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Lighting Science Group (Lighting Science Group) ROE % : 0.00% (As of Mar. 2017)


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What is Lighting Science Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Lighting Science Group's annualized net income for the quarter that ended in Mar. 2017 was $-31.20 Mil. Lighting Science Group's average Total Stockholders Equity over the quarter that ended in Mar. 2017 was $-307.05 Mil. Therefore, Lighting Science Group's annualized ROE % for the quarter that ended in Mar. 2017 was N/A%.

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

LSCG's ROE % is not ranked *
in the Industrial Products industry.
Industry Median: 6.73
* Ranked among companies with meaningful ROE % only.

Lighting Science Group ROE % Historical Data

The historical data trend for Lighting Science Group'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.

Lighting Science Group ROE % Chart

Lighting Science Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
ROE %
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Lighting Science Group Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Competitive Comparison of Lighting Science Group's ROE %

For the Electrical Equipment & Parts subindustry, Lighting Science Group'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.


Lighting Science Group's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lighting Science Group's ROE % distribution charts can be found below:

* The bar in red indicates where Lighting Science Group's ROE % falls into.



Lighting Science Group ROE % Calculation

Lighting Science Group's annualized ROE % for the fiscal year that ended in Dec. 2016 is calculated as

ROE %=Net Income (A: Dec. 2016 )/( (Total Stockholders Equity (A: Dec. 2015 )+Total Stockholders Equity (A: Dec. 2016 ))/ count )
=-15.596/( (-19.19+-26.012)/ 2 )
=-15.596/-22.601
=N/A %

Lighting Science Group's annualized ROE % for the quarter that ended in Mar. 2017 is calculated as

ROE %=Net Income (Q: Mar. 2017 )/( (Total Stockholders Equity (Q: Dec. 2016 )+Total Stockholders Equity (Q: Mar. 2017 ))/ count )
=-31.196/( (-26.012+-588.09)/ 2 )
=-31.196/-307.051
=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. 2017) 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.


Lighting Science Group  (OTCPK:LSCG) 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. 2017 )
=Net Income/Total Stockholders Equity
=-31.196/-307.051
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-31.196 / 37.348)*(37.348 / 28.9975)*(28.9975 / -307.051)
=Net Margin %*Asset Turnover*Equity Multiplier
=-83.53 %*1.288*N/A
=ROA %*Equity Multiplier
=-107.59 %*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. 2017 )
=Net Income/Total Stockholders Equity
=-31.196/-307.051
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-31.196 / -31.196) * (-31.196 / -16.568) * (-16.568 / 37.348) * (37.348 / 28.9975) * (28.9975 / -307.051)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.8829 * -44.36 % * 1.288 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Mar. 2017) net income data. The Revenue data used here is four times the quarterly (Mar. 2017) 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.


Lighting Science Group ROE % Related Terms

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


Lighting Science Group (Lighting Science Group) Business Description

Traded in Other Exchanges
N/A
Address
1350 Division Road, Suite 102, Melbourne, FL, USA, 32901
Lighting Science Group Corp provides LED solutions for home and businesses. Its products include LED lights, biological lamps, types of bulbs, LED tubes, grow light, solar street light, durabulb etc. The company has patents for its most of the products.
Executives
Pegasus Capital Llc 10 percent owner C/O PEGASUS CAPITAL ADVISORS, L.P., 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902
Craig M Cogut director, 10 percent owner C/O PEGASUS CAPITAL ADVISORS, L.P., 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902
James L Jones director ONE INVACARE WAY, ELYRIA OH 44035
Pegasus Partners Iv Lp director, 10 percent owner 99 RIVER ROAD, COS COB CT 06807
Dennis Mcgill director 3601 PLAINS BLVD, STE 1, AMARILLO TX 79102
Pegasus Investors Iv Gp, Llc director, 10 percent owner C/O PEGASUS CAPITAL ADVISORS, L.P., 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902
Pegasus Investors Iv, L.p. director, 10 percent owner C/O PEGASUS CAPITAL ADVISORS, L.P., 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902
Thomas J Smach director C/O FLEXTRONICS INTERNATIONAL LTD, 2090 FORTUNE DRIVE, SAN JOSE CA 95131
Nicholas Brathwaite director C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
F Philip Handy director C/O WINTER PARK CAPITAL COMPANY, 222 S PENNSYLVANIA AVE STE 200, WINTER PARK FL 32789
Daas Kaj Den director EIFELLAAN #3, 5691 GW, SON EN BREUGEL P7 00000
Steven Marton officer: Chief Executive Officer C/O LIGHTING SCIENCE GROUP CORPORATION, 1227 SOUTH PATRICK DRIVE, BUILDING 2A, SATELLITE BEACH FL 32937
Andrew S. Cooper director C/O PEGASUS CAPITAL ADVISORS, L.P. 99 RIVER ROAD COS COB CT 06807
Michael W Kempner director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
David Arthur Bell director C/O TIME INC., 225 LIBERTY STREET, NEW YORK NY 10281

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