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Crown ElectroKinetics (Crown ElectroKinetics) ROE % : -533.64% (As of Dec. 2023)


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What is Crown ElectroKinetics ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Crown ElectroKinetics's annualized net income for the quarter that ended in Dec. 2023 was $-37.22 Mil. Crown ElectroKinetics's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $6.98 Mil. Therefore, Crown ElectroKinetics's annualized ROE % for the quarter that ended in Dec. 2023 was -533.64%.

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

CRKN' s ROE % Range Over the Past 10 Years
Min: -1113.27   Med: -846.68   Max: -167.26
Current: -541.11

During the past 5 years, Crown ElectroKinetics's highest ROE % was -167.26%. The lowest was -1,113.27%. And the median was -846.68%.

CRKN's ROE % is ranked worse than
99.54% of 1536 companies
in the Chemicals industry
Industry Median: 5.21 vs CRKN: -541.11

Crown ElectroKinetics ROE % Historical Data

The historical data trend for Crown ElectroKinetics'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.

Crown ElectroKinetics ROE % Chart

Crown ElectroKinetics Annual Data
Trend Mar19 Mar20 Mar21 Dec22 Dec23
ROE %
- - -846.68 -167.26 -1,113.27

Crown ElectroKinetics 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 -525.52 -222.38 -944.25 -165.37 -533.64

Competitive Comparison of Crown ElectroKinetics's ROE %

For the Specialty Chemicals subindustry, Crown ElectroKinetics'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.


Crown ElectroKinetics's ROE % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Crown ElectroKinetics's ROE % distribution charts can be found below:

* The bar in red indicates where Crown ElectroKinetics's ROE % falls into.



Crown ElectroKinetics ROE % Calculation

Crown ElectroKinetics'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 )
=-28.984/( (0.53+4.677)/ 2 )
=-28.984/2.6035
=-1,113.27 %

Crown ElectroKinetics'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 )
=-37.224/( (9.274+4.677)/ 2 )
=-37.224/6.9755
=-533.64 %

* 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.


Crown ElectroKinetics  (NAS:CRKN) 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
=-37.224/6.9755
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-37.224 / 0.376)*(0.376 / 10.8465)*(10.8465 / 6.9755)
=Net Margin %*Asset Turnover*Equity Multiplier
=-9900 %*0.0347*1.5549
=ROA %*Equity Multiplier
=-343.53 %*1.5549
=-533.64 %

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
=-37.224/6.9755
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-37.224 / -37.224) * (-37.224 / -24.86) * (-24.86 / 0.376) * (0.376 / 10.8465) * (10.8465 / 6.9755)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.4973 * -6611.7 % * 0.0347 * 1.5549
=-533.64 %

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.


Crown ElectroKinetics ROE % Related Terms

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


Crown ElectroKinetics (Crown ElectroKinetics) Business Description

Traded in Other Exchanges
N/A
Address
1110 NE Circle Boulevard, Corvallis, OR, USA, 97330
Crown ElectroKinetics Corp is a provider of DynamicTint. The company's technology allows any glass surface to transition between clear and dark in seconds. DynamicTint allows windows to transition from transparent to black. With applications to a wide array of windows, including commercial buildings, automotive sunroofs, and residential skylights, Crown partners with glass and film manufacturers for mass production and distribution. Its technology is a thin film that is powered by an electrically-charged pigment which not only replaces common window tints but is also a more sustainable alternative to traditional window treatments. The company is supported by a robust patent portfolio.
Executives
Douglas B Croxall 10 percent owner, officer: Chief Executive Officer 2331 MILL ROAD SUITE 100, ALEXANDRIA VA 22314
Joel Krutz officer: Chief Financial Officer 11601 WILSHIRE BLVD., SUITE 2240, LOS ANGELES CA 90025
Gary C Hanna director
Gizman I Abbas director 415 WASHINGTON STREET, APT 1B, NEW YORK NY 10013
Kaijiro Sato officer: Co-President and CMO 1110 NE CIRCLE BLVD., CORVALLIS OR 97330
Edward Kovalik director 1 GRAND ARMY PLAZA, 11 GG, BROOKLYN NY 11238
Philip J Anderson officer: Chief Financial Officer SIAR CAPITAL, 600 MADISON AVENUE, NEW YORK NY 10021
John P. Marchese director 150 TWELVE OAKS LANE, PONTE VEDRA BEACH FL 32082
Christopher H Smith director C/O ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Timothy Koch officer: Chief Technology Officer 1110 NE CIRCLE BLVD., CORVALLIS OR 97330
Dipanjan Nag director 9335 BURNETT LANE, DUBLIN OH 43017