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Blue Sphere (Blue Sphere) ROE % : Negative Equity% (As of Dec. 2018)


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What is Blue Sphere ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Blue Sphere's annualized net income for the quarter that ended in Dec. 2018 was $9.47 Mil. Blue Sphere's average Total Stockholders Equity over the quarter that ended in Dec. 2018 was $-10.75 Mil. Therefore, Blue Sphere's annualized ROE % for the quarter that ended in Dec. 2018 was Negative Equity%.

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

BLSP's ROE % is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 5.95
* Ranked among companies with meaningful ROE % only.

Blue Sphere ROE % Historical Data

The historical data trend for Blue Sphere'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.

Blue Sphere ROE % Chart

Blue Sphere Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Dec16 Dec17 Dec18
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Blue Sphere Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 -4,070.18 - - - Negative Equity

Competitive Comparison of Blue Sphere's ROE %

For the Utilities - Renewable subindustry, Blue Sphere'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.


Blue Sphere's ROE % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Blue Sphere's ROE % distribution charts can be found below:

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



Blue Sphere ROE % Calculation

Blue Sphere's annualized ROE % for the fiscal year that ended in Dec. 2018 is calculated as

ROE %=Net Income (A: Dec. 2018 )/( (Total Stockholders Equity (A: Dec. 2017 )+Total Stockholders Equity (A: Dec. 2018 ))/ count )
=-10.443/( (-1.441+-9.211)/ 2 )
=-10.443/-5.326
=N/A %

Blue Sphere's annualized ROE % for the quarter that ended in Dec. 2018 is calculated as

ROE %=Net Income (Q: Dec. 2018 )/( (Total Stockholders Equity (Q: Sep. 2018 )+Total Stockholders Equity (Q: Dec. 2018 ))/ count )
=9.472/( (-12.288+-9.211)/ 2 )
=9.472/-10.7495
=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 (Dec. 2018) 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.


Blue Sphere  (GREY:BLSP) 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. 2018 )
=Net Income/Total Stockholders Equity
=9.472/-10.7495
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(9.472 / 11.248)*(11.248 / 43.3345)*(43.3345 / -10.7495)
=Net Margin %*Asset Turnover*Equity Multiplier
=84.21 %*0.2596*N/A
=ROA %*Equity Multiplier
=21.86 %*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. 2018 )
=Net Income/Total Stockholders Equity
=9.472/-10.7495
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (9.472 / 4.088) * (4.088 / 6.196) * (6.196 / 11.248) * (11.248 / 43.3345) * (43.3345 / -10.7495)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 2.317 * 0.6598 * 55.09 % * 0.2596 * N/A
=Negative Equity %

Note: The net income data used here is four times the quarterly (Dec. 2018) net income data. The Revenue data used here is four times the quarterly (Dec. 2018) 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.


Blue Sphere ROE % Related Terms

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


Blue Sphere (Blue Sphere) Business Description

Traded in Other Exchanges
N/A
Address
301 McCullough Drive, 4th Floor, Charlotte, NC, USA, 28262
Blue Sphere Corp is an international clean-tech independent power producer that develops, owns and manages waste-to-energy facilities. It focuses on developing or acquiring projects with clean energy technologies, including waste-to-energy facilities that generate clean energy, such as electricity, natural gas, heat, soil amendment and other by-products. Geographically operates the project in the region of United States, Italy, and Israel.
Executives
Yosef Keret officer: Chief Financial Officer 4 YEHOSHUA BEN NOON ST., HOD HASHARON L3 4523602
Ran Daniel officer: Chief Financial Officer 101 WEST 90TH STREET, NEW YORK NY 10024
Lyron L Bentovim other: Former Director 60 CUTTER MILL ROAD, GREAT NECK, NEW YORK NY 11021
Lazarus Israel Opportunities Fund Lllp 10 percent owner C/O IBEX GP LLC, 260 NORTH JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Lazarus Investment Partners Lllp 10 percent owner C/O IBEX INVESTORS LLC, 260 NORTH JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Justin B Borus 10 percent owner 260 N. JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Lazarus Management Co Llc 10 percent owner 260 N. JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Dr Borenstein Ltd 10 percent owner 18 REINES ST, TEL AVIV L3 00000
Alex Weber officer: Chief Financial Officer POB - 961, NARKIS 2, KOHAV YAIR L3 44864