MIXE (Mixie Technologies) ROE %: Negative Equity% (As of Mar. 2022)

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What is Mixie Technologies ROE %?

Mixie Technologies MIXE -5.26% ROE % is Negative Equity% as of Mar. 2022.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mixie Technologies's annualized net income for the quarter that ended in Mar. 2022 was $0.93 Mil. Mixie Technologies's average Total Stockholders Equity over the quarter that ended in Mar. 2022 was $-1.03 Mil. Therefore, Mixie Technologies's annualized ROE % for the quarter that ended in Mar. 2022 was Negative Equity%.

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

MIXE's ROE % is not ranked *
in the Software industry.
Industry Median: 4.74
* Ranked among companies with meaningful ROE % only.

Mixie Technologies  (OTCPK:MIXE) 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. 2022 )
=Net Income/Total Stockholders Equity
=0.928/-1.033
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.928 / 1.692)*(1.692 / 8.744)*(8.744 / -1.033)
=Net Margin %*Asset Turnover*Equity Multiplier
=54.85 %*0.1935*N/A
=ROA %*Equity Multiplier
=10.61 %*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: Mar. 2022 )
=Net Income/Total Stockholders Equity
=0.928/-1.033
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.928 / 0.928) * (0.928 / 0.928) * (0.928 / 1.692) * (1.692 / 8.744) * (8.744 / -1.033)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1 * 54.85 % * 0.1935 * N/A
=Negative Equity %

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


Mixie Technologies ROE % Related Terms


Mixie Technologies ROE % Historical Data

* Premium members only.

The historical data trend for Mixie Technologies'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.

Mixie Technologies ROE % Chart

Mixie Technologies Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21
ROE %
0.00 0.00 -69.95 -171.47 -977.77

Mixie Technologies Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 -317.18 -911.26 -1,223.87 -10,220.59 Negative Equity

MIXE vs THCT, IGPK, DVLP: ROE % Comparison

For the Software - Infrastructure subindustry, Mixie Technologies'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.


Mixie Technologies ROE % vs Software Industry

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

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



Mixie Technologies ROE % Calculation

Mixie Technologies'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 )
=-13.987/( (4.02+-1.159)/ 2 )
=-13.987/1.4305
=-977.77 %

Mixie Technologies's annualized ROE % for the quarter that ended in Mar. 2022 is calculated as

ROE %=Net Income (Q: Mar. 2022 )/( (Total Stockholders Equity (Q: Dec. 2021 )+Total Stockholders Equity (Q: Mar. 2022 ))/ count )
=0.928/( (-1.159+-0.907)/ 2 )
=0.928/-1.033
=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 four times the quarterly (Mar. 2022) 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of Negative Equity% mean?
Mixie Technologies (MIXE) has a ROE % of Negative Equity% as of Mar. 2022. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Mixie Technologies and its competitors.
Is Mixie Technologies' ROE % too high?
Mixie Technologies' current ROE % is Negative Equity%.
How does Mixie Technologies' ROE % compare to THCT and IGPK?
Mixie Technologies' ROE % of Negative Equity% can be compared against companies in the Software industry. The industry median ROE % is 4.74. 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 Software company?
The median ROE % among Software companies is 4.74, based on 2,683 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. 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 Mixie Technologies and its competitors. For the Software industry, the median ROE % is 4.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mixie Technologies's current ROE % is Negative Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mixie Technologies stock overvalued right now?
Mixie Technologies (MIXE) has a current ROE % of Negative Equity%. The current ROE % is Negative Equity%. 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 Mixie Technologies (MIXE), the current ROE % is Negative Equity% as of Mar. 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.

Mixie Technologies Business Description

Address 1500 N. Grant St, Ste R, Denver, CO, USA, 80203
Pure Harvest Corporate Group Inc is currently operating as a business consulting services company. It operates as a technology-focused platform engaged in the acquisition, development, and integration of digital assets and intellectual property. Its current centers on identifying and acquiring scalable technology platforms and related intellectual property that can be developed, commercialized, or licensed across multiple industries. The Company's operations are focused on building an integrated ecosystem of digital solutions, including software platforms, media technologies, and data-driven applications, with an emphasis on long-term value creation through strategic acquisitions and partnerships.