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Safe & Green Development (Safe & Green Development) ROE % : -553.04% (As of Mar. 2024)


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What is Safe & Green Development ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Safe & Green Development's annualized net income for the quarter that ended in Mar. 2024 was $-12.27 Mil. Safe & Green Development's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $2.22 Mil. Therefore, Safe & Green Development's annualized ROE % for the quarter that ended in Mar. 2024 was -553.04%.

The historical rank and industry rank for Safe & Green Development's ROE % or its related term are showing as below:

SGD' s ROE % Range Over the Past 10 Years
Min: -207.3   Med: -169.55   Max: -131.79
Current: -153.68

During the past 3 years, Safe & Green Development's highest ROE % was -131.79%. The lowest was -207.30%. And the median was -169.55%.

SGD's ROE % is ranked worse than
98.42% of 1770 companies
in the Real Estate industry
Industry Median: 2.59 vs SGD: -153.68

Safe & Green Development ROE % Historical Data

The historical data trend for Safe & Green Development'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.

Safe & Green Development ROE % Chart

Safe & Green Development Annual Data
Trend Dec21 Dec22 Dec23
ROE %
- -131.79 -207.30

Safe & Green Development Quarterly Data
Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only -86.34 -53.60 -73.55 -198.22 -553.04

Competitive Comparison of Safe & Green Development's ROE %

For the Real Estate - Development subindustry, Safe & Green Development'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.


Safe & Green Development's ROE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Safe & Green Development's ROE % distribution charts can be found below:

* The bar in red indicates where Safe & Green Development's ROE % falls into.



Safe & Green Development ROE % Calculation

Safe & Green Development's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-4.201/( (2.165+1.888)/ 2 )
=-4.201/2.0265
=-207.30 %

Safe & Green Development's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-12.272/( (1.888+2.55)/ 2 )
=-12.272/2.219
=-553.04 %

* 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. 2024) net income data. ROE % is displayed in the 30-year financial page.


Safe & Green Development  (NAS:SGD) 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. 2024 )
=Net Income/Total Stockholders Equity
=-12.272/2.219
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-12.272 / 0.2)*(0.2 / 10.6865)*(10.6865 / 2.219)
=Net Margin %*Asset Turnover*Equity Multiplier
=-6136 %*0.0187*4.8159
=ROA %*Equity Multiplier
=-114.74 %*4.8159
=-553.04 %

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. 2024 )
=Net Income/Total Stockholders Equity
=-12.272/2.219
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-12.272 / -12.272) * (-12.272 / -10.008) * (-10.008 / 0.2) * (0.2 / 10.6865) * (10.6865 / 2.219)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.2262 * -5004 % * 0.0187 * 4.8159
=-553.04 %

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


Safe & Green Development ROE % Related Terms

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Safe & Green Development (Safe & Green Development) Business Description

Traded in Other Exchanges
N/A
Address
990 Biscayne Blvd, Suite 501, Office 12, Miami, FL, USA, 33132
Safe & Green Development Corp is a real estate development company that focuses on the development of sites using purpose built, prefabricated modules built from both wood & steel, sourced from one of Safe & Green Holdings factories.
Executives
Paul M. Galvin director C/O SG BLOCKS, INC., 400 MADISON AVENUE, SUITE 16C, NEW YORK NY 10017
Christopher Melton director C/O SG BLOCKS, INC., 400 MADISON AVENUE, SUITE 16C, NEW YORK NY 10017
Yaniv Blumenfeld director C/O SG BLOCKS, INC., 195 MONTAGUE STREET, 14TH FLOOR, BROOKLYN NY 11201
J. Scott Magrane director C/O SG BLOCKS, INC., 400 MADISON AVENUE, SUITE 16C, NEW YORK NY 10017
Jeffrey C. Tweedy director C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
David Roberto Villarreal director, officer: Chief Executive Officer 17 STATE STREET, 19TH FLOOR, NEW YORK NY 10004
Safe & Green Holdings Corp. director 195 MONTAGUE STREET, 14TH FLOOR, BROOKLYN NY 11201
Peter G. Demaria director 990 BISCAYNE BLVD., #501, OFFICE 12, MIAMI FL 33132
Alyssa L. Richardson director 990 BISCAYNE BLVD., #501, OFFICE 12, MIAMI FL 33132
Nicolai Ayrton Brune officer: Chief Financial Officer 990 BISCAYNE BLVD., #501, OFFICE 12, MIAMI FL 33132