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Amergent Hospitality Group (Amergent Hospitality Group) ROE % : 0.00% (As of Dec. 2022)


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What is Amergent Hospitality Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Amergent Hospitality Group's annualized net income for the quarter that ended in Dec. 2022 was $-4.45 Mil. Amergent Hospitality Group's average Total Stockholders Equity over the quarter that ended in Dec. 2022 was $-7.26 Mil. Therefore, Amergent Hospitality Group's annualized ROE % for the quarter that ended in Dec. 2022 was N/A%.

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

AMHG's ROE % is not ranked *
in the Restaurants industry.
Industry Median: 8.06
* Ranked among companies with meaningful ROE % only.

Amergent Hospitality Group ROE % Historical Data

The historical data trend for Amergent Hospitality 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.

Amergent Hospitality Group ROE % Chart

Amergent Hospitality Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
ROE %
- - - -

Amergent Hospitality Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 - - - - -

Competitive Comparison of Amergent Hospitality Group's ROE %

For the Restaurants subindustry, Amergent Hospitality 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.


Amergent Hospitality Group's ROE % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Amergent Hospitality Group's ROE % distribution charts can be found below:

* The bar in red indicates where Amergent Hospitality Group's ROE % falls into.



Amergent Hospitality Group ROE % Calculation

Amergent Hospitality Group's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=-3.013/( (-5.079+-7.814)/ 2 )
=-3.013/-6.4465
=N/A %

Amergent Hospitality Group's annualized ROE % for the quarter that ended in Dec. 2022 is calculated as

ROE %=Net Income (Q: Dec. 2022 )/( (Total Stockholders Equity (Q: Sep. 2022 )+Total Stockholders Equity (Q: Dec. 2022 ))/ count )
=-4.448/( (-6.701+-7.814)/ 2 )
=-4.448/-7.2575
=N/A %

* 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. 2022) 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.


Amergent Hospitality Group  (OTCPK:AMHG) 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. 2022 )
=Net Income/Total Stockholders Equity
=-4.448/-7.2575
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.448 / 18.668)*(18.668 / 21.6525)*(21.6525 / -7.2575)
=Net Margin %*Asset Turnover*Equity Multiplier
=-23.83 %*0.8622*N/A
=ROA %*Equity Multiplier
=-20.55 %*N/A
=N/A %

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. 2022 )
=Net Income/Total Stockholders Equity
=-4.448/-7.2575
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-4.448 / -5.188) * (-5.188 / -7.788) * (-7.788 / 18.668) * (18.668 / 21.6525) * (21.6525 / -7.2575)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8574 * 0.6662 * -41.72 % * 0.8622 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Dec. 2022) net income data. The Revenue data used here is four times the quarterly (Dec. 2022) 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.


Amergent Hospitality Group ROE % Related Terms

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


Amergent Hospitality Group (Amergent Hospitality Group) Business Description

Traded in Other Exchanges
N/A
Address
7529 Red Oak Lane, Charlotte, NC, USA, 28226
Amergent Hospitality Group Inc owns, operates, and franchises restaurant brands. It generates the majority of its revenue from Restaurant sales, followed by Gaming and Franchise income. The company operates only in the United States.
Executives
Mark Anthony Whittle officer: INTERIM PRESIDENT 1481 N HWY 113, CARROLLTON GA 30117
Michael D Pruitt director, officer: CHIEF EXECUTIVE OFFICER 11220 ELM LANE, SUITE 203, CHARLOTTE NC 28277
Frederick L Glick director, officer: PRESIDENT 7621 LITTLE AVE STE 414, CHARLOTTE NC 28226
Stephen J Hoelscher officer: CFO 515 CONGRESS AVE, STE 1400, AUSTIN TX 78701
Robert Sumner Hersch 10 percent owner 515 CONGRESS AVE, STE 1400, AUSTIN TX 78701
Mv Amanth Llc 10 percent owner 515 CONGRESS AVE, STE 1400, AUSTIN TX 78701-3516
Oz Rey Llc 10 percent owner 918 CONGRESS AVENUE, SUITE 100, AUSTIN TX 78701
Keith J Johnson director 56 REDBAY ROAD, ELGIN SC 29045
J Eric Wagoner director C/O ALLIANCE BANKSHARES CORPORATION, 14200 PARK MEADOW DRIVE, SUITE 200 SOUTH, CHANTILLY VA 20151
Neil G Kiefer director 7621 LITTLE AVE, STE 414, CHARLOTTE NC 28226
Patrick Clay Harkleroad officer: CHIEF FINANCIAL OFFICER 7621 LITTLE AVE, SUITE 414, CHARLOTTE NC 28226

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