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CYXTQ (Cyxtera Technologies) ROE % : -580.29% (As of Mar. 2023)


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What is Cyxtera Technologies ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Cyxtera Technologies's annualized net income for the quarter that ended in Mar. 2023 was $-1,301.6 Mil. Cyxtera Technologies's average Total Stockholders Equity over the quarter that ended in Mar. 2023 was $224.3 Mil. Therefore, Cyxtera Technologies's annualized ROE % for the quarter that ended in Mar. 2023 was -580.29%.

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

CYXTQ's ROE % is not ranked *
in the Software industry.
Industry Median: 4.385
* Ranked among companies with meaningful ROE % only.

Cyxtera Technologies ROE % Historical Data

The historical data trend for Cyxtera Technologies'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.

Cyxtera Technologies ROE % Chart

Cyxtera Technologies Annual Data
Trend Dec20 Dec21 Dec22
ROE %
-22.02 -44.32 -71.72

Cyxtera Technologies Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -25.18 -28.86 -36.73 -174.84 -580.29

Competitive Comparison of Cyxtera Technologies's ROE %

For the Information Technology Services subindustry, Cyxtera Technologies'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.


Cyxtera Technologies's ROE % Distribution in the Software Industry

For the Software industry and Technology sector, Cyxtera Technologies's ROE % distribution charts can be found below:

* The bar in red indicates where Cyxtera Technologies's ROE % falls into.



Cyxtera Technologies ROE % Calculation

Cyxtera Technologies's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=-355.1/( (605.9+384.3)/ 2 )
=-355.1/495.1
=-71.72 %

Cyxtera Technologies's annualized ROE % for the quarter that ended in Mar. 2023 is calculated as

ROE %=Net Income (Q: Mar. 2023 )/( (Total Stockholders Equity (Q: Dec. 2022 )+Total Stockholders Equity (Q: Mar. 2023 ))/ count )
=-1301.6/( (384.3+64.3)/ 2 )
=-1301.6/224.3
=-580.29 %

* 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 (Mar. 2023) net income data. ROE % is displayed in the 30-year financial page.


Cyxtera Technologies  (OTCPK:CYXTQ) 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: Mar. 2023 )
=Net Income/Total Stockholders Equity
=-1301.6/224.3
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1301.6 / 786.8)*(786.8 / 2916.45)*(2916.45 / 224.3)
=Net Margin %*Asset Turnover*Equity Multiplier
=-165.43 %*0.2698*13.0025
=ROA %*Equity Multiplier
=-44.63 %*13.0025
=-580.29 %

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: Mar. 2023 )
=Net Income/Total Stockholders Equity
=-1301.6/224.3
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1301.6 / -1354) * (-1354 / -36.8) * (-36.8 / 786.8) * (786.8 / 2916.45) * (2916.45 / 224.3)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9613 * 36.7935 * -4.68 % * 0.2698 * 13.0025
=-580.29 %

Note: The net income data used here is four times the quarterly (Mar. 2023) net income data. The Revenue data used here is four times the quarterly (Mar. 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.


Cyxtera Technologies ROE % Related Terms

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Cyxtera Technologies Business Description

Traded in Other Exchanges
N/A
Address
2333 Ponce De Leon Boulevard, Suite 900, Coral Gables, FL, USA, 33134
Cyxtera Technologies Inc is engaged in data center colocation and interconnection services. The company operates a footprint of more than 60 data centers around the world, providing services to more than 2,300 leading enterprises and U.S. federal government agencies. Cyxtera brings proven operational excellence, global scale, flexibility and customer-focused innovation together to provide a comprehensive portfolio of data center and interconnection services.
Executives
Jeffrey C Smith director, 10 percent owner 201 E LAS OLAS BOULEVARD, SUITE 1000, FORT LAUDERDALE FL 33301
Starboard Value Lp director, 10 percent owner 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity Master Fund L Lp director, 10 percent owner 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Scott D. Vogel director 885 PARK AVENUE, NEW YORK NY 10075
Frederick Arnold director CHATSWORTH ADVISORS, INC., 3 YORK ROAD, LARCHMONT NY 10538
Roger Meltzer director 80 PINE STREET, C/O CAHILL GORDON& REINDELL LLP, NEW YORK NY 10005
Benjamin Phillips director 2 ALHAMBRA PLAZA, SUITE PH-1-B, CORAL GABLES FL 33134
James Randolph Rowland officer: Chief Operating Officer C/O CYXTERA TECHNOLOGIES, INC., 2333 PONCE DE LEON, SUITE 900, CORAL CABLES FL 33134
Victor Semah officer: Chief Legal Officer C/O CYXTERA TECHNOLOGIES, INC., 2333 PONCE DE LEON, SUITE 900, CORAL CABLES FL 33134
Carlos Ignacio Sagasta officer: Chief Financial Officer C/O CYXTERA TECHNOLOGIES, INC., 2333 PONCE DE LEON, SUITE 900, CORAL CABLES FL 33134
Fonseca Nelson A. Jr director, officer: See Remarks ONE BISCAYNE TOWER, 2 S. BISCAYNE BLVD, SUITE 2800, MIAMI FL 33131
Edmundo Miranda officer: See Remarks C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Bcec-sis Holdings L.p. 10 percent owner ARNOLD HOUSE PO BOX 273, ST JULIAN'S AVENUE, ST PETER PORT Y7 GY1 3RD
Gregory L Waters director ONSEMI C/O H. SPENCER, 5701 NORTH PIMA ROAD, SCOTTSDALE AZ 85250
Starboard Value L Lp director, 10 percent owner 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017