GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hycroft Mining Holding Corp (NAS:HYMC) » Definitions » ROE %

Hycroft Mining Holding (Hycroft Mining Holding) ROE % : -261.42% (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Hycroft Mining Holding ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hycroft Mining Holding's annualized net income for the quarter that ended in Dec. 2023 was $-46.06 Mil. Hycroft Mining Holding's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $17.62 Mil. Therefore, Hycroft Mining Holding's annualized ROE % for the quarter that ended in Dec. 2023 was -261.42%.

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

HYMC' s ROE % Range Over the Past 10 Years
Min: -147.37   Med: -144.87   Max: -144.87
Current: -147.37

During the past 5 years, Hycroft Mining Holding's highest ROE % was -144.87%. The lowest was -147.37%. And the median was -144.87%.

HYMC's ROE % is ranked worse than
90.52% of 2478 companies
in the Metals & Mining industry
Industry Median: -15.9 vs HYMC: -147.37

Hycroft Mining Holding ROE % Historical Data

The historical data trend for Hycroft Mining Holding'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.

Hycroft Mining Holding ROE % Chart

Hycroft Mining Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
- - - - -144.87

Hycroft Mining Holding Quarterly Data
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 -79.97 -97.74 -126.05 -208.82 -261.42

Competitive Comparison of Hycroft Mining Holding's ROE %

For the Gold subindustry, Hycroft Mining Holding'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.


Hycroft Mining Holding's ROE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hycroft Mining Holding's ROE % distribution charts can be found below:

* The bar in red indicates where Hycroft Mining Holding's ROE % falls into.



Hycroft Mining Holding ROE % Calculation

Hycroft Mining Holding'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 )
=-55.024/( (63.306+12.656)/ 2 )
=-55.024/37.981
=-144.87 %

Hycroft Mining Holding'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 )
=-46.056/( (22.579+12.656)/ 2 )
=-46.056/17.6175
=-261.42 %

* 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.


Hycroft Mining Holding  (NAS:HYMC) 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
=-46.056/17.6175
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-46.056 / 0)*(0 / 206.753)*(206.753 / 17.6175)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*11.7357
=ROA %*Equity Multiplier
=N/A %*11.7357
=-261.42 %

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
=-46.056/17.6175
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-46.056 / -46.056) * (-46.056 / -33.552) * (-33.552 / 0) * (0 / 206.753) * (206.753 / 17.6175)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.3727 * N/A % * 0 * 11.7357
=-261.42 %

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.


Hycroft Mining Holding ROE % Related Terms

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


Hycroft Mining Holding (Hycroft Mining Holding) Business Description

Traded in Other Exchanges
N/A
Address
4300 Water Canyon Road, Unit 1, Winnemucca, NV, USA, 89445
Hycroft Mining Holding Corp is a gold and silver producer. Its operating mine, the Hycroft Mine, is an open-pit heap leach operation located approximately fifty four miles west of Winnemucca, Nevada.
Executives
Diane R Garrett director, officer: President, CEO & Director C/O NOVAGOLD RESOURCES INC., 201 SOUTH MAIN, SUITE 400, SALT LAKE CITY UT 84111
Stanton K Rideout officer: Executive Vice President & CFO C/O HYCROFT MINING HOLDING CORPORATION, 8181 E. TUFTS AVE. SUITE 510, DENVER CO 80237
Rebecca Jennings officer: Senior Vice President 4300 WATER CANYON ROAD, UNIT 1, WINNEMUCCA NV 89445
Mudrick Capital Management, L.p. director, 10 percent owner 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Stephen A Lang director 1 UNIVERSITY AVENUE, SUITE 1500, TORONTO A6 M5J 2P1
Eric Sprott 10 percent owner 2700-200 BAY STREET, ROYAL BANK PLAZA SOUTH TOWER, TORONTO A6 M5J 2J1
David C Naccarati director ONE NORTH CENTRAL AVENUE, CORPORATE SECRETARY DEPARTMENT, PHOENIX AZ 85004
Sean D. Goodman director 11500 ASH STREET, LEAWOOD KS 66211
2176423 Ontario Ltd. 10 percent owner 200 BAY STREET, SUITE 2600, ROYAL BANK PLAZA, SOUTH TOWER, TORONTO A6 M5J 2J1
American Multi-cinema, Inc. 10 percent owner ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Amc Entertainment Holdings, Inc. 10 percent owner ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Whitebox Advisors Llc 10 percent owner 3033 EXCELSIOR BLVD., SUITE 500, MINNEAPOLIS MN 55416
Whitebox General Partner Llc 10 percent owner 3033 EXCELSIOR BLVD., SUITE 300, MINNEAPOLIS MN 55416
Highbridge Capital Management Llc 10 percent owner 277 PARK AVE, 23RD FLOOR, NEW YORK NY 10172
Jeffrey Stieber officer: Chief Financial Officer 8181 E. TUFTS AVE., SUITE510, DENVER CO 80237

Hycroft Mining Holding (Hycroft Mining Holding) Headlines