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Dragonfly Energy Holdings (Dragonfly Energy Holdings) ROE % : -181.39% (As of Mar. 2024)


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What is Dragonfly Energy Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dragonfly Energy Holdings's annualized net income for the quarter that ended in Mar. 2024 was $-41.47 Mil. Dragonfly Energy Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $22.86 Mil. Therefore, Dragonfly Energy Holdings's annualized ROE % for the quarter that ended in Mar. 2024 was -181.39%.

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

DFLI' s ROE % Range Over the Past 10 Years
Min: -298.4   Med: -18.12   Max: 80.4
Current: -108.02

During the past 4 years, Dragonfly Energy Holdings's highest ROE % was 80.40%. The lowest was -298.40%. And the median was -18.12%.

DFLI's ROE % is ranked worse than
97.77% of 2957 companies
in the Industrial Products industry
Industry Median: 6.78 vs DFLI: -108.02

Dragonfly Energy Holdings ROE % Historical Data

The historical data trend for Dragonfly Energy 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.

Dragonfly Energy Holdings ROE % Chart

Dragonfly Energy Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROE %
80.40 35.25 -298.40 -71.49

Dragonfly Energy Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 88.72 -145.05 -141.80 46.15 -181.39

Competitive Comparison of Dragonfly Energy Holdings's ROE %

For the Electrical Equipment & Parts subindustry, Dragonfly Energy 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.


Dragonfly Energy Holdings's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dragonfly Energy Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Dragonfly Energy Holdings's ROE % falls into.



Dragonfly Energy Holdings ROE % Calculation

Dragonfly Energy 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 )
=-13.817/( (10.743+27.912)/ 2 )
=-13.817/19.3275
=-71.49 %

Dragonfly Energy Holdings's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-41.468/( (27.912+17.811)/ 2 )
=-41.468/22.8615
=-181.39 %

* 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. 2024) net income data. ROE % is displayed in the 30-year financial page.


Dragonfly Energy Holdings  (NAS:DFLI) 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. 2024 )
=Net Income/Total Stockholders Equity
=-41.468/22.8615
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-41.468 / 50.02)*(50.02 / 81.8265)*(81.8265 / 22.8615)
=Net Margin %*Asset Turnover*Equity Multiplier
=-82.9 %*0.6113*3.5792
=ROA %*Equity Multiplier
=-50.68 %*3.5792
=-181.39 %

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. 2024 )
=Net Income/Total Stockholders Equity
=-41.468/22.8615
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-41.468 / -41.468) * (-41.468 / -23.356) * (-23.356 / 50.02) * (50.02 / 81.8265) * (81.8265 / 22.8615)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.7755 * -46.69 % * 0.6113 * 3.5792
=-181.39 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


Dragonfly Energy Holdings ROE % Related Terms

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


Dragonfly Energy Holdings (Dragonfly Energy Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1190 Trademark Drive, No. 108, Reno, NV, USA, 89521
Dragonfly Energy Holdings Corp is a manufacturer of non-toxic deep cycle lithium-ion batteries that are designed to displace lead acid batteries in a number of different storage applications and end markets including RV, marine vessel, and solar and off-grid industries, with disruptive solid-state cell technology currently under development.
Executives
Wade Seaburg officer: Chief Revenue Officer C/O DRAGONFLY ENERGY HOLDINGS CORP., 1190 TRADEMARK DRIVE #108, RENO NV 89521
Karina Edmonds director 1190 TRADEMARK DRIVE, #108, RENO NV 89521
Luisa Ingargiola director 4826 BLUE JAY CIRCLE, PALM HARBOR FL 34683
Brian James Nelson director C/O DRAGONFLY ENERGY CORP., 1190 TRADEMARK DR., SUITE 108, RENO NV 89521
Jonathan Bellows director C/O DRAGONFLY ENERGY CORP., 1190 TRADEMARK DR., SUITE 118, RENO NV 89521
Dynavolt Technology (hk) Ltd. 10 percent owner A1601 COMPREHENSIVE BUSINESS BUILDING, MENGSHI INTERNATIONAL PLAZA,GUANGYI ROAD, CHENG HAI, GUANGDONG F4 00000
Tyler Bourns officer: Senior VP of Marketing 1190 TRADEMARK DRIVE, #118, RENO NV 89521
Joan Buell officer: Controller 1190 TRADEMARK DRIVE, #118, RENO NV 89521
Nicole Harvey officer: Gen Counsel,Comp Off,Corp Sec 1190 TRADEMARK DRIVE, #118, RENO NV 89521
Sean Nichols officer: Chief Operating Officer 1190 TRADEMARK DRIVE, #108, RENO NV 89521
Denis Phares director, 10 percent owner, officer: President and CEO 1190 TRADEMARK DRIVE, #108, RENO NV 89521
John Marchetti officer: Chief Financial Officer 3736 FALLON ROAD #428, DUBLIN CA 94568
Rick Parod director 2707 N 108TH STREET STE102, OMAHA NE 68164
Roderick A. Hardamon director 17 STATE STREET, 21ST FLOOR, NEW YORK NY 10004
Hitesh Thakrar director 17 STATE STREET, 21ST FLOOR, NEW YORK NY 10004