TSGO (Trade School Go) ROE %: -88.28% (As of Sep. 2023)


TSGO Trade School Go Inc TSGO
12 GF Score
Price $0.12
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What is Trade School Go ROE %?

Trade School Go TSGO -8.81% 12 ROE % is -88.28% as of Sep. 2023. GuruFocus rates TSGO with a GF Score™ of 12/100.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Trade School Go's annualized net income for the quarter that ended in Sep. 2023 was $-1.15 Mil. Trade School Go's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was $1.31 Mil. Therefore, Trade School Go's annualized ROE % for the quarter that ended in Sep. 2023 was -88.28%.

The historical rank and industry rank for Trade School Go's ROE % or its related term are showing as below:

TSGO's ROE % is not ranked *
in the Education industry.
Industry Median: 7.31
* Ranked among companies with meaningful ROE % only.

Trade School Go  (OTCPK:TSGO) 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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-1.152/1.305
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.152 / 4.704)*(4.704 / 3.173)*(3.173 / 1.305)
=Net Margin %*Asset Turnover*Equity Multiplier
=-24.49 %*1.4825*2.4314
=ROA %*Equity Multiplier
=-36.31 %*2.4314
=-88.28 %

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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-1.152/1.305
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.152 / -1.152) * (-1.152 / 0.668) * (0.668 / 4.704) * (4.704 / 3.173) * (3.173 / 1.305)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * -1.7246 * 14.2 % * 1.4825 * 2.4314
=-88.28 %

Note: The net income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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.


Trade School Go ROE % Related Terms


Trade School Go ROE % Historical Data

* Premium members only.

The historical data trend for Trade School Go'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.

Trade School Go ROE % Chart

Trade School Go Annual Data
Trend Oct07 Oct08 Oct09 Oct12 Oct13 Dec14 Dec15 Dec16 Dec17 Dec18
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 -177.90 -163.10 -989.28 -755.61

Trade School Go Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Sep22 Sep23
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 -253.72 -107.89 -242.59 69.31 -88.28

TSGO vs FRZT, WINR, VRVR: ROE % Comparison

For the Education & Training Services subindustry, Trade School Go'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.


Trade School Go ROE % vs Education Industry

For the Education industry and Consumer Defensive sector, Trade School Go's ROE % distribution charts can be found below:

* The bar in red indicates where Trade School Go's ROE % falls into.


TSGO
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Trade School Go Inc TSGO
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Trade School Go ROE % Calculation

Trade School Go's annualized ROE % for the fiscal year that ended in Dec. 2018 is calculated as

ROE %=Net Income (A: Dec. 2018 )/( (Total Stockholders Equity (A: Dec. 2017 )+Total Stockholders Equity (A: Dec. 2018 ))/ count )
=-2.996/( (-0.375+1.168)/ 2 )
=-2.996/0.3965
=-755.61 %

Trade School Go's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Sep. 2022 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=-1.152/( (0+1.305)/ 1 )
=-1.152/1.305
=-88.28 %

* 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 (Sep. 2023) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -88.28% mean?
Trade School Go (TSGO) has a ROE % of -88.28% as of Sep. 2023. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Trade School Go and its competitors.
Is Trade School Go's ROE % too high?
Trade School Go's current ROE % is -88.28%. Overall, Trade School Go has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Trade School Go's ROE % compare to FRZT and WINR?
Trade School Go's ROE % of -88.28% can be compared against companies in the Education industry. The industry median ROE % is 7.31. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Education company?
The median ROE % among Education companies is 7.31, based on 263 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 Trade School Go and its competitors. For the Education industry, the median ROE % is 7.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trade School Go's current ROE % is -88.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trade School Go stock overvalued right now?
Trade School Go (TSGO) has a current ROE % of -88.28%. The current ROE % is -88.28%. Trade School Go's overall GF Score™ is 12/100. 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 Trade School Go (TSGO), the current ROE % is -88.28% as of Sep. 2023. 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.

Trade School Go Business Description

Address 1776 Broadway, Suite 2002, New York, NY, USA, 10019
Trade School Go Inc is engaged in providing right training program for in-demand trades like electrical work, plumbing, HVAC, welding, automotive technology, healthcare, IT, and more. It provides guidance to individuals through every step - from choosing a program to understanding licensing requirements to landing a job.
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