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Sow Good (Sow Good) ROE % : 104.67% (As of Dec. 2023)


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What is Sow Good ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Sow Good's annualized net income for the quarter that ended in Dec. 2023 was $5.31 Mil. Sow Good's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $5.08 Mil. Therefore, Sow Good's annualized ROE % for the quarter that ended in Dec. 2023 was 104.67%.

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

SOWG' s ROE % Range Over the Past 10 Years
Min: -1568.97   Med: -53.45   Max: Negative Equity
Current: -94.68

During the past 13 years, Sow Good's highest ROE % was Negative Equity%. The lowest was -1,568.97%. And the median was -53.45%.

SOWG's ROE % is ranked worse than
96.6% of 1821 companies
in the Consumer Packaged Goods industry
Industry Median: 6.33 vs SOWG: -94.68

Sow Good ROE % Historical Data

The historical data trend for Sow Good'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.

Sow Good ROE % Chart

Sow Good Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.28 -67.55 -65.86 -177.93 -60.65

Sow Good 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 -450.24 -214.87 -829.21 72.91 104.67

Competitive Comparison of Sow Good's ROE %

For the Packaged Foods subindustry, Sow Good'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.


Sow Good's ROE % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sow Good's ROE % distribution charts can be found below:

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



Sow Good ROE % Calculation

Sow Good'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 )
=-3.06/( (2.811+7.28)/ 2 )
=-3.06/5.0455
=-60.65 %

Sow Good'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 )
=5.312/( (2.87+7.28)/ 2 )
=5.312/5.075
=104.67 %

* 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.


Sow Good  (NAS:SOWG) 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
=5.312/5.075
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5.312 / 38.088)*(38.088 / 17.503)*(17.503 / 5.075)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.95 %*2.1761*3.4489
=ROA %*Equity Multiplier
=30.36 %*3.4489
=104.67 %

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
=5.312/5.075
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5.312 / 5.312) * (5.312 / 7.272) * (7.272 / 38.088) * (38.088 / 17.503) * (17.503 / 5.075)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.7305 * 19.09 % * 2.1761 * 3.4489
=104.67 %

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.


Sow Good ROE % Related Terms

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


Sow Good (Sow Good) Business Description

Traded in Other Exchanges
N/A
Address
1440 N Union Bower Road, Irving, TX, USA, 75061
Sow Good Inc is engaged in manufacturing and marketing freeze-dried snacks, smoothies, and soups.
Executives
Joe Mueller director 6927 ALTAMONTE DRIVE, ROGERS AR 72758
Ira Goldfarb director, 10 percent owner, officer: Executive Chairman (1) 1918 N. OLIVE ST, DALLAS TX 75201
Brad Berman director, 10 percent owner C/O LAKES ENTERTAINMENT, INC., 130 CHESHIRE LANE, MINNETONKA MN 55305
Claudia Goldfarb director, 10 percent owner, officer: Chief Executive Officer (2) 1918 N. OLIVE STREET, APT. 3302, DALLAS TX 75201
Lyle Berman director, 10 percent owner 10275 WAYZATA BOULEVARD, SUITE 100, MINNETONKA MN 55305
Timothy James Creed director 3418 GOLF CLUB LN., NASHVILLE TN 37215
Brad Burke officer: Interim CFO 4049 PURDUE AVE, DALLAS TX 77225
Chris Ludeman director 6154 PARK LANE, DALLAS TX 75225
Greg Creed director 1441 GARDINER LANE, LOUISVILLE KY 40213
S-fdf, Llc 10 percent owner 1440 N. UNION BOWER RD., IRVIN TX 75061
Benjamin S Oehler director 10275 WAYZATA BLVD. SUITE 100, MINNETONKA MN 55305
Joseph J Lahti director 2975 SOMERSET LANE, LONG LAKE MN 55356
Kenneth Decubellis officer: Chief Executive Officer 10275 WAYZATA BOULEVARD, SUITE 310, MINNETONKA MN 55305
Neil I Sell 10 percent owner 3300 WELLS FARGO CENTER, 90 SOUTH 7TH STREET, MINNEAPOLIS MN 55402
Michael Eisele officer: Chief Operating Officer 10275 WAYZATA BOULEVARD, MINNETONKA MN 55305