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LQR House (LQR House) ROE % : -261.77% (As of Dec. 2023)


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What is LQR House ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. LQR House's annualized net income for the quarter that ended in Dec. 2023 was $-25.31 Mil. LQR House's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $9.67 Mil. Therefore, LQR House's annualized ROE % for the quarter that ended in Dec. 2023 was -261.77%.

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

LQR' s ROE % Range Over the Past 10 Years
Min: -312.5   Med: -65.74   Max: -55.08
Current: -312.5

During the past 3 years, LQR House's highest ROE % was -55.08%. The lowest was -312.50%. And the median was -65.74%.

LQR's ROE % is ranked worse than
98.58% of 211 companies
in the Beverages - Alcoholic industry
Industry Median: 7.01 vs LQR: -312.50

LQR House ROE % Historical Data

The historical data trend for LQR House'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.

LQR House ROE % Chart

LQR House Annual Data
Trend Dec21 Dec22 Dec23
ROE %
-55.08 -65.74 -189.05

LQR House Quarterly Data
Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.04 -68.55 -745.49 -650.26 -261.77

Competitive Comparison of LQR House's ROE %

For the Beverages - Wineries & Distilleries subindustry, LQR House'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.


LQR House's ROE % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, LQR House's ROE % distribution charts can be found below:

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



LQR House ROE % Calculation

LQR House'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 )
=-15.748/( (2.04+14.62)/ 2 )
=-15.748/8.33
=-189.05 %

LQR House'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 )
=-25.312/( (4.719+14.62)/ 2 )
=-25.312/9.6695
=-261.77 %

* 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.


LQR House  (NAS:LQR) 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
=-25.312/9.6695
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-25.312 / 2.436)*(2.436 / 10.2395)*(10.2395 / 9.6695)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1039.08 %*0.2379*1.0589
=ROA %*Equity Multiplier
=-247.2 %*1.0589
=-261.77 %

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
=-25.312/9.6695
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-25.312 / -25.312) * (-25.312 / -17.812) * (-17.812 / 2.436) * (2.436 / 10.2395) * (10.2395 / 9.6695)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.4211 * -731.2 % * 0.2379 * 1.0589
=-261.77 %

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.


LQR House ROE % Related Terms

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


LQR House (LQR House) Business Description

Traded in Other Exchanges
N/A
Address
6800 Indian Creek Drive, Suite 1E, Miami Beach, FL, USA, 33141
LQR House Inc intends to become the full-service digital marketing and brand development face of the alcoholic beverage space. It also intends to integrate the supply, sales, and marketing facets of the alcoholic beverage space into one easy-to-use platform and become the one-stop shop for everything related to alcohol. The company's primary business includes the development of premium limited-batch spirit brands, establishing an exclusive wine club, and marketing internal and external brands through an exclusive agreement with a U.S.-based e-commerce portal. It believes that the marketing and brand management services it provides to its wholly owned and third-party clients will increase brand recognition thereof, and drive sales thereof through its e-commerce platform partner.
Executives
Sean Dollinger director, 10 percent owner, officer: Chief Executive Officer 6800 INDIAN CREEK DRIVE, SUITE 1E, MIAMI BEACH FL 33141
Gary L Herman director 720 FIFTH AVE, 10TH FLOOR, NEW YORK NY 10019
James C. Huber director 127 FLORENCE DRIVE, JUPITER FL 33458
Kbros, Llc 10 percent owner 23658 SAN VICENTE ROAD, RAMONA CA 92065
Guy Dollinger director 283 RUE PICASSO, DOLLARD-DES-ORMEAUX A8 H9A 3K2
Jaclyn Hoffman officer: Chief Marketing Officer 166 2ND AVENUE, APT 2A, NEW YORK NY 10003
Kumar Abhishek officer: Chief Financial Officer 25/3A, RAIL VIHAR, SECTOR 56, GURGAON K7 122002
Darren Collins director 22 RIVERVIEW ROAD, ALLISTON A6 L9M 1R2
Alexandra Hoffman director 6800 INDIAN CREEK DRIVE, APT 101, MIAMI BEACH FL 33141
James P. O'brien director 3000-360 MAIN STREET, WINNIPEG A2 R3C 4G1