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Goodbye Kansas Group AB (OSTO:GBK) ROE % : Negative Equity% (As of Dec. 2024)


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What is Goodbye Kansas Group AB ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Goodbye Kansas Group AB's annualized net income for the quarter that ended in Dec. 2024 was kr27.9 Mil. Goodbye Kansas Group AB's average Total Stockholders Equity over the quarter that ended in Dec. 2024 was kr-22.7 Mil. Therefore, Goodbye Kansas Group AB's annualized ROE % for the quarter that ended in Dec. 2024 was Negative Equity%.

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

OSTO:GBK's ROE % is not ranked *
in the Media - Diversified industry.
Industry Median: 1.665
* Ranked among companies with meaningful ROE % only.

Goodbye Kansas Group AB ROE % Historical Data

The historical data trend for Goodbye Kansas Group AB'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.

Goodbye Kansas Group AB ROE % Chart

Goodbye Kansas Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROE %
Get a 7-Day Free Trial Premium Member Only -61.78 -27.86 -244.25 -5,000.87 -

Goodbye Kansas Group AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Negative Equity -2,200.05 - - Negative Equity

Competitive Comparison of Goodbye Kansas Group AB's ROE %

For the Entertainment subindustry, Goodbye Kansas Group AB'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.


Goodbye Kansas Group AB's ROE % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Goodbye Kansas Group AB's ROE % distribution charts can be found below:

* The bar in red indicates where Goodbye Kansas Group AB's ROE % falls into.



Goodbye Kansas Group AB ROE % Calculation

Goodbye Kansas Group AB's annualized ROE % for the fiscal year that ended in Dec. 2024 is calculated as

ROE %=Net Income (A: Dec. 2024 )/( (Total Stockholders Equity (A: Dec. 2023 )+Total Stockholders Equity (A: Dec. 2024 ))/ count )
=-52.467/( (16.503+-19.042)/ 2 )
=-52.467/-1.2695
=N/A %

Goodbye Kansas Group AB's annualized ROE % for the quarter that ended in Dec. 2024 is calculated as

ROE %=Net Income (Q: Dec. 2024 )/( (Total Stockholders Equity (Q: Sep. 2024 )+Total Stockholders Equity (Q: Dec. 2024 ))/ count )
=27.872/( (-26.436+-19.042)/ 2 )
=27.872/-22.739
=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 (Dec. 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.


Goodbye Kansas Group AB  (OSTO:GBK) 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: Dec. 2024 )
=Net Income/Total Stockholders Equity
=27.872/-22.739
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(27.872 / 283.276)*(283.276 / 40.784)*(40.784 / -22.739)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.84 %*6.9458*N/A
=ROA %*Equity Multiplier
=68.35 %*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: Dec. 2024 )
=Net Income/Total Stockholders Equity
=27.872/-22.739
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (27.872 / 27.872) * (27.872 / 31.096) * (31.096 / 283.276) * (283.276 / 40.784) * (40.784 / -22.739)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.8963 * 10.98 % * 6.9458 * N/A
=Negative Equity %

Note: The net income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Goodbye Kansas Group AB ROE % Related Terms

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Goodbye Kansas Group AB Business Description

Traded in Other Exchanges
Address
Hammarbyterrassen 3, Stockholm, SWE, SE-120 30
Goodbye Kansas Group AB specializes in visual content and technology. The company develops products and solutions based on the latest technology with a focus on Visual Effects (VFX), Animation, Game Trailers, and In-Game. The group is organized in two parts: Goodbye Kansas Studios and Other Operations. Goodbye Kansas Studios includes the studio business which offers visual content to film, TV and gaming. Other operations include the companies Vobling which offers virtual training through VR and Plotagon Production which offers an app for 3D animation.

Goodbye Kansas Group AB Headlines

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