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Airspan Networks Holdings (Airspan Networks Holdings) ROE % : Negative Equity% (As of Sep. 2023)


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What is Airspan Networks Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Airspan Networks Holdings's annualized net income for the quarter that ended in Sep. 2023 was $39.6 Mil. Airspan Networks Holdings's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was $-123.8 Mil. Therefore, Airspan Networks Holdings's annualized ROE % for the quarter that ended in Sep. 2023 was Negative Equity%.

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

MIMOQ's ROE % is not ranked *
in the Telecommunication Services industry.
Industry Median: 6.995
* Ranked among companies with meaningful ROE % only.

Airspan Networks Holdings ROE % Historical Data

The historical data trend for Airspan Networks Holdings'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.

Airspan Networks Holdings ROE % Chart

Airspan Networks Holdings Annual Data
Trend Dec20 Dec21 Dec22
ROE %
- - -

Airspan Networks Holdings Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - Negative Equity

Competitive Comparison of Airspan Networks Holdings's ROE %

For the Telecom Services subindustry, Airspan Networks Holdings'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.


Airspan Networks Holdings's ROE % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Airspan Networks Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Airspan Networks Holdings's ROE % falls into.



Airspan Networks Holdings ROE % Calculation

Airspan Networks Holdings's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=-85.382/( (-16.252+-80.799)/ 2 )
=-85.382/-48.5255
=N/A %

Airspan Networks Holdings's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=39.552/( (-129.775+-117.78)/ 2 )
=39.552/-123.7775
=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. 2023) 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.


Airspan Networks Holdings  (OTCPK:MIMOQ) 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. 2023 )
=Net Income/Total Stockholders Equity
=39.552/-123.7775
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(39.552 / 57.036)*(57.036 / 83.682)*(83.682 / -123.7775)
=Net Margin %*Asset Turnover*Equity Multiplier
=69.35 %*0.6816*N/A
=ROA %*Equity Multiplier
=47.27 %*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. 2023 )
=Net Income/Total Stockholders Equity
=39.552/-123.7775
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (39.552 / 39.324) * (39.324 / -43.564) * (-43.564 / 57.036) * (57.036 / 83.682) * (83.682 / -123.7775)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0058 * -0.9027 * -76.38 % * 0.6816 * N/A
=Negative Equity %

Note: The net income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Airspan Networks Holdings ROE % Related Terms

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


Airspan Networks Holdings (Airspan Networks Holdings) Business Description

Traded in Other Exchanges
N/A
Address
777 Yamato Road, Suite 310, Boca Raton, FL, USA, 33431
Airspan Networks Holdings Inc is a designer and producer of wireless network equipment for 4G and 5G networks for both mainstream public telecommunications service providers and private network implementations. The business is organized around one reportable segment, the development and supply of broadband wireless products and technologies.
Executives
Dominique Trempont director 5 RANDALL PLACE, MENLO PARK CA 94025
Michael Liebowitz director, 10 percent owner, officer: Chief Executive Officer 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Petersen Henrik Smith officer: Chief Sales&Marketing Officer C/O AIRSPAN NETWORKS INC, CAMBRIDGE HOUSE, UXBRIDGE X0 999999999
Glenn Laxdal officer: President & COO 777 YAMATO DRIVE, SUITE 310, BOCA RATON FL 33431
Uzi Shalev officer: COO BAREKET BUILDING, GOLAN STREET, AIRPORT CITY L3 00000
David Brandt officer: SVP & CFO CAMBRIDGE HOUSE,, OXFORD ROAD, UXBRIDGE MIDDLESEX, UK X0 UB8 1UN
Eric Stonestrom director, officer: President & CEO 137 KINGS RD, PALM BEACH FL 33480
Bandel L Carano director 525 UNIVERSITY AVENUE, SUITE 1300, PALO ALTO CA 94301
Divya Seshamani director 777 YAMATO DRIVE, SUITE 310, BOCA RATON FL 33431
Softbank Group Corp 10 percent owner 1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Mathew Oommen director 777 YAMATO ROAD STE 310, BOCA RATON FL 33431
Eli Leizerovitz officer: Head of Products 777 YAMATO ROAD STE 310, BOCA RATON FL 33431
Thomas S Huseby director 405 THATCHER PASS RD NW, ANA CORTES WA 98221
Oak Investment Partners Xi L P 10 percent owner 901 MAIN AVENUE, SUITE 600, NORWALK CT 06851
Oak Investment Partners Xiii, Limited Partnership 10 percent owner 901 MAIN AVENUE, SUITE 600, NORWALK CT 06851