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Hullera Vasco Leonesa S.A. (LSE:0OKC) ROE % : -58.68% (As of Jun. 2015)


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What is Hullera Vasco Leonesa S.A. ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hullera Vasco Leonesa S.A.'s annualized net income for the quarter that ended in Jun. 2015 was €-36.66 Mil. Hullera Vasco Leonesa S.A.'s average Total Stockholders Equity over the quarter that ended in Jun. 2015 was €62.48 Mil. Therefore, Hullera Vasco Leonesa S.A.'s annualized ROE % for the quarter that ended in Jun. 2015 was -58.68%.

The historical rank and industry rank for Hullera Vasco Leonesa S.A.'s ROE % or its related term are showing as below:

LSE:0OKC' s ROE % Range Over the Past 10 Years
Min: -38.27   Med: -0.22   Max: 2.96
Current: -32.72

During the past 6 years, Hullera Vasco Leonesa S.A.'s highest ROE % was 2.96%. The lowest was -38.27%. And the median was -0.22%.

LSE:0OKC's ROE % is not ranked
in the Metals & Mining industry.
Industry Median: -16.22 vs LSE:0OKC: -32.72

Hullera Vasco Leonesa S.A. ROE % Historical Data

The historical data trend for Hullera Vasco Leonesa S.A.'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.

Hullera Vasco Leonesa S.A. ROE % Chart

Hullera Vasco Leonesa S.A. Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
ROE %
Get a 7-Day Free Trial 1.92 -2.24 2.96 -20.45 -38.27

Hullera Vasco Leonesa S.A. Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Jun15
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -35.51 1.40 -79.97 -10.17 -58.68

Competitive Comparison of Hullera Vasco Leonesa S.A.'s ROE %

For the Other Industrial Metals & Mining subindustry, Hullera Vasco Leonesa S.A.'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.


Hullera Vasco Leonesa S.A.'s ROE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hullera Vasco Leonesa S.A.'s ROE % distribution charts can be found below:

* The bar in red indicates where Hullera Vasco Leonesa S.A.'s ROE % falls into.



Hullera Vasco Leonesa S.A. ROE % Calculation

Hullera Vasco Leonesa S.A.'s annualized ROE % for the fiscal year that ended in Dec. 2013 is calculated as

ROE %=Net Income (A: Dec. 2013 )/( (Total Stockholders Equity (A: Dec. 2012 )+Total Stockholders Equity (A: Dec. 2013 ))/ count )
=-37.535/( (117.266+78.903)/ 2 )
=-37.535/98.0845
=-38.27 %

Hullera Vasco Leonesa S.A.'s annualized ROE % for the quarter that ended in Jun. 2015 is calculated as

ROE %=Net Income (Q: Jun. 2015 )/( (Total Stockholders Equity (Q: Jun. 2014 )+Total Stockholders Equity (Q: Jun. 2015 ))/ count )
=-36.664/( (74.575+50.38)/ 2 )
=-36.664/62.4775
=-58.68 %

* 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 two times the semi-annual (Jun. 2015) net income data. ROE % is displayed in the 30-year financial page.


Hullera Vasco Leonesa S.A.  (LSE:0OKC) 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: Jun. 2015 )
=Net Income/Total Stockholders Equity
=-36.664/62.4775
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-36.664 / 22.202)*(22.202 / 125.082)*(125.082 / 62.4775)
=Net Margin %*Asset Turnover*Equity Multiplier
=-165.14 %*0.1775*2.002
=ROA %*Equity Multiplier
=-29.31 %*2.002
=-58.68 %

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: Jun. 2015 )
=Net Income/Total Stockholders Equity
=-36.664/62.4775
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-36.664 / -36.664) * (-36.664 / -35.758) * (-35.758 / 22.202) * (22.202 / 125.082) * (125.082 / 62.4775)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.0253 * -161.06 % * 0.1775 * 2.002
=-58.68 %

Note: The net income data used here is two times the semi-annual (Jun. 2015) net income data. The Revenue data used here is two times the semi-annual (Jun. 2015) 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.


Hullera Vasco Leonesa S.A. ROE % Related Terms

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


Hullera Vasco Leonesa S.A. (LSE:0OKC) Business Description

Traded in Other Exchanges
N/A
Address
Hullera Vasco Leonesa S.A. is engaged in the exploration and development of coal mines in Europe.

Hullera Vasco Leonesa S.A. (LSE:0OKC) Headlines

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