3.66 Mil. Cal Bay International's average Total Stockholders Equity over the quarter that ended in Sep. 2006 was $17.15 Mil. Therefore, Cal Bay International's annualized ROE % for the quarter that ended in Sep. 2006 was -21.31%.

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

CBYI's ROE % is not ranked ^*
in the Capital Markets industry.
Industry Median: 6
* Ranked among companies with meaningful ROE % only.

Cal Bay International (OTCPK:CBYI) 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. 2006 )
=	Net Income	/	Total Stockholders Equity
=	-3.656	/	17.1535
=	(Net Income / Revenue )	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-3.656 / 0.128)	*	(0.128 / 21.9815)	*	(21.9815 / 17.1535)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	-2856.25 %	*	0.0058	*	1.2815
=	ROA %	*	Equity Multiplier
=	-16.57 %	*	1.2815
=	-21.31 %

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. 2006 )
=	Net Income	/	Total Stockholders Equity
=	-3.656	/	17.1535
=	(Net Income / Pre-Tax Income)	*	(Pre-Tax Income / Operating Income)	*	(Operating Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-3.656 / 0)	*	(0 / -3.656)	*	(-3.656 / 0.128)	*	(0.128 / 21.9815)	*	(21.9815 / 17.1535)
=	Tax Burden	*	Interest Burden	*	Operating Margin %	*	Asset Turnover	*	Equity Multiplier
=	N/A	*	0	*	-2856.25 %	*	0.0058	*	1.2815
=	-21.31 %

Note: The net income data used here is four times the quarterly (Sep. 2006) net income data. The Revenue data used here is four times the quarterly (Sep. 2006) 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.

Cal Bay International ROE % Related Terms

Cal Bay International ROE % Historical Data

* Premium members only.

The historical data trend for Cal Bay International's ROE % can be seen below:

Cal Bay International ROE % Chart

Cal Bay International Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

ROE %

0.00

-2,340.98

-4,560.00

0.00

-51.05

Cal Bay International Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
ROE %	Get a 7-Day Free Trial															-75.18	-23.84	-68.98	126.32	-21.31

CBYI vs PPCQ, RSRT, IDVV: ROE % Comparison

For the Capital Markets subindustry, Cal Bay International'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.

Cal Bay International ROE % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cal Bay International's ROE % distribution charts can be found below:

* The bar in red indicates where Cal Bay International's ROE % falls into.

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Cal Bay International ROE % Calculation

Cal Bay International's annualized ROE % for the fiscal year that ended in Dec. 2005 is calculated as

ROE %	=	Net Income (A: Dec. 2005 )	/	( (Total Stockholders Equity (A: Dec. 2004 )	+	Total Stockholders Equity (A: Dec. 2005 ))	/ count )
	=	-2.442	/	( (-0.031	+	9.599)	/ 2 )
	=	-2.442	/	4.784
	=	-51.05 %

Cal Bay International's annualized ROE % for the quarter that ended in Sep. 2006 is calculated as

ROE %	=	Net Income (Q: Sep. 2006 )	/	( (Total Stockholders Equity (Q: Jun. 2006 )	+	Total Stockholders Equity (Q: Sep. 2006 ))	/ count )
	=	-3.656	/	( (24.708	+	9.599)	/ 2 )
	=	-3.656	/	17.1535
	=	-21.31 %

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. 2006) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →

What does a ROE % of -21.31% mean?

Cal Bay International (CBYI) has a ROE % of -21.31% as of Sep. 2006. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Cal Bay International and its competitors.

Is Cal Bay International's ROE % too high?

Cal Bay International's current ROE % is -21.31%.

How does Cal Bay International's ROE % compare to PPCQ and RSRT?

Cal Bay International's ROE % of -21.31% can be compared against companies in the Capital Markets industry. The industry median ROE % is 6.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROE % for a Capital Markets company?

The median ROE % among Capital Markets companies is 6.00, based on 791 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROE % mean?

A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Cal Bay International and its competitors. For the Capital Markets industry, the median ROE % is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cal Bay International's current ROE % is -21.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Cal Bay International stock overvalued right now?

Cal Bay International (CBYI) has a current ROE % of -21.31%. The current ROE % is -21.31%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROE % calculated?

ROE % is calculated from a company's financial statements. For Cal Bay International (CBYI), the current ROE % is -21.31% as of Sep. 2006. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cal Bay International Business Description

Industry Financial Services Capital Markets

Comparable Companies PPCQ RSRT IDVV DHCC OMAG FHRT PGUS MTEHF TNSGF GRWC KDUS TFCCF IOT SFEF VINO PRSI IIPR BTLN KANP HGSH

Address 1887 Whitney Mesa Drive, No. 2127, Henderson, NV, USA, 89014

Website https://www.cbyintl.com

Cal Bay International Inc acquired a Financial, merchant card processing system, CB Green Card, that allows the legal payment to the dispensary by patients using the CB Green card for purchases within the dispensaries. The majority of the transactions are on a cash only basis. The company's merchant processing system allows for the registered dispensaries to be able to accept and process the patients CB Green card and have the proceeds deposited to their financial institution, creating an alternative to holding large amounts of non depositable cash to the banks and at the same time creating a verifiable transaction of sales for state and Federal tax collection agencies. The company has also developed a formula specifically designed for enhancing the growth of marijuana plants.