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AmmPower (XCNQ:AMMP) ROE % : Negative Equity% (As of Aug. 2024)


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What is AmmPower ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. AmmPower's annualized net income for the quarter that ended in Aug. 2024 was C$1.02 Mil. AmmPower's average Total Stockholders Equity over the quarter that ended in Aug. 2024 was C$-4.15 Mil. Therefore, AmmPower's annualized ROE % for the quarter that ended in Aug. 2024 was Negative Equity%.

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

XCNQ:AMMP's ROE % is not ranked *
in the Metals & Mining industry.
Industry Median: -16.98
* Ranked among companies with meaningful ROE % only.

AmmPower ROE % Historical Data

The historical data trend for AmmPower'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.

AmmPower ROE % Chart

AmmPower Annual Data
Trend May20 May21 May22 May23 May24
ROE %
-13.55 -1,019.99 -1,008.06 - -

AmmPower Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 - - - - Negative Equity

Competitive Comparison of AmmPower's ROE %

For the Gold subindustry, AmmPower'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.


AmmPower's ROE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, AmmPower's ROE % distribution charts can be found below:

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



AmmPower ROE % Calculation

AmmPower's annualized ROE % for the fiscal year that ended in May. 2024 is calculated as

ROE %=Net Income (A: May. 2024 )/( (Total Stockholders Equity (A: May. 2023 )+Total Stockholders Equity (A: May. 2024 ))/ count )
=-3.456/( (-1.627+-4.331)/ 2 )
=-3.456/-2.979
=N/A %

AmmPower's annualized ROE % for the quarter that ended in Aug. 2024 is calculated as

ROE %=Net Income (Q: Aug. 2024 )/( (Total Stockholders Equity (Q: May. 2024 )+Total Stockholders Equity (Q: Aug. 2024 ))/ count )
=1.02/( (-4.331+-3.977)/ 2 )
=1.02/-4.154
=Negative Equity %

* 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 (Aug. 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.


AmmPower  (XCNQ:AMMP) 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: Aug. 2024 )
=Net Income/Total Stockholders Equity
=1.02/-4.154
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.02 / 0)*(0 / 3.0805)*(3.0805 / -4.154)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*N/A
=ROA %*Equity Multiplier
=N/A %*N/A
=Negative Equity %

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: Aug. 2024 )
=Net Income/Total Stockholders Equity
=1.02/-4.154
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1.02 / 1.124) * (1.124 / -0.928) * (-0.928 / 0) * (0 / 3.0805) * (3.0805 / -4.154)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9075 * -1.2112 * N/A % * 0 * N/A
=Negative Equity %

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


AmmPower ROE % Related Terms

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


AmmPower Business Description

Traded in Other Exchanges
Address
5 Hazelton Avenue, Toronto, ON, CAN, M5R 2E1
AmmPower Corp is a clean energy company focused on the production of green ammonia. It is active in all facets of green ammonia technology, including the production of green fertilizers, carbon-free shipping fuel, and the 'cracking', or moving of green hydrogen as ammonia. The company operates in one business segment: which is the development of a proprietary technology to produce green ammonia, a carbon-free fertilizer and energy carrier. The company operates in Canada and the United States of which it generates the majority of its revenue from the United States.
Executives
Aberdeen International Inc. 10% Security Holder
Rene Bharti Director, Senior Officer
Faizaan Lalani Director, Senior Officer
Arthur Brown Director

AmmPower Headlines

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