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Marijuana Company of America (Marijuana Company of America) ROE % : 0.00% (As of Sep. 2022)


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What is Marijuana Company of America ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Marijuana Company of America's annualized net income for the quarter that ended in Sep. 2022 was $-15.75 Mil. Marijuana Company of America's average Total Stockholders Equity over the quarter that ended in Sep. 2022 was $-3.83 Mil. Therefore, Marijuana Company of America's annualized ROE % for the quarter that ended in Sep. 2022 was N/A%.

The historical rank and industry rank for Marijuana Company of America's ROE % or its related term are showing as below:

MCOA's ROE % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 4.2
* Ranked among companies with meaningful ROE % only.

Marijuana Company of America ROE % Historical Data

The historical data trend for Marijuana Company of America'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.

Marijuana Company of America ROE % Chart

Marijuana Company of America Annual Data
Trend Dec00 Dec01 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROE %
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Marijuana Company of America Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -495.26 -1,207.18 - - -

Competitive Comparison of Marijuana Company of America's ROE %

For the Drug Manufacturers - Specialty & Generic subindustry, Marijuana Company of America'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.


Marijuana Company of America's ROE % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Marijuana Company of America's ROE % distribution charts can be found below:

* The bar in red indicates where Marijuana Company of America's ROE % falls into.



Marijuana Company of America ROE % Calculation

Marijuana Company of America's annualized ROE % for the fiscal year that ended in Dec. 2021 is calculated as

ROE %=Net Income (A: Dec. 2021 )/( (Total Stockholders Equity (A: Dec. 2020 )+Total Stockholders Equity (A: Dec. 2021 ))/ count )
=-10.191/( (-5.461+0.231)/ 2 )
=-10.191/-2.615
=N/A %

Marijuana Company of America's annualized ROE % for the quarter that ended in Sep. 2022 is calculated as

ROE %=Net Income (Q: Sep. 2022 )/( (Total Stockholders Equity (Q: Jun. 2022 )+Total Stockholders Equity (Q: Sep. 2022 ))/ count )
=-15.752/( (-2.137+-5.514)/ 2 )
=-15.752/-3.8255
=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 four times the quarterly (Sep. 2022) 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.


Marijuana Company of America  (OTCPK:MCOA) 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: Sep. 2022 )
=Net Income/Total Stockholders Equity
=-15.752/-3.8255
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-15.752 / 0.568)*(0.568 / 4.5795)*(4.5795 / -3.8255)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2773.24 %*0.124*N/A
=ROA %*Equity Multiplier
=-343.88 %*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: Sep. 2022 )
=Net Income/Total Stockholders Equity
=-15.752/-3.8255
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-15.752 / -15.752) * (-15.752 / -3.572) * (-3.572 / 0.568) * (0.568 / 4.5795) * (4.5795 / -3.8255)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 4.4099 * -628.87 % * 0.124 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.


Marijuana Company of America ROE % Related Terms

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Marijuana Company of America (Marijuana Company of America) Business Description

Traded in Other Exchanges
N/A
Address
633 West 5th Street, Suite 2826, Los Angeles, CA, USA, 90071
Marijuana Company of America Inc is a marijuana marketing and distribution company. Through its subsidiary, the company delivers all the benefits of industrial hemp-derived cannabinoid products to the world through its unique marketing and distribution platform through cDistro. It also provides turn-key services to the legal cannabis and hemp industry, as well as, strategically investing in synergistic companies to develop a diverse portfolio of subsidiaries and joint ventures that create value for our shareholders.
Executives
Jesus Quintero director, 10 percent owner 16860 SOUTHWEST 1ST STREET, PEMBROKE PINES FL 33027
Themistocles Psomiadis director 1420 MIDTOWN AVE, APT 407, MOUNT PLEASANT SC 29464
Donald J Steinberg director, 10 percent owner, officer: President 3223 SUMAC ROAD, FALLBROOK CA 92028
Charles John Larsen director, 10 percent owner 333 WASHINGTON BLVD., #386, MARINA DEL REY CA 90292
Hymers Iii R. Leslie director, 10 percent owner, officer: Chief Financial Officer 520 S GRAND AVENUE, STE 320, LOS ANGELES CA 90071

Marijuana Company of America (Marijuana Company of America) Headlines

From GuruFocus

Annual Letter to MCOA Shareholders

By ACCESSWIRE ACCESSWIRE 05-17-2022