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Agriculture & Natural Solutions Acquisition (Agriculture & Natural Solutions Acquisition) ROE % : 4.90% (As of Mar. 2024)


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What is Agriculture & Natural Solutions Acquisition ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Agriculture & Natural Solutions Acquisition's annualized net income for the quarter that ended in Mar. 2024 was $16.55 Mil. Agriculture & Natural Solutions Acquisition's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $337.39 Mil. Therefore, Agriculture & Natural Solutions Acquisition's annualized ROE % for the quarter that ended in Mar. 2024 was 4.90%.

The historical rank and industry rank for Agriculture & Natural Solutions Acquisition's ROE % or its related term are showing as below:

ANSC' s ROE % Range Over the Past 10 Years
Min: -6.25   Med: -2.74   Max: 3.23
Current: 3.23

During the past 3 years, Agriculture & Natural Solutions Acquisition's highest ROE % was 3.23%. The lowest was -6.25%. And the median was -2.74%.

ANSC's ROE % is ranked better than
78.53% of 531 companies
in the Diversified Financial Services industry
Industry Median: 0.38 vs ANSC: 3.23

Agriculture & Natural Solutions Acquisition ROE % Historical Data

The historical data trend for Agriculture & Natural Solutions Acquisition'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.

Agriculture & Natural Solutions Acquisition ROE % Chart

Agriculture & Natural Solutions Acquisition Annual Data
Trend Dec21 Dec22 Dec23
ROE %
- -6.25 0.78

Agriculture & Natural Solutions Acquisition Quarterly Data
Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -26.67 - - 3.12 4.90

Competitive Comparison of Agriculture & Natural Solutions Acquisition's ROE %

For the Shell Companies subindustry, Agriculture & Natural Solutions Acquisition'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.


Agriculture & Natural Solutions Acquisition's ROE % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Agriculture & Natural Solutions Acquisition's ROE % distribution charts can be found below:

* The bar in red indicates where Agriculture & Natural Solutions Acquisition's ROE % falls into.



Agriculture & Natural Solutions Acquisition ROE % Calculation

Agriculture & Natural Solutions Acquisition'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 )
=1.305/( (0.015+335.324)/ 2 )
=1.305/167.6695
=0.78 %

Agriculture & Natural Solutions Acquisition's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=16.548/( (335.324+339.461)/ 2 )
=16.548/337.3925
=4.90 %

* 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 (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


Agriculture & Natural Solutions Acquisition  (NAS:ANSC) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=16.548/337.3925
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(16.548 / 0)*(0 / 350.508)*(350.508 / 337.3925)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.0389
=ROA %*Equity Multiplier
=N/A %*1.0389
=4.90 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=16.548/337.3925
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (16.548 / 16.548) * (16.548 / -2.204) * (-2.204 / 0) * (0 / 350.508) * (350.508 / 337.3925)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * -7.5082 * N/A % * 0 * 1.0389
=4.90 %

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


Agriculture & Natural Solutions Acquisition ROE % Related Terms

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Agriculture & Natural Solutions Acquisition (Agriculture & Natural Solutions Acquisition) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
712 Fifth Avenue, 36th Floor, New York, NY, USA, 10019
Website
Agriculture & Natural Solutions Acquisition Corp is a blank check company.

Agriculture & Natural Solutions Acquisition (Agriculture & Natural Solutions Acquisition) Headlines