GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Oxbridge Re Holdings Ltd (NAS:OXBR) » Definitions » ROE %

Oxbridge Re Holdings (Oxbridge Re Holdings) ROE % : -147.05% (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Oxbridge Re Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Oxbridge Re Holdings's annualized net income for the quarter that ended in Dec. 2023 was $-9.76 Mil. Oxbridge Re Holdings's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $6.64 Mil. Therefore, Oxbridge Re Holdings's annualized ROE % for the quarter that ended in Dec. 2023 was -147.05%.

The historical rank and industry rank for Oxbridge Re Holdings's ROE % or its related term are showing as below:

OXBR' s ROE % Range Over the Past 10 Years
Min: -92.25   Med: -0.37   Max: 70.16
Current: -79.97

During the past 11 years, Oxbridge Re Holdings's highest ROE % was 70.16%. The lowest was -92.25%. And the median was -0.37%.

OXBR's ROE % is ranked worse than
98.77% of 486 companies
in the Insurance industry
Industry Median: 9.965 vs OXBR: -79.97

Oxbridge Re Holdings ROE % Historical Data

The historical data trend for Oxbridge Re Holdings'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.

Oxbridge Re Holdings ROE % Chart

Oxbridge Re Holdings 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 -1.83 1.10 70.16 -11.04 -92.25

Oxbridge Re Holdings 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 18.53 3.76 -0.16 -244.78 -147.05

Competitive Comparison of Oxbridge Re Holdings's ROE %

For the Insurance - Reinsurance subindustry, Oxbridge Re Holdings'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.


Oxbridge Re Holdings's ROE % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Oxbridge Re Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Oxbridge Re Holdings's ROE % falls into.



Oxbridge Re Holdings ROE % Calculation

Oxbridge Re Holdings'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 )
=-9.373/( (14.989+5.332)/ 2 )
=-9.373/10.1605
=-92.25 %

Oxbridge Re Holdings'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 )
=-9.764/( (7.948+5.332)/ 2 )
=-9.764/6.64
=-147.05 %

* 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.


Oxbridge Re Holdings  (NAS:OXBR) 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
=-9.764/6.64
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-9.764 / -7.62)*(-7.62 / 9.725)*(9.725 / 6.64)
=Net Margin %*Asset Turnover*Equity Multiplier
=128.14 %*-0.7835*1.4646
=ROA %*Equity Multiplier
=-100.4 %*1.4646
=-147.05 %

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
=-9.764/6.64
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / EBIT) * (EBIT / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-9.764 / -9.764) * (-9.764 / 0) * (0 / -7.62) * (-7.62 / 9.725) * (9.725 / 6.64)
= Tax Burden * Interest Burden * EBIT Margin % * Asset Turnover * Equity Multiplier
= 1 * N/A * 0 % * -0.7835 * 1.4646
=-147.05 %

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.


Oxbridge Re Holdings ROE % Related Terms

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


Oxbridge Re Holdings (Oxbridge Re Holdings) Business Description

Traded in Other Exchanges
N/A
Address
42 Edward Street, Suite 201, P.O. Box 469, Georgetown, Grand Cayman, CYM, KY1-9006
Oxbridge Re Holdings Ltd is a specialty property and casualty reinsurer. It provides reinsurance solutions through its subsidiary. It focuses on underwriting fully collateralized reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States, with an emphasis on Florida. Oxbridge specializes in underwriting medium frequency, high severity risks, where insufficient data exists to analyze effectively the risk/return profile of reinsurance contracts. It derives most revenues from three principal sources premiums assumed from reinsurance on property and casualty business; income from investments and unrealized (loss)/ gain on other investments; and income under our Administrative Services Agreement.
Executives
Sanjay Madhu director, officer: CEO, President 425 EAST DAVIS BLVD., TAMPA FL 33606
Allan S. Martin 10 percent owner 401 EAST JACKSON STREET, SUITE 2370, TAMPA FL 33601
Arun Gowda director SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006
Dwight Lyndon Merren director SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006
Lesley Helen Thompson director SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006
Raymond E Cabillot director 3033 EXCELSIOR BLVD., STE 560, MINNEAPOLIS MN 55416
Wrendon Timothy officer: Controller & Secretary P.O. BOX 469, CAMANA BAY E9 KY1-9006
Paresh Patel director, 10 percent owner 1520 GULF BLVD., APT. 1706, CLEARWATER FL 33767
Mayur Patel director 12 CHRIS ELIOT COURT, HUNT VALLEY MD 21030
Krishna Persaud director 11767 BAYFIELD DRIVE, BOCA RATON FL 33498

Oxbridge Re Holdings (Oxbridge Re Holdings) Headlines

From GuruFocus

Oxbridge Re Announces 2023 First Quarter Results on May 12, 2023

By GlobeNewswire GlobeNewswire 05-09-2023

Oxbridge Re Holdings Limited Reports First Quarter 2022 Results

By ACCESSWIRE ACCESSWIRE 05-13-2022

Oxbridge Re Announce 2021 First Quarter Results on May 14, 2021

By ACCESSWIRE ACCESSWIRE 04-30-2021

Oxbridge Re Holdings Limited Reports First Quarter 2023 Results

By sperokesalga sperokesalga 05-12-2023

Oxbridge Re Announces 2023 First Quarter Results on May 12, 2023

By sperokesalga sperokesalga 05-09-2023

Oxbridge Announces Filing of SPAC Business Combination Agreement

By sperokesalga sperokesalga 02-28-2023