GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xenonics Holdings Inc (OTCPK:XNNHQ) » Definitions » ROE %

Xenonics Holdings (Xenonics Holdings) ROE % : Negative Equity% (As of Jun. 2015)


View and export this data going back to 1999. Start your Free Trial

What is Xenonics Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Xenonics Holdings's annualized net income for the quarter that ended in Jun. 2015 was $1.03 Mil. Xenonics Holdings's average Total Stockholders Equity over the quarter that ended in Jun. 2015 was $-3.78 Mil. Therefore, Xenonics Holdings's annualized ROE % for the quarter that ended in Jun. 2015 was Negative Equity%.

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

XNNHQ's ROE % is not ranked *
in the Industrial Products industry.
Industry Median: 6.73
* Ranked among companies with meaningful ROE % only.

Xenonics Holdings ROE % Historical Data

The historical data trend for Xenonics Holdings'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.

Xenonics Holdings ROE % Chart

Xenonics Holdings Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -59.39 -2.83 -105.49 -477.40 -

Xenonics Holdings Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 - - - - Negative Equity

Competitive Comparison of Xenonics Holdings's ROE %

For the Electrical Equipment & Parts subindustry, Xenonics Holdings'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.


Xenonics Holdings's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xenonics Holdings's ROE % distribution charts can be found below:

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



Xenonics Holdings ROE % Calculation

Xenonics Holdings's annualized ROE % for the fiscal year that ended in Sep. 2014 is calculated as

ROE %=Net Income (A: Sep. 2014 )/( (Total Stockholders Equity (A: Sep. 2013 )+Total Stockholders Equity (A: Sep. 2014 ))/ count )
=-2.597/( (-0.349+-2.263)/ 2 )
=-2.597/-1.306
=N/A %

Xenonics Holdings's annualized ROE % for the quarter that ended in Jun. 2015 is calculated as

ROE %=Net Income (Q: Jun. 2015 )/( (Total Stockholders Equity (Q: Mar. 2015 )+Total Stockholders Equity (Q: Jun. 2015 ))/ count )
=1.028/( (-3.93+-3.637)/ 2 )
=1.028/-3.7835
=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 (Jun. 2015) 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.


Xenonics Holdings  (OTCPK:XNNHQ) 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. 2015 )
=Net Income/Total Stockholders Equity
=1.028/-3.7835
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.028 / 1.804)*(1.804 / 1.621)*(1.621 / -3.7835)
=Net Margin %*Asset Turnover*Equity Multiplier
=56.98 %*1.1129*N/A
=ROA %*Equity Multiplier
=63.41 %*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: Jun. 2015 )
=Net Income/Total Stockholders Equity
=1.028/-3.7835
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1.028 / 1.028) * (1.028 / -1.14) * (-1.14 / 1.804) * (1.804 / 1.621) * (1.621 / -3.7835)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * -0.9018 * -63.19 % * 1.1129 * N/A
=Negative Equity %

Note: The net income data used here is four times the quarterly (Jun. 2015) net income data. The Revenue data used here is four times the quarterly (Jun. 2015) 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.


Xenonics Holdings ROE % Related Terms

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


Xenonics Holdings (Xenonics Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3445 Lawrence Avenue, Oceanside, NY, USA, 11572
Xenonics Holdings Inc is a shell company.
Executives
Selig Zises 10 percent owner C/O MANGOSOFT INC, 1500 WEST PARK DRIVE STE 190, WESTBOROUGH MA 01581

Xenonics Holdings (Xenonics Holdings) Headlines

No Headlines