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VTXB (Vortex Brands Co) ROE % : -1,900.00% (As of Jun. 2007)


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What is Vortex Brands Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Vortex Brands Co's annualized net income for the quarter that ended in Jun. 2007 was $-0.04 Mil. Vortex Brands Co's average Total Stockholders Equity over the quarter that ended in Jun. 2007 was $0.00 Mil. Therefore, Vortex Brands Co's annualized ROE % for the quarter that ended in Jun. 2007 was -1,900.00%.

The historical rank and industry rank for Vortex Brands Co's ROE % or its related term are showing as below:

VTXB's ROE % is not ranked *
in the Capital Markets industry.
Industry Median: 5.68
* Ranked among companies with meaningful ROE % only.

Vortex Brands Co ROE % Historical Data

The historical data trend for Vortex Brands Co'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.

Vortex Brands Co ROE % Chart

Vortex Brands Co Annual Data
Trend Jun05 Jun06 Jun07
ROE %
- -80.95 -1,900.00

Vortex Brands Co Semi-Annual Data
Jun05 Jun06 Jun07
ROE % - -80.95 -1,900.00

Competitive Comparison of Vortex Brands Co's ROE %

For the Capital Markets subindustry, Vortex Brands Co'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.


Vortex Brands Co's ROE % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Vortex Brands Co's ROE % distribution charts can be found below:

* The bar in red indicates where Vortex Brands Co's ROE % falls into.



Vortex Brands Co ROE % Calculation

Vortex Brands Co's annualized ROE % for the fiscal year that ended in Jun. 2007 is calculated as

ROE %=Net Income (A: Jun. 2007 )/( (Total Stockholders Equity (A: Jun. 2006 )+Total Stockholders Equity (A: Jun. 2007 ))/ count )
=-0.038/( (0.021+-0.017)/ 2 )
=-0.038/0.002
=-1,900.00 %

Vortex Brands Co's annualized ROE % for the quarter that ended in Jun. 2007 is calculated as

ROE %=Net Income (Q: Jun. 2007 )/( (Total Stockholders Equity (Q: Jun. 2006 )+Total Stockholders Equity (Q: Jun. 2007 ))/ count )
=-0.038/( (0.021+-0.017)/ 2 )
=-0.038/0.002
=-1,900.00 %

* 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 one times the annual (Jun. 2007) net income data. ROE % is displayed in the 30-year financial page.


Vortex Brands Co  (OTCPK:VTXB) 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. 2007 )
=Net Income/Total Stockholders Equity
=-0.038/0.002
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.038 / 0)*(0 / 0.036)*(0.036 / 0.002)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*18
=ROA %*Equity Multiplier
=N/A %*18
=-1,900.00 %

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. 2007 )
=Net Income/Total Stockholders Equity
=-0.038/0.002
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.038 / 0) * (0 / -0.038) * (-0.038 / 0) * (0 / 0.036) * (0.036 / 0.002)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= N/A * 0 * N/A % * 0 * 18
=-1,900.00 %

Note: The net income data used here is one times the annual (Jun. 2007) net income data. The Revenue data used here is one times the annual (Jun. 2007) 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.


Vortex Brands Co ROE % Related Terms

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Vortex Brands Co Business Description

Traded in Other Exchanges
N/A
Address
3511 Del Paso Road, Suite 160 PMB 432, Sacramento, CA, USA, 95835
Vortex Brands Co is involved in Bitcoin mining. The company is actively mining Bitcoin by purchasing and maintaining ASIC (application-specific integrated circuit) computers specifically designed for Bitcoin mining and scaling up mining operations.
Executives
Alfred M. Dube director 950 17TH STREET, SUITE 2300, DENVER CO 80202
David Weisgerber officer: Executive Officer 950 17TH STREET, SUITE 2300, DENVER CO 80202
James Hostetler officer: Executive Vice President 950 17TH STREET, SUITE 2300, DENVER CO 80202
Brian D. Hughes director, 10 percent owner 950 17TH STREET, SUITE 2300, DENVER CO 80202
Keith Reeves officer: Vice President of Exploration 950 17TH STREET, SUITE 2300, DENVER CO 80202
Hughes Lllp Lma 10 percent owner 8400 EAST PRENTICE AVENUE, PH 1500, GREENWOOD VILLAGE CO 80111
Mohamed H. Gova director, other: Vice Chairman 122 NORTH MAIN STREET, SHERIDAN WY 82801
Paul Stroud director, officer: PRESIDENT & CEO 950 SEVENTEENTH STREET, SUITE 2300, DENVER CO 80202
Pierre Besuchet director 29 QUAI DES BERGUES, GENEVA V8 1201
Al Fahim Abdul Majeed Ismail director 950 17TH STREET, SUITE 2300, DENVER CO 80202