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DOUUF (Douugh) ROE % : Negative Equity% (As of Jun. 2024)


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What is Douugh ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Douugh's annualized net income for the quarter that ended in Jun. 2024 was $0.08 Mil. Douugh's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was $-0.55 Mil. Therefore, Douugh's annualized ROE % for the quarter that ended in Jun. 2024 was Negative Equity%.

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

DOUUF's ROE % is not ranked *
in the Software industry.
Industry Median: 4.4
* Ranked among companies with meaningful ROE % only.

Douugh ROE % Historical Data

The historical data trend for Douugh'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.

Douugh ROE % Chart

Douugh Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -91.39 -302.80 -181.03 -287.22 -

Douugh Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -166.84 -390.97 -236.04 - Negative Equity

Competitive Comparison of Douugh's ROE %

For the Software - Application subindustry, Douugh'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.


Douugh's ROE % Distribution in the Software Industry

For the Software industry and Technology sector, Douugh's ROE % distribution charts can be found below:

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



Douugh ROE % Calculation

Douugh's annualized ROE % for the fiscal year that ended in Jun. 2024 is calculated as

ROE %=Net Income (A: Jun. 2024 )/( (Total Stockholders Equity (A: Jun. 2023 )+Total Stockholders Equity (A: Jun. 2024 ))/ count )
=-0.958/( (0.218+-0.456)/ 2 )
=-0.958/-0.119
=N/A %

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

ROE %=Net Income (Q: Jun. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Jun. 2024 ))/ count )
=0.084/( (-0.653+-0.456)/ 2 )
=0.084/-0.5545
=Negative Equity %

* 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 two times the semi-annual (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.


Douugh  (OTCPK:DOUUF) 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
=0.084/-0.5545
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.084 / 0.404)*(0.404 / 0.7635)*(0.7635 / -0.5545)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.79 %*0.5291*N/A
=ROA %*Equity Multiplier
=11 %*N/A
=Negative Equity %

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
=0.084/-0.5545
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.084 / 0.084) * (0.084 / -2.868) * (-2.868 / 0.404) * (0.404 / 0.7635) * (0.7635 / -0.5545)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * -0.0293 * -709.9 % * 0.5291 * N/A
=Negative Equity %

Note: The net income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (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.


Douugh ROE % Related Terms

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Douugh Business Description

Traded in Other Exchanges
Address
300 Barangaroo Avenue, Tower 3 - Level 17, Sydney, NSW, AUS, 2000
Douugh Ltd is a financial technology company. The company provides a super banking app that allows customers to budget, save, borrow, and invest their money using its different features such as spot, stockbacks, shares, portfolios, autopilot, and academy. The company operates in one segment which is the development of a smart mobile app for banking. Geographically, it derives key revenue from Australia and also has a presence in North America.

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