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Visium Technologies (Visium Technologies) ROE % : 0.00% (As of Mar. 2024)


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What is Visium Technologies ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Visium Technologies's annualized net income for the quarter that ended in Mar. 2024 was $-1.91 Mil. Visium Technologies's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $-4.82 Mil. Therefore, Visium Technologies's annualized ROE % for the quarter that ended in Mar. 2024 was N/A%.

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

During the past 13 years, Visium Technologies's highest ROE % was Negative Equity%. The lowest was 0.00%. And the median was Negative Equity%.

VISM's ROE % is not ranked *
in the Software industry.
Industry Median: 3.42
* Ranked among companies with meaningful ROE % only.

Visium Technologies ROE % Historical Data

The historical data trend for Visium 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.

Visium Technologies ROE % Chart

Visium Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROE %
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Visium Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Visium Technologies's ROE %

For the Software - Infrastructure subindustry, Visium 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.


Visium Technologies's ROE % Distribution in the Software Industry

For the Software industry and Technology sector, Visium Technologies's ROE % distribution charts can be found below:

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



Visium Technologies ROE % Calculation

Visium Technologies's annualized ROE % for the fiscal year that ended in Jun. 2023 is calculated as

ROE %=Net Income (A: Jun. 2023 )/( (Total Stockholders Equity (A: Jun. 2022 )+Total Stockholders Equity (A: Jun. 2023 ))/ count )
=-3.311/( (-2.794+-4.253)/ 2 )
=-3.311/-3.5235
=N/A %

Visium Technologies'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 )
=-1.912/( (-4.725+-4.91)/ 2 )
=-1.912/-4.8175
=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 (Mar. 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.


Visium Technologies  (OTCPK:VISM) 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
=-1.912/-4.8175
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.912 / 0)*(0 / 0.0375)*(0.0375 / -4.8175)
=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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-1.912/-4.8175
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.912 / -1.912) * (-1.912 / -1.676) * (-1.676 / 0) * (0 / 0.0375) * (0.0375 / -4.8175)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.1408 * N/A % * 0 * N/A
=N/A %

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.


Visium Technologies ROE % Related Terms

Thank you for viewing the detailed overview of Visium Technologies's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Visium Technologies (Visium Technologies) Business Description

Traded in Other Exchanges
N/A
Address
4094 Majestic Lane, Suite 360, Fairfax, VA, USA, 22033
Visium Technologies Inc is a Virginia based company focused on providing innovative cybersecurity solutions to businesses which protect and secure the operating landscape of the enterprise and their data assets. The Company operates in one business segment which technologies are focused on cybersecurity. The company's focus is on test and measurement, test and evaluation, and cybersecurity solutions to protect connected devices (Internet of Things, or "IoT" and Industrial Internet of Things "IIoT"). This includes securing industrial systems from penetration. The company do this through a proprietary IoT test platform which it calls the Cyber Physical Test Bench, and by visualizing and prioritizing remediation of technology risks.
Executives
Adote Solomon Nii Akwei director 623 RAVENGLASS DRIVE, BASEMENT, TOWNSEND DE 19734
Wayne Harrison Monk director 1220 CLUB COVE DR, GREENSBORO GA 30642
Thomas Michael Grbelja director, 10 percent owner 151 BIRCH ROAD, FRANKLIN LAKES NJ 07417
Mark Burdon Lucky officer: CFO 22900 SHAW ROAD, SUITE 111, STERLING VA 20166
Henry Jameson Holcombe officer: CEO 3513 BROADRUN DR, FAIRFAX VA 22033
Paul Anthony Favata director 110 18TH AVENUE SOUTH, SAINT PETERSBURG FL 33705
Sterling Kevin Yates officer: CEO 1201 MAIN ST., SUITE 1980, COLUMBIA SC 29201
Frank Phillip Reilly director 1415 SUNSET HARBOUR DRIVE, APT 406, MIAMI BEACH FL 33139
David S Brooks director 7 THACKERAY PLACE, DURHAM NC 27707
Richard Hersh director, officer: Chief Executive Officer 903 CLINT MOORE ROAD, BOCA RATON FL 33487
Brett L Kublin director 7311 NORTHEAST 1ST PLACE, MIAMI FL 33138
Michael J Darden director, officer: President 903 CLINT MOORE ROAD, BOCA RATON FL 33487