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Gryphon Digital Mining (Gryphon Digital Mining) ROE % : 0.00% (As of Dec. 2023)


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What is Gryphon Digital Mining ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Gryphon Digital Mining's annualized net income for the quarter that ended in Dec. 2023 was $-11.58 Mil. Gryphon Digital Mining's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $-6.92 Mil. Therefore, Gryphon Digital Mining's annualized ROE % for the quarter that ended in Dec. 2023 was N/A%.

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

GRYP's ROE % is not ranked *
in the Capital Markets industry.
Industry Median: 5.29
* Ranked among companies with meaningful ROE % only.

Gryphon Digital Mining ROE % Historical Data

The historical data trend for Gryphon Digital Mining'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.

Gryphon Digital Mining ROE % Chart

Gryphon Digital Mining Annual Data
Trend Dec21 Dec22 Dec23
ROE %
-116.02 -1,111.07 -

Gryphon Digital Mining Semi-Annual Data
Dec21 Dec22 Dec23
ROE % -116.02 -1,111.07 -

Competitive Comparison of Gryphon Digital Mining's ROE %

For the Capital Markets subindustry, Gryphon Digital Mining'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.


Gryphon Digital Mining's ROE % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Gryphon Digital Mining's ROE % distribution charts can be found below:

* The bar in red indicates where Gryphon Digital Mining's ROE % falls into.



Gryphon Digital Mining ROE % Calculation

Gryphon Digital Mining'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 )
=-11.578/( (-4.826+-9.011)/ 2 )
=-11.578/-6.9185
=N/A %

Gryphon Digital Mining's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Dec. 2022 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-11.578/( (-4.826+-9.011)/ 2 )
=-11.578/-6.9185
=N/A %

* 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 one times the annual (Dec. 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.


Gryphon Digital Mining  (NAS:GRYP) 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
=-11.578/-6.9185
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-11.578 / 6.836)*(6.836 / 10.413)*(10.413 / -6.9185)
=Net Margin %*Asset Turnover*Equity Multiplier
=-169.37 %*0.6565*N/A
=ROA %*Equity Multiplier
=-111.19 %*N/A
=N/A %

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
=-11.578/-6.9185
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-11.578 / -8.603) * (-8.603 / -6.899) * (-6.899 / 6.836) * (6.836 / 10.413) * (10.413 / -6.9185)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.3458 * 1.247 * -100.92 % * 0.6565 * N/A
=N/A %

Note: The net income data used here is one times the annual (Dec. 2023) net income data. The Revenue data used here is one times the annual (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.


Gryphon Digital Mining ROE % Related Terms

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Gryphon Digital Mining (Gryphon Digital Mining) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
5953 Mabel Road, Unit 138, Las Vegas, NV, USA, 89110
Gryphon Digital Mining Inc is a Bitcoin mining company. Gryphon's mission is to create the world's leading net carbon-neutral Bitcoin miner. The Company will operate a digital asset, mining operation using specialized computers equipped with application-specific integrated circuit (ASIC) chips to solve complex cryptographic algorithms in support of the Bitcoin blockchain in exchange for cryptocurrency rewards (primarily Bitcoin).

Gryphon Digital Mining (Gryphon Digital Mining) Headlines

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