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HLGN (Heliogen) ROE % : 0.00% (As of Sep. 2024)


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What is Heliogen ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Heliogen's annualized net income for the quarter that ended in Sep. 2024 was $-47.26 Mil. Heliogen's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $-46.04 Mil. Therefore, Heliogen's annualized ROE % for the quarter that ended in Sep. 2024 was N/A%.

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

HLGN's ROE % is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 5.815
* Ranked among companies with meaningful ROE % only.

Heliogen ROE % Historical Data

The historical data trend for Heliogen'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.

Heliogen ROE % Chart

Heliogen Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
- - -147.60 -83.68 -220.95

Heliogen Quarterly Data
Dec19 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only -93.78 -1,015.40 - - -

Competitive Comparison of Heliogen's ROE %

For the Utilities - Renewable subindustry, Heliogen'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.


Heliogen's ROE % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Heliogen's ROE % distribution charts can be found below:

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



Heliogen ROE % Calculation

Heliogen'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 )
=-129.598/( (125.324+-8.015)/ 2 )
=-129.598/58.6545
=-220.95 %

Heliogen'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 )
=-47.26/( (-40.479+-51.592)/ 2 )
=-47.26/-46.0355
=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 (Sep. 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.


Heliogen  (OTCPK:HLGN) 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
=-47.26/-46.0355
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-47.26 / 4.2)*(4.2 / 63.6395)*(63.6395 / -46.0355)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1125.24 %*0.066*N/A
=ROA %*Equity Multiplier
=-74.27 %*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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-47.26/-46.0355
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-47.26 / -47.256) * (-47.256 / -49.692) * (-49.692 / 4.2) * (4.2 / 63.6395) * (63.6395 / -46.0355)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0001 * 0.951 * -1183.14 % * 0.066 * N/A
=N/A %

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.


Heliogen ROE % Related Terms

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


Heliogen Business Description

Traded in Other Exchanges
N/A
Address
130 West Union Street, Pasadena, CA, USA, 91103
Heliogen Inc is a concentrated solar energy system that is being developed to unlock the power of sunlight to replace fossil fuels. Powered by artificial intelligence (AI), its modular system aims to deliver low-cost renewable energy in the form of heat, power, or hydrogen fuel.
Executives
Nant Capital, Llc 10 percent owner 9922 JEFFERSON BOULEVARD, CULVER CITY CA 90232
William Gross director, officer: Chief Executive Officer C/O BILL GROSS' IDEALAB, 130 W UNION STREET, PASADENA CA 91103
Barbara J Burger director 130 WEST UNION STREET, PASADENA CA 91103
Sagar Kurada officer: CFO and Head of Strategy 1323 W. SCHOOL STREET, CHICAGO IL 60657
Thomas P. Doyle officer: Chief Commercial Officer 130 W UNION STREET, PASADENA CA 91103
Kelly Rosser officer: Interim CFO, and CAO ONE MEMORIAL CITY PLAZA, 800 GESSNER ROAD, SUITE 875, HOUSTON TX 77024
Christiana Obiaya officer: Chief Executive Officer 130 W UNION STREET, PASADENA CA 91103
Prime Movers Lab Fund I Lp 10 percent owner P.O. BOX 12829, JACKSON WY 83002
Prime Movers Lab Fund Ii Lp 10 percent owner 6765 CRYSTAL SPRINGS RD, TETON VILLAGE WY 83025
Paul Gauche officer: Executive VP, Engineering 130 WEST UNION STREET, PASADENA CA 91103
Roger Lazarus director 100 EL CAMINO REAL, GROUND SUITE, BURLINGAME CA 94010
Andrew Alan Lambert officer: Chf. Mfg. & Sply. Chain Ofc. 130 WEST UNION STREET, PASADENA CA 91103
Neotribe Partners I, Llc 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Phyllis W. Newhouse director 125 TOWNPARK DRIVE, SUITE 300, KENNESAW GA 30144
Robert M Kavner director OVERTURE SERVICES, INC., P.O. BOX 1355, CARMEL CA 93921

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