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Innovative Food Holdings (Innovative Food Holdings) ROE % : -185.90% (As of Dec. 2023)


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What is Innovative Food Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Innovative Food Holdings's annualized net income for the quarter that ended in Dec. 2023 was $-6.70 Mil. Innovative Food Holdings's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $3.60 Mil. Therefore, Innovative Food Holdings's annualized ROE % for the quarter that ended in Dec. 2023 was -185.90%.

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

IVFH' s ROE % Range Over the Past 10 Years
Min: -543.41   Med: -15.99   Max: Negative Equity
Current: -99.35

During the past 13 years, Innovative Food Holdings's highest ROE % was Negative Equity%. The lowest was -543.41%. And the median was -15.99%.

IVFH's ROE % is ranked worse than
97.34% of 301 companies
in the Retail - Defensive industry
Industry Median: 9.66 vs IVFH: -99.35

Innovative Food Holdings ROE % Historical Data

The historical data trend for Innovative Food 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.

Innovative Food Holdings ROE % Chart

Innovative Food Holdings 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 2.11 -102.92 -12.69 -19.29 -92.74

Innovative Food Holdings 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 72.79 -215.07 1.28 12.57 -185.90

Competitive Comparison of Innovative Food Holdings's ROE %

For the Food Distribution subindustry, Innovative Food 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.


Innovative Food Holdings's ROE % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Innovative Food Holdings's ROE % distribution charts can be found below:

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



Innovative Food Holdings ROE % Calculation

Innovative Food Holdings'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 )
=-4.355/( (6.587+2.805)/ 2 )
=-4.355/4.696
=-92.74 %

Innovative Food Holdings'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 )
=-6.7/( (4.403+2.805)/ 2 )
=-6.7/3.604
=-185.90 %

* 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.


Innovative Food Holdings  (OTCPK:IVFH) 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
=-6.7/3.604
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6.7 / 76.36)*(76.36 / 21.56)*(21.56 / 3.604)
=Net Margin %*Asset Turnover*Equity Multiplier
=-8.77 %*3.5417*5.9822
=ROA %*Equity Multiplier
=-31.06 %*5.9822
=-185.90 %

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
=-6.7/3.604
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-6.7 / -5.912) * (-5.912 / 0.876) * (0.876 / 76.36) * (76.36 / 21.56) * (21.56 / 3.604)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.1333 * -6.7489 * 1.15 % * 3.5417 * 5.9822
=-185.90 %

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.


Innovative Food Holdings ROE % Related Terms

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


Innovative Food Holdings (Innovative Food Holdings) Business Description

Traded in Other Exchanges
N/A
Address
28411 Race Track Road, Bonita Springs, FL, USA, 34135
Innovative Food Holdings Inc through its subsidiaries is engaged in the distribution of perishables and specialty food products. Its customers include restaurants, hotels, country clubs, national chain accounts, casinos, hospitals, and catering houses. The company distributes perishable and specialty food and food-related products, including origin-specific seafood, domestic and imported meats, exotic game and poultry, artisanal cheeses, freshly prepared meals, caviar, wild and cultivated mushrooms, micro-greens, organic farmed and manufactured food products, estate-bottled olive oils and aged vinegar.
Executives
Samuel Klepfish director, officer: CEO 231 NORMAN AVENUE, BROOKLYN NY 11222
Robert William Bennett director, officer: Chief Executive Officer 28411 RACETRACK RD, BONITA SPRINGS FL 34135
Richard Tang officer: Chief Financial Officer C/O INNOVATIVE FOOD HOLDINGS, INC., 28411 RACETRACK RD, BONITA SPRINGS FL 34135
Denver Johnson Smith director 350 S RACE STREET, DENVER CO 80209
Brady Smallwood director, officer: Chief Operating Officer 4505 NE BIRCHGROVE PL, BENTONVILLE AR 72712
James C Pappas 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jefferson Gramm director C/O BANDERA PARTNERS LLC, 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004
Hank Cohn director 14 CHARLOTTE DRIVE, WESLEY HILLS NY 10977
David Polinsky director 90 BOOTH AVENUE, ENGLEWOOD NJ 07631
Jcp Investment Management, Llc 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Mark Schmulen 10 percent owner, other: See Explanation of Responses 11 GREENWAY PLAZA, SUITE 2400, HOUSTON TX 77046
Loukas D. Kozonis 10 percent owner, other: See Explanation of Responses 4849 N. MILWAUKEE AVENUE, SUITE 300, CHICAGO IL 60630
Jcp Investment Holdings, Llc 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Partners, Lp 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Partnership, Lp 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027

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