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Vahanna Tech Edge Acquisition I (Vahanna Tech Edge Acquisition I) ROE % : 0.05% (As of Jun. 2023)


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What is Vahanna Tech Edge Acquisition I ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Vahanna Tech Edge Acquisition I's annualized net income for the quarter that ended in Jun. 2023 was $0.10 Mil. Vahanna Tech Edge Acquisition I's average Total Stockholders Equity over the quarter that ended in Jun. 2023 was $199.44 Mil. Therefore, Vahanna Tech Edge Acquisition I's annualized ROE % for the quarter that ended in Jun. 2023 was 0.05%.

The historical rank and industry rank for Vahanna Tech Edge Acquisition I's ROE % or its related term are showing as below:

VHNA' s ROE % Range Over the Past 10 Years
Min: 0.49   Med: 0.49   Max: 0.68
Current: 0.68

During the past 2 years, Vahanna Tech Edge Acquisition I's highest ROE % was 0.68%. The lowest was 0.49%. And the median was 0.49%.

VHNA's ROE % is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.38 vs VHNA: 0.68

Vahanna Tech Edge Acquisition I ROE % Historical Data

The historical data trend for Vahanna Tech Edge Acquisition I'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.

Vahanna Tech Edge Acquisition I ROE % Chart

Vahanna Tech Edge Acquisition I Annual Data
Trend Dec21 Dec22
ROE %
- 0.49

Vahanna Tech Edge Acquisition I Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
ROE % Get a 7-Day Free Trial Premium Member Only -0.18 1.43 1.06 0.18 0.05

Competitive Comparison of Vahanna Tech Edge Acquisition I's ROE %

For the Shell Companies subindustry, Vahanna Tech Edge Acquisition I'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.


Vahanna Tech Edge Acquisition I's ROE % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Vahanna Tech Edge Acquisition I's ROE % distribution charts can be found below:

* The bar in red indicates where Vahanna Tech Edge Acquisition I's ROE % falls into.



Vahanna Tech Edge Acquisition I ROE % Calculation

Vahanna Tech Edge Acquisition I's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=0.983/( (198.352+199.336)/ 2 )
=0.983/198.844
=0.49 %

Vahanna Tech Edge Acquisition I's annualized ROE % for the quarter that ended in Jun. 2023 is calculated as

ROE %=Net Income (Q: Jun. 2023 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Jun. 2023 ))/ count )
=0.104/( (199.427+199.453)/ 2 )
=0.104/199.44
=0.05 %

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


Vahanna Tech Edge Acquisition I  (NAS:VHNA) 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: Jun. 2023 )
=Net Income/Total Stockholders Equity
=0.104/199.44
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.104 / 0)*(0 / 211.344)*(211.344 / 199.44)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.0597
=ROA %*Equity Multiplier
=N/A %*1.0597
=0.05 %

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: Jun. 2023 )
=Net Income/Total Stockholders Equity
=0.104/199.44
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.104 / 0.104) * (0.104 / -8.804) * (-8.804 / 0) * (0 / 211.344) * (211.344 / 199.44)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * -0.0118 * N/A % * 0 * 1.0597
=0.05 %

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


Vahanna Tech Edge Acquisition I ROE % Related Terms

Thank you for viewing the detailed overview of Vahanna Tech Edge Acquisition I's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Vahanna Tech Edge Acquisition I (Vahanna Tech Edge Acquisition I) Business Description

Traded in Other Exchanges
N/A
Address
1230 Avenue of the Americas, 16th Floor, New York, NY, USA, 10020
Vahanna Tech Edge Acquisition I Corp is a newly blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Avacara Pte, Ltd. 10 percent owner 14 ROBINSON ROAD, #12-01/02, FAR EAST FINANCE BUILDING, SINGAPORE U0 048545
Steven J. Carlson director C/O QUANTUM FINTECH ACQUISITION CORP, 4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607
Zoe Ashcroft director C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Ankur Kamboj officer: Chief Operating Officer C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Mohit Pasricha officer: Chief Financial Officer C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Rohan Malhotra director, officer: Chief Executive Officer C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Supurna Vedbrat director C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Xavier Blanchard officer: See Remarks C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Akshaya Bhargava 10 percent owner C/O VAHANNA TECH EDGE ACQUISITION I CORP, 1230 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK NY 10020
Vinode Ramgopal 10 percent owner C/O VAHANNA TECH EDGE ACQUISITION I CORP, 1230 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK NY 10020
Ajay Shah director 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Abha Kumar director C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010
Karan Puri officer: Chief Executive Officer C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010
Vahanna Llc 10 percent owner C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010
Saurav Adhikari director, officer: Chairman C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010

Vahanna Tech Edge Acquisition I (Vahanna Tech Edge Acquisition I) Headlines

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