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Gen2 Technologies (Gen2 Technologies) ROE % : 0.00% (As of Oct. 2017)


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What is Gen2 Technologies ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Gen2 Technologies's annualized net income for the quarter that ended in Oct. 2017 was $-0.42 Mil. Gen2 Technologies's average Total Stockholders Equity over the quarter that ended in Oct. 2017 was $-0.99 Mil. Therefore, Gen2 Technologies's annualized ROE % for the quarter that ended in Oct. 2017 was N/A%.

The historical rank and industry rank for Gen2 Technologies's ROE % or its related term are showing as below:

MNIZ's ROE % is not ranked *
in the Media - Diversified industry.
Industry Median: 2.57
* Ranked among companies with meaningful ROE % only.

Gen2 Technologies ROE % Historical Data

The historical data trend for Gen2 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.

* Premium members only.

Gen2 Technologies ROE % Chart

Gen2 Technologies Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
ROE %
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Gen2 Technologies Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17
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 Premium Member Only Premium Member Only -246.63 -51.12 - Negative Equity -

Competitive Comparison of Gen2 Technologies's ROE %

For the Broadcasting subindustry, Gen2 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.


Gen2 Technologies's ROE % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Gen2 Technologies's ROE % distribution charts can be found below:

* The bar in red indicates where Gen2 Technologies's ROE % falls into.



Gen2 Technologies ROE % Calculation

Gen2 Technologies's annualized ROE % for the fiscal year that ended in Apr. 2017 is calculated as

ROE %=Net Income (A: Apr. 2017 )/( (Total Stockholders Equity (A: Apr. 2016 )+Total Stockholders Equity (A: Apr. 2017 ))/ count )
=-0.973/( (-0.362+-3.105)/ 2 )
=-0.973/-1.7335
=N/A %

Gen2 Technologies's annualized ROE % for the quarter that ended in Oct. 2017 is calculated as

ROE %=Net Income (Q: Oct. 2017 )/( (Total Stockholders Equity (Q: Jul. 2017 )+Total Stockholders Equity (Q: Oct. 2017 ))/ count )
=-0.416/( (-0.97+-1.018)/ 2 )
=-0.416/-0.994
=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 (Oct. 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.


Gen2 Technologies  (OTCPK:MNIZ) 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: Oct. 2017 )
=Net Income/Total Stockholders Equity
=-0.416/-0.994
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.416 / 0)*(0 / 0.021)*(0.021 / -0.994)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*N/A
=ROA %*Equity Multiplier
=N/A %*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: Oct. 2017 )
=Net Income/Total Stockholders Equity
=-0.416/-0.994
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.416 / -0.416) * (-0.416 / -0.42) * (-0.42 / 0) * (0 / 0.021) * (0.021 / -0.994)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.9905 * N/A % * 0 * N/A
=N/A %

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


Gen2 Technologies ROE % Related Terms

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Gen2 Technologies (Gen2 Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1955 Baring Boulvard, Suite A, Sparks, NV, USA, 89434
Gen2 Technologies Inc is the next generation in live-action broadcasting technology. It is a full-service provider geared to professional leagues and athletes, whether it be traditional sports, extreme sports, or esports, that allows fans to watch them in action from perspectives that do not exist.