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Beyond (Beyond) ROE % : -147.14% (As of Dec. 2023)


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What is Beyond ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Beyond's annualized net income for the quarter that ended in Dec. 2023 was $-644 Mil. Beyond's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $438 Mil. Therefore, Beyond's annualized ROE % for the quarter that ended in Dec. 2023 was -147.14%.

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

BYON' s ROE % Range Over the Past 10 Years
Min: -134.08   Med: -1.66   Max: 69.65
Current: -56.28

During the past 13 years, Beyond's highest ROE % was 69.65%. The lowest was -134.08%. And the median was -1.66%.

BYON's ROE % is ranked worse than
93.83% of 1086 companies
in the Retail - Cyclical industry
Industry Median: 5.925 vs BYON: -56.28

Beyond ROE % Historical Data

The historical data trend for Beyond'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.

Beyond ROE % Chart

Beyond 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 -98.72 22.91 69.65 -5.07 -61.26

Beyond 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 -9.38 -6.41 -48.44 -46.30 -147.14

Competitive Comparison of Beyond's ROE %

For the Internet Retail subindustry, Beyond'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.


Beyond's ROE % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Beyond's ROE % distribution charts can be found below:

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



Beyond ROE % Calculation

Beyond'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 )
=-307.842/( (645.826+359.132)/ 2 )
=-307.842/502.479
=-61.26 %

Beyond'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 )
=-643.972/( (516.184+359.132)/ 2 )
=-643.972/437.658
=-147.14 %

* 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.


Beyond  (NYSE:BYON) 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
=-643.972/437.658
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-643.972 / 1537.832)*(1537.832 / 703.301)*(703.301 / 437.658)
=Net Margin %*Asset Turnover*Equity Multiplier
=-41.88 %*2.1866*1.607
=ROA %*Equity Multiplier
=-91.57 %*1.607
=-147.14 %

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
=-643.972/437.658
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-643.972 / -378.42) * (-378.42 / -258.248) * (-258.248 / 1537.832) * (1537.832 / 703.301) * (703.301 / 437.658)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.7017 * 1.4653 * -16.79 % * 2.1866 * 1.607
=-147.14 %

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.


Beyond ROE % Related Terms

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


Beyond (Beyond) Business Description

Traded in Other Exchanges
Address
799 West Coliseum Way, Midvale, UT, USA, 84047
Beyond Inc is an online retailer that provides products and services through websites. The company offers a broad range of products, including furniture, décor, area rugs, bedding and bath, home improvement, outdoor, and kitchen and dining items, BMMG (like books, magazines, CDs), electronics, and other items. The home and garden product line account for a material part of its total revenue. The company operates through a direct business that makes sales from the company's own inventory, and a partner business that sells merchandise from manufacturers, distributors and other suppliers through the company's websites. The company generates the majority of its total revenue from partner business in terms of business format, and from the U.S. in terms of market.
Executives
Marcus Lemonis director 200 EAST BROWARD SUITE 920, FT LAUDERDALE FL 33301
Tabacco Joseph J Jr director 6350 SOUTH 3000 EAST, SALT LAKE CITY UT 84121
Nettles William Benjamin Jr director 799 WEST COLISEUM WAY, MIDVALE UT 84047
Barbara Messing director C/O XO GROUP INC., 195 BROADWAY, 25TH FLOOR, NEW YORK NY 10007
Joel Weight officer: Chief Technology Officer 799 WEST COLISEUM WAY, MIDVALE UT 84047
Debra Sue Bollom officer: CHIEF MERCHANDISING OFFICER 799 WEST COLISEUM WAY, MIDVALE UT 84047
Eric Glen Nickle officer: VP, Legal & General Counsel 799 W COLISEUM WAY, MIDVALE UT 84047
Joanna Catherine Burkey director 799 WEST COLISEUM WAY, MIDVALE UT 84047
Barclay F Corbus director 6350 SOUTH 3000 EAST, SALT LAKE CITY UT 84121
Johnson Jonathan E Iii officer: General Counsel & VP 6322 S 300 S, STE 100, SALT LAKE CITY UT 84121
Carlisha Brown Robinson officer: Chief Product Officer 799 WEST COLISEUM WAY, MIDVALE UT 84047
Krista Jean Mathews officer: Chief Customer Officer 799 W. COLISEUM WAY, MIDVALE UT 84047
Matthew Philip Willden officer: Chief People Officer 799 WEST COLISEUM WAY, MIDVALE UT 84047
Chia-fen Angela Hsu officer: Chief Marketing Officer 799 WEST COLISEUM WAY, MIDVALE UT 84047
David J. Nielsen officer: Chief Sourcing & Oper Officer 6350 SOUTH 3000 EAST, SALT LAKE CITY UT 84121

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