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Mawson Infrastructure Group (Mawson Infrastructure Group) ROE % : -145.74% (As of Dec. 2023)


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What is Mawson Infrastructure Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mawson Infrastructure Group's annualized net income for the quarter that ended in Dec. 2023 was $-51.71 Mil. Mawson Infrastructure Group's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $35.48 Mil. Therefore, Mawson Infrastructure Group's annualized ROE % for the quarter that ended in Dec. 2023 was -145.74%.

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

MIGI' s ROE % Range Over the Past 10 Years
Min: -923.69   Med: -113.67   Max: -55.01
Current: -110.79

During the past 13 years, Mawson Infrastructure Group's highest ROE % was -55.01%. The lowest was -923.69%. And the median was -113.67%.

MIGI's ROE % is ranked worse than
97.28% of 772 companies
in the Capital Markets industry
Industry Median: 5.34 vs MIGI: -110.79

Mawson Infrastructure Group ROE % Historical Data

The historical data trend for Mawson Infrastructure Group'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.

Mawson Infrastructure Group ROE % Chart

Mawson Infrastructure Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -923.69 -123.88 -73.51 -55.01 -113.67

Mawson Infrastructure Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -86.63 -61.27 -111.32 -154.71 -145.74

Competitive Comparison of Mawson Infrastructure Group's ROE %

For the Capital Markets subindustry, Mawson Infrastructure Group'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.


Mawson Infrastructure Group's ROE % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Mawson Infrastructure Group's ROE % distribution charts can be found below:

* The bar in red indicates where Mawson Infrastructure Group's ROE % falls into.



Mawson Infrastructure Group ROE % Calculation

Mawson Infrastructure Group's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-60.422/( (77.072+29.238)/ 2 )
=-60.422/53.155
=-113.67 %

Mawson Infrastructure Group's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-51.712/( (41.729+29.238)/ 2 )
=-51.712/35.4835
=-145.74 %

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


Mawson Infrastructure Group  (NAS:MIGI) 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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-51.712/35.4835
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-51.712 / 56.068)*(56.068 / 86.3015)*(86.3015 / 35.4835)
=Net Margin %*Asset Turnover*Equity Multiplier
=-92.23 %*0.6497*2.4322
=ROA %*Equity Multiplier
=-59.92 %*2.4322
=-145.74 %

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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-51.712/35.4835
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-51.712 / -26.16) * (-26.16 / -56.836) * (-56.836 / 56.068) * (56.068 / 86.3015) * (86.3015 / 35.4835)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.9768 * 0.4603 * -101.37 % * 0.6497 * 2.4322
=-145.74 %

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


Mawson Infrastructure Group ROE % Related Terms

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


Mawson Infrastructure Group (Mawson Infrastructure Group) Business Description

Traded in Other Exchanges
N/A
Address
201 Clark Street, Sharon, PA, USA, 16146
Mawson Infrastructure Group Inc is a digital infrastructure provider, with diversified operations across Cryptocurrency Mining and Digital Asset Management. Its mission is to build a bridge between the rapidly emerging digital asset industry and traditional capital markets, with a strong focus on shareholder returns.
Executives
Rahul Mewawalla director 265 TURNER DRIVE, DURANGO CO 80202
Michael Forrest Hughes director 21/6A GREENKNOWE AVE, ELIZABETH BAY C3 2011
Ariel Humberto Sivikofsky officer: Principal Accounting Officer 207-209 DERRIBONG DRIVE, CORDEAUX HEIGHTS C3 2526
Nicholas Jeremy Hughes-jones officer: Chief Commercial Officer LEVEL 5, 97 PACIFIC HIGHWAY, NORTH SYDNEY C3 2060
Hetal Majithia officer: Chief Financial Officer 5/44 BAYSWATER ROAD, RUSHCUTTERS BAY C3 2011
James Edward Manning director, 10 percent owner, officer: Chief Executive Officer 301 EDGECLIFF RD, WOOLLAHRA C3 2025
Martin Gregory John Walton director 65 NEERIM ROAD, CASTLE COVE C3 2069
Jonathan Brian Rubini 10 percent owner 2655 MARSTON DRIVE, ANCHORAGE AK 99517
Noam Danenberg officer: Chief Operating Officer 4 BOROCHOV ST, HOD HASHARON L3 4520404
Or Eisenberg officer: Acting CEO, CFO, Treas & Secy. 2 WISSOTZKY ST, TEL AVIV L3 6250204
Liam Daniel Wilson officer: Chief Operating Officer APARTMENT PHE, 100 JANE ST, WEST VILLAGE NY 10014
Rimon Gold Assets Ltd 10 percent owner RAVEN RAVID & CO., 32A HABARZEL ST., TEL AVIV L3 6971047
Mark M Sieczkarek director, officer: Chairman
Michael Belkin director 4 ALONIM ST., GIVATE, SHMUEL L3 54044
Yaakov Zarachia 10 percent owner 10 TZEMACH TZEDEK ST., LOD L3 7132130