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Cyberlux (Cyberlux) ROE % : Negative Equity% (As of Sep. 2021)


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What is Cyberlux ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Cyberlux's annualized net income for the quarter that ended in Sep. 2021 was $0.62 Mil. Cyberlux's average Total Stockholders Equity over the quarter that ended in Sep. 2021 was $-9.17 Mil. Therefore, Cyberlux's annualized ROE % for the quarter that ended in Sep. 2021 was Negative Equity%.

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

CYBL's ROE % is not ranked *
in the Semiconductors industry.
Industry Median: 4.405
* Ranked among companies with meaningful ROE % only.

Cyberlux ROE % Historical Data

The historical data trend for Cyberlux'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.

Cyberlux ROE % Chart

Cyberlux Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec18 Dec19 Dec20
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - Negative Equity - Negative Equity Negative Equity

Cyberlux Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 - Negative Equity Negative Equity Negative Equity Negative Equity

Competitive Comparison of Cyberlux's ROE %

For the Semiconductors subindustry, Cyberlux'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.


Cyberlux's ROE % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Cyberlux's ROE % distribution charts can be found below:

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



Cyberlux ROE % Calculation

Cyberlux's annualized ROE % for the fiscal year that ended in Dec. 2020 is calculated as

ROE %=Net Income (A: Dec. 2020 )/( (Total Stockholders Equity (A: Dec. 2019 )+Total Stockholders Equity (A: Dec. 2020 ))/ count )
=2.846/( (-12.908+-10.061)/ 2 )
=2.846/-11.4845
=Negative Equity %

Cyberlux's annualized ROE % for the quarter that ended in Sep. 2021 is calculated as

ROE %=Net Income (Q: Sep. 2021 )/( (Total Stockholders Equity (Q: Jun. 2021 )+Total Stockholders Equity (Q: Sep. 2021 ))/ count )
=0.62/( (-9.651+-8.689)/ 2 )
=0.62/-9.17
=Negative Equity %

* 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 (Sep. 2021) 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.


Cyberlux  (OTCPK:CYBL) 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: Sep. 2021 )
=Net Income/Total Stockholders Equity
=0.62/-9.17
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.62 / 9.004)*(9.004 / 0.5465)*(0.5465 / -9.17)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.89 %*16.4758*N/A
=ROA %*Equity Multiplier
=113.52 %*N/A
=Negative Equity %

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: Sep. 2021 )
=Net Income/Total Stockholders Equity
=0.62/-9.17
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.62 / 0.62) * (0.62 / 1.032) * (1.032 / 9.004) * (9.004 / 0.5465) * (0.5465 / -9.17)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.6008 * 11.46 % * 16.4758 * N/A
=Negative Equity %

Note: The net income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) 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.


Cyberlux ROE % Related Terms

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


Cyberlux (Cyberlux) Business Description

Traded in Other Exchanges
N/A
Address
800 Park Offices Drive, Suite 3209, Research Triangle, Durham, NC, USA, 27709
Cyberlux Corp is a lighting technology company. It is engaged in four different business units: Unmanned aircraft Solutions, Digital platform solutions, Infrastructure technology, and lighting solutions. It designs, develops, and sells lighting systems that utilize white, infrared (IR), and other light-emitting diodes (LEDs) as illumination elements. It serves the Department of Defense (DoD), Commercial channels, and Design Services, customers.
Executives
Utek Corp 10 percent owner 2109 PALM AVENUE, TAMPA FL 33605
Moore William P Iii As Trustee 10 percent owner 10801 MASTIN SUITE 920 OVERLAND PARK KS 66210
David D Downing 10 percent owner, officer: CFO and Treasurer 4625 CREEKSTONE DRIVE SUITE 100 RESEARCH TRIANGLE PARK DURHAM NC 27703
William P Walker officer: Senior Vice President 4625 CREEKSTONE DRIVE SUITE 100 RESEARCH TRIANGLE PARK DURHAM NC 27703
Alan H Ninneman director, 10 percent owner, officer: Senior Vice President 4625 CREEKSTONE DRIVE SUITE 100 RESEARCH TRIANGLE PARK DURHAM NC 27703
Donald F Evans director, 10 percent owner, officer: Chief Executive Officer 4625 CREEKSTONE DRIVE SUITE 100 RESEARCH TRIANGLE PARK DURHAM NC 27703
John W Ringo director, 10 percent owner, officer: Secretary & Corporate Counsel 4625 CREEKSTONE DRIVE SUITE 100 RESEARCH TRIANGLE PARK DURHAM NC 27703
Mark D Schmidt director, 10 percent owner, officer: President and COO 4625 CREEKSTONE DRIVE SUITE 100 RESEARCH TRIANGLE PARK DURHAM NC 27703

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