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Inspire Veterinary Partners (Inspire Veterinary Partners) ROE % : 0.00% (As of Mar. 2024)


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What is Inspire Veterinary Partners ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Inspire Veterinary Partners's annualized net income for the quarter that ended in Mar. 2024 was $-13.69 Mil. Inspire Veterinary Partners's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $-0.26 Mil. Therefore, Inspire Veterinary Partners's annualized ROE % for the quarter that ended in Mar. 2024 was N/A%.

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

IVP's ROE % is not ranked *
in the Personal Services industry.
Industry Median: 8.54
* Ranked among companies with meaningful ROE % only.

Inspire Veterinary Partners ROE % Historical Data

The historical data trend for Inspire Veterinary Partners'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.

Inspire Veterinary Partners ROE % Chart

Inspire Veterinary Partners Annual Data
Trend Dec21 Dec22 Dec23
ROE %
- - -

Inspire Veterinary Partners Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -1,722.25 -

Competitive Comparison of Inspire Veterinary Partners's ROE %

For the Personal Services subindustry, Inspire Veterinary Partners'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.


Inspire Veterinary Partners's ROE % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Inspire Veterinary Partners's ROE % distribution charts can be found below:

* The bar in red indicates where Inspire Veterinary Partners's ROE % falls into.



Inspire Veterinary Partners ROE % Calculation

Inspire Veterinary Partners'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 )
=-14.793/( (-5.135+-0.788)/ 2 )
=-14.793/-2.9615
=N/A %

Inspire Veterinary Partners'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 )
=-13.688/( (-0.788+0.27)/ 2 )
=-13.688/-0.259
=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.


Inspire Veterinary Partners  (NAS:IVP) 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
=-13.688/-0.259
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-13.688 / 19.328)*(19.328 / 22.593)*(22.593 / -0.259)
=Net Margin %*Asset Turnover*Equity Multiplier
=-70.82 %*0.8555*N/A
=ROA %*Equity Multiplier
=-60.59 %*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
=-13.688/-0.259
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-13.688 / -13.688) * (-13.688 / -8.536) * (-8.536 / 19.328) * (19.328 / 22.593) * (22.593 / -0.259)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.6036 * -44.16 % * 0.8555 * 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.


Inspire Veterinary Partners ROE % Related Terms

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Inspire Veterinary Partners (Inspire Veterinary Partners) Business Description

Traded in Other Exchanges
N/A
Address
780 Lynnhaven Parkway, Suite 400 Virginia Beach, Virginia, Virginia Beach, VA, USA, 23452
Website
Inspire Veterinary Partners Inc owns and operates veterinary hospitals throughout the United States. The company specializes in small animal general practice hospitals which serve all manner of companion pets, emphasizing canine and feline breeds.
Executives
Alexander Lawrence director 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Charles Stith Keiser director, officer: Chief Operating Officer 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Erinn Thomas-mackey director 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Kimball Carr director, officer: See Remarks 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH, VA 23452
Peter Lau director P.O. BOX 1237, SPRINGDALE AR 72765
Anne Murphy director 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Wilderness Trace Veterinary Partners, Llc other: See Remarks 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Timothy Watters director 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Suprock Louis John director 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Richard Frank officer: Chief Financial Officer 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH, FL 23452

Inspire Veterinary Partners (Inspire Veterinary Partners) Headlines