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Cardiff Lexington (Cardiff Lexington) ROE % : 26.01% (As of Dec. 2023)


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What is Cardiff Lexington ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Cardiff Lexington's annualized net income for the quarter that ended in Dec. 2023 was $0.99 Mil. Cardiff Lexington's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $3.80 Mil. Therefore, Cardiff Lexington's annualized ROE % for the quarter that ended in Dec. 2023 was 26.01%.

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

CDIX' s ROE % Range Over the Past 10 Years
Min: 117.55   Med: 5058.78   Max: Negative Equity
Current: 423.28

During the past 13 years, Cardiff Lexington's highest ROE % was Negative Equity%. The lowest was 117.55%. And the median was 5,058.78%.

CDIX's ROE % is ranked better than
99.59% of 1695 companies
in the Asset Management industry
Industry Median: 4.32 vs CDIX: 423.28

Cardiff Lexington ROE % Historical Data

The historical data trend for Cardiff Lexington'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.

Cardiff Lexington ROE % Chart

Cardiff Lexington 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 - - Negative Equity - 117.55

Cardiff Lexington 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 -572.35 - Negative Equity 27,337.93 26.01

Competitive Comparison of Cardiff Lexington's ROE %

For the Asset Management subindustry, Cardiff Lexington'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.


Cardiff Lexington's ROE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cardiff Lexington's ROE % distribution charts can be found below:

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



Cardiff Lexington ROE % Calculation

Cardiff Lexington'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 )
=3.028/( (-1.47+6.622)/ 2 )
=3.028/2.576
=117.55 %

Cardiff Lexington'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 )
=0.988/( (0.975+6.622)/ 2 )
=0.988/3.7985
=26.01 %

* 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.


Cardiff Lexington  (OTCPK:CDIX) 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
=0.988/3.7985
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.988 / 8.288)*(8.288 / 19.6325)*(19.6325 / 3.7985)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.92 %*0.4222*5.1685
=ROA %*Equity Multiplier
=5.03 %*5.1685
=26.01 %

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
=0.988/3.7985
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.988 / 1.332) * (1.332 / 2.02) * (2.02 / 8.288) * (8.288 / 19.6325) * (19.6325 / 3.7985)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7417 * 0.6594 * 24.37 % * 0.4222 * 5.1685
=26.01 %

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.


Cardiff Lexington ROE % Related Terms

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


Cardiff Lexington (Cardiff Lexington) Business Description

Traded in Other Exchanges
N/A
Address
401 East Las Olas boulevard, Suite 1400, Fort Lauderdale, FL, USA, 33301
Cardiff Lexington Corp is a small-cap Holding company. Through its subsidiaries, it operates in given segments: Affordable Housing, Tax Resolution Services, Real Estate, and Healthcare. The Affordable Housing segment leases and sells mobile homes as an option for a homeowner wishing to avoid large down payments, expensive maintenance costs, large monthly mortgage payments, and high property taxes and insurance. The Tax segment provides tax resolution services to individuals and companies that have federal and state tax liabilities. The Real estate segment consists of 30 prime acres of land; 23.5 acres zoned MDR and the Healthcare segment is a group of doctors that provide a full range of diagnostic and surgical services.
Executives
David Lawrence Mccarthy 10 percent owner 21 JEAN COURT, GREENLAWN NY 11740
Jason A Levy 10 percent owner 1301 S. 101 ST., #105, OMAHA NE 68124
Kathleen Roberton director, 10 percent owner, officer: Chief Executive Officer C/O CARDIFF INTERNATIONAL, INC., 411 N NEW RIVER DRIVE E, UNIT 2202, FT. LAUDERDALE FL 33301
Jarrett B Posner 10 percent owner 280 PARK AVENUE, NEW YORK NY 10017
Steven Posner Irrevocable Trust 10 percent owner 10800 BISCAYNE BLVD., SUITE 350, MIAMI FL 33161
Sean Posner 10 percent owner 10800 BISCAYNE BOULEVARD, SUITE 350, MIAMI FL 33161
Estate Of Steven N. Posner 10 percent owner 10800 BISCAYNE BOULEVARD, SUITE 350, MIAMI FL 33161
Joseph Dileonardo officer: President 157 HALE STREET, ELMHURST IL 60126
Daniel Thompson director, 10 percent owner, officer: President/CEO 5717 TANNER RIDGE AVENUE, WESTLAKE VILLAGE CA 91362
Gary Teel director, 10 percent owner, officer: chairman 210 SAN YSIDRO ROAD, SANTA BARBARA CA 93108
Robert Fallon officer: Chief Marketing Officer 98 BOW STREET, DUXBURY MA 02332

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