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InCapta (InCapta) ROE % : Negative Equity% (As of Dec. 2020)


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What is InCapta ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. InCapta's annualized net income for the quarter that ended in Dec. 2020 was $0.18 Mil. InCapta's average Total Stockholders Equity over the quarter that ended in Dec. 2020 was $-1.33 Mil. Therefore, InCapta's annualized ROE % for the quarter that ended in Dec. 2020 was Negative Equity%.

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

INCT's ROE % is not ranked *
in the Media - Diversified industry.
Industry Median: 2.52
* Ranked among companies with meaningful ROE % only.

InCapta ROE % Historical Data

The historical data trend for InCapta'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.

InCapta ROE % Chart

InCapta Annual Data
Trend Dec07 Dec08 Dec09 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - Negative Equity Negative Equity

InCapta Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
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 - - - Negative Equity Negative Equity

Competitive Comparison of InCapta's ROE %

For the Broadcasting subindustry, InCapta'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.


InCapta's ROE % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, InCapta's ROE % distribution charts can be found below:

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



InCapta ROE % Calculation

InCapta'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 )
=0.175/( (-1.422+-1.247)/ 2 )
=0.175/-1.3345
=Negative Equity %

InCapta's annualized ROE % for the quarter that ended in Dec. 2020 is calculated as

ROE %=Net Income (Q: Dec. 2020 )/( (Total Stockholders Equity (Q: Dec. 2019 )+Total Stockholders Equity (Q: Dec. 2020 ))/ count )
=0.175/( (-1.422+-1.247)/ 2 )
=0.175/-1.3345
=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 one times the annual (Dec. 2020) 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.


InCapta  (OTCPK:INCT) 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. 2020 )
=Net Income/Total Stockholders Equity
=0.175/-1.3345
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.175 / 1.164)*(1.164 / 0.0505)*(0.0505 / -1.3345)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.03 %*23.0495*N/A
=ROA %*Equity Multiplier
=346.43 %*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: Dec. 2020 )
=Net Income/Total Stockholders Equity
=0.175/-1.3345
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.175 / 0.175) * (0.175 / 0.175) * (0.175 / 1.164) * (1.164 / 0.0505) * (0.0505 / -1.3345)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1 * 15.03 % * 23.0495 * N/A
=Negative Equity %

Note: The net income data used here is one times the annual (Dec. 2020) net income data. The Revenue data used here is one times the annual (Dec. 2020) 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.


InCapta ROE % Related Terms

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


InCapta (InCapta) Business Description

Traded in Other Exchanges
N/A
Address
1876 Horse Creek Road, Cheyenne, WY, USA, 82009
InCapta Inc is a media holding company which invests in radio, television, movie production, and television productions to be used in online cloud television and radio. The company is engaged in pre-production of two full-length movies; developing half-hour television shows and producing radio talk shows on Leading Edge Radio Network. It derives revenue from media consulting, online television clients, monthly fees for online cloud television networks, websites, and membership fees with clients. In addition, the company also owns a nationwide wholesale grocery operation with clients in 48 states and is developing an online movie channel.
Executives
Creative Financial Services Inc. director, 10 percent owner, officer: Chief Executive Officer 638 N. 5TH AVENUE PHOENIX AZ 85003
Gregory Bryan Martin officer: President 1950 FIFTH AVE #100 SAN DIEGO CA 92101
Acunto John P Jr 10 percent owner 1609 SCOTLAND AVE, CHARLOTTE NC 28207
Arlene Mcmachen 10 percent owner PO BOX 5532 LIGHTHOUSE POINT FL 33074
Glenn Sr Mcmachen director, 10 percent owner PO BOX 5532 LIGHTHOUSE POINT FL 33074
Marty Schiff director 61 LEMON ST. UNIONTOWN PA 15401
Flexible Growth & Income Fund Co, Llc 10 percent owner 1015 MASSACHUSETTS AVE. LEXINGTON MA 02420
Mark Crist director
Donald Neal Gallent officer: President 701 WOODRIDGE COURT BRENTWOOD TN 37027
Joya Arthur De officer: CFO 361 WISETON AVENUE, LAS VEGAS NV 89123
Gary J Hohman officer: President
Ismat Sawaqed director 1535 BLACKJACK ROAD FRANKLIN KY 42134
John Fleming director, 10 percent owner, officer: CEO ONE AMERICAN ROAD, DEARBORN MI 48126
John Fleming director, 10 percent owner, officer: CEO 1535 BLACKJACK ROAD FRANKLIN KY 42134

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