LEAP.WS (Ribbit LEAP) ROE %: 3.80% (As of Jun. 2022) — 92% Below Median


LEAP.WS Ribbit LEAP Ltd LEAP.WS
22 GF Score
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What is Ribbit LEAP ROE %?

Ribbit LEAP LEAP.WS 22 ROE % is 3.80% as of Jun. 2022, which is 92% below its 10-year median of 45.27. GuruFocus rates LEAP.WS with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Ribbit LEAP's annualized net income for the quarter that ended in Jun. 2022 was $14.67 Mil. Ribbit LEAP's average Total Stockholders Equity over the quarter that ended in Jun. 2022 was $386.03 Mil. Therefore, Ribbit LEAP's annualized ROE % for the quarter that ended in Jun. 2022 was 3.80%.

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

LEAP.WS' s ROE % Range Over the Past 10 Years
Min: 19.3   Med: 45.27   Max: 45.27
Current: 19.3

During the past 2 years, Ribbit LEAP's highest ROE % was 45.27%. The lowest was 19.30%. And the median was 45.27%.

LEAP.WS's ROE % is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.65 vs LEAP.WS: 19.30

Ribbit LEAP  (NYSE:LEAP.WS) 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. 2022 )
=Net Income/Total Stockholders Equity
=14.668/386.027
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(14.668 / 0)*(0 / 403.6455)*(403.6455 / 386.027)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.0456
=ROA %*Equity Multiplier
=N/A %*1.0456
=3.80 %

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. 2022 )
=Net Income/Total Stockholders Equity
=14.668/386.027
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (14.668 / 14.668) * (14.668 / -0.596) * (-0.596 / 0) * (0 / 403.6455) * (403.6455 / 386.027)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * -24.6107 * N/A % * 0 * 1.0456
=3.80 %

Note: The net income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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.


Ribbit LEAP ROE % Related Terms


Ribbit LEAP ROE % Historical Data

* Premium members only.

The historical data trend for Ribbit LEAP'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.

Ribbit LEAP ROE % Chart

Ribbit LEAP Annual Data
Trend Dec20 Dec21
ROE %
0.00 45.27

Ribbit LEAP Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
ROE % Get a 7-Day Free Trial 49.69 46.64 2.47 26.36 3.80

LEAP.WS vs HIGA, LHC, RNER: ROE % Comparison

For the Shell Companies subindustry, Ribbit LEAP'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.


Ribbit LEAP ROE % vs Diversified Financial Services Industry

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

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


LEAP.WS
22GF Score
Ribbit LEAP Ltd LEAP.WS
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ribbit LEAP ROE % Calculation

Ribbit LEAP's annualized ROE % for the fiscal year that ended in Dec. 2021 is calculated as

ROE %=Net Income (A: Dec. 2021 )/( (Total Stockholders Equity (A: Dec. 2020 )+Total Stockholders Equity (A: Dec. 2021 ))/ count )
=132.769/( (226.91+359.678)/ 2 )
=132.769/293.294
=45.27 %

Ribbit LEAP's annualized ROE % for the quarter that ended in Jun. 2022 is calculated as

ROE %=Net Income (Q: Jun. 2022 )/( (Total Stockholders Equity (Q: Mar. 2022 )+Total Stockholders Equity (Q: Jun. 2022 ))/ count )
=14.668/( (384.193+387.861)/ 2 )
=14.668/386.027
=3.80 %

* 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 (Jun. 2022) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 3.80% mean?
Ribbit LEAP (LEAP.WS) has a ROE % of 3.80% as of Jun. 2022. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Ribbit LEAP and its competitors. This is 92% below median its historical median of 45.27. Over the past decade, Ribbit LEAP's ROE % has ranged from 19.30 to 45.27.
Is Ribbit LEAP's ROE % too high?
Ribbit LEAP's current ROE % of 3.80% is 92% below median its 10-year median of 45.27. Over the past 10 years, this metric has ranged from a low of 19.30 to a high of 45.27. The Diversified Financial Services industry median ROE % is 1.65. Ribbit LEAP's value of 3.80% is 130.3% above this industry median. Overall, Ribbit LEAP has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Ribbit LEAP's ROE % compare to HIGA and LHC?
Ribbit LEAP's ROE % of 3.80% can be compared against companies in the Diversified Financial Services industry. The industry median ROE % is 1.65. Ribbit LEAP's value of 3.80% is 130.3% above this benchmark. Historically, Ribbit LEAP's own ROE % has ranged from 19.30 to 45.27 over the past decade. While the company's 10-year median is 45.27 vs. the industry median of 1.65, Ribbit LEAP has consistently been above the industry average. 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 Diversified Financial Services company?
The median ROE % among Diversified Financial Services companies is 1.65, based on 492 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. Ribbit LEAP's current ROE % of 3.80% is 130.3% above the industry median. 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 Ribbit LEAP and its competitors. For the Diversified Financial Services industry, the median ROE % is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ribbit LEAP's current ROE % is 3.80%, which is 92% below median its own 10-year median of 45.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ribbit LEAP stock overvalued right now?
Ribbit LEAP (LEAP.WS) has a current ROE % of 3.80%. The current ROE % is 3.80%, which is 92% below median its 10-year median of 45.27 and 130.3% above the Diversified Financial Services industry median of 1.65. Ribbit LEAP's overall GF Score™ is 22/100 with 1 warning sign to review. 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 Ribbit LEAP (LEAP.WS), the current ROE % is 3.80% as of Jun. 2022. 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.

Ribbit LEAP Business Description

Address 364 University Avenue, Palo Alto, CA, USA, 94301
Ribbit LEAP Ltd operates as a blank check company.
22GF Score

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