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KNOS (Kronos Advanced Technologies) ROE % : 0.00% (As of Jun. 2020)


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What is Kronos Advanced Technologies ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Kronos Advanced Technologies's annualized net income for the quarter that ended in Jun. 2020 was $-0.49 Mil. Kronos Advanced Technologies's average Total Stockholders Equity over the quarter that ended in Jun. 2020 was $-0.68 Mil. Therefore, Kronos Advanced Technologies's annualized ROE % for the quarter that ended in Jun. 2020 was N/A%.

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

KNOS's ROE % is not ranked *
in the Industrial Products industry.
Industry Median: 6.285
* Ranked among companies with meaningful ROE % only.

Kronos Advanced Technologies ROE % Historical Data

The historical data trend for Kronos Advanced 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.

Kronos Advanced Technologies ROE % Chart

Kronos Advanced Technologies Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun20
ROE %
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Kronos Advanced Technologies Semi-Annual Data
Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun20
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Competitive Comparison of Kronos Advanced Technologies's ROE %

For the Pollution & Treatment Controls subindustry, Kronos Advanced 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.


Kronos Advanced Technologies's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kronos Advanced Technologies's ROE % distribution charts can be found below:

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



Kronos Advanced Technologies ROE % Calculation

Kronos Advanced Technologies's annualized ROE % for the fiscal year that ended in Jun. 2020 is calculated as

ROE %=Net Income (A: Jun. 2020 )/( (Total Stockholders Equity (A: Jun. 2008 )+Total Stockholders Equity (A: Jun. 2020 ))/ count )
=-0.493/( (-0.5+-0.859)/ 2 )
=-0.493/-0.6795
=N/A %

Kronos Advanced Technologies's annualized ROE % for the quarter that ended in Jun. 2020 is calculated as

ROE %=Net Income (Q: Jun. 2020 )/( (Total Stockholders Equity (Q: Jun. 2008 )+Total Stockholders Equity (Q: Jun. 2020 ))/ count )
=-0.493/( (-0.5+-0.859)/ 2 )
=-0.493/-0.6795
=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 one times the annual (Jun. 2020) 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.


Kronos Advanced Technologies  (OTCPK:KNOS) 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. 2020 )
=Net Income/Total Stockholders Equity
=-0.493/-0.6795
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.493 / 0.041)*(0.041 / 1.99)*(1.99 / -0.6795)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1202.44 %*0.0206*N/A
=ROA %*Equity Multiplier
=-24.77 %*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: Jun. 2020 )
=Net Income/Total Stockholders Equity
=-0.493/-0.6795
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.493 / -0.493) * (-0.493 / -0.137) * (-0.137 / 0.041) * (0.041 / 1.99) * (1.99 / -0.6795)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 3.5985 * -334.15 % * 0.0206 * N/A
=N/A %

Note: The net income data used here is one times the annual (Jun. 2020) net income data. The Revenue data used here is one times the annual (Jun. 2020) 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.


Kronos Advanced Technologies ROE % Related Terms

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Kronos Advanced Technologies Business Description

Traded in Other Exchanges
N/A
Address
505 24th Street, Parkersburg, WV, USA, 26101
Kronos Advanced Technologies Inc is a product development and production company that continues to develop and patent technology that among other things fundamentally changes the way air is moved, filtered, and sterilized. Its products are marketed under AIRDOG and KRONOS brands and are categorized into Residential Products and Medical Products. The products are available in smaller footprint to provide air cleaning in cars. The company also sells bio-aerosol sensors and wearable sensors which are designed to identify aerosol contaminants in the air.
Executives
Barry M Salzman director 464 COMMON STREET, SUITE 301, BELMONT MA 02478
James K Price director C/O TURBOCHEF TECHNOLOGIES, INC., SUITE 1900, SIX CONCOURSE PARKWAY, ATLANTA GA 30328
Jack Silver 10 percent owner, other: Member 13(d) group owning +10% 660 MADISON AVENUE, NEW YORK NY 10021
Richard E Perlman 10 percent owner, other: Member 13(d) group owning +10% C/O TURBOCHEF TECHNOLOGIES, INC., SUITE 1900, SIX CONCOURSE PARKWAY, ATLANTA GA 30328
Rs Properties I Llc 10 percent owner, other: Mbr 13(d) grp owning + 10% 40 WALL STREET 23RD FLOOR NEW YORK NY 10005
Cornell Capital Partners Lp other: Please See Remarks 101 HUDSON STREET, SUITE 3606, JERSEY CITY NJ 07302
Marc Angelo other: Please see remarks 101 HUDSON STREET, JERSEY CITY NJ 07302
Yorkville Advisors Llc other: Please see remarks 101 HUDSON STREET, JERSEY CITY NJ 07302
Spencer I Browne director 8450 EAST CRESCENT PKWY, STE 100, GREENWOOD VILLAGE CO 80111

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