GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » WiSA Technologies Inc (NAS:WISA) » Definitions » ROE %

WISA (WiSA Technologies) ROE % : -9,075.25% (As of Jun. 2024)


View and export this data going back to 2018. Start your Free Trial

What is WiSA Technologies ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. WiSA Technologies's annualized net income for the quarter that ended in Jun. 2024 was $-170.66 Mil. WiSA Technologies's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was $1.88 Mil. Therefore, WiSA Technologies's annualized ROE % for the quarter that ended in Jun. 2024 was -9,075.25%.

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

WISA' s ROE % Range Over the Past 10 Years
Min: -4683.94   Med: -253.1   Max: -97.32
Current: -4683.94

During the past 8 years, WiSA Technologies's highest ROE % was -97.32%. The lowest was -4,683.94%. And the median was -253.10%.

WISA's ROE % is ranked worse than
99.9% of 982 companies
in the Semiconductors industry
Industry Median: 4.31 vs WISA: -4683.94

WiSA Technologies ROE % Historical Data

The historical data trend for WiSA 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.

WiSA Technologies ROE % Chart

WiSA Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial -488.46 -281.58 -97.32 -224.62 -

WiSA Technologies Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -312.74 -724.70 - Negative Equity -9,075.25

Competitive Comparison of WiSA Technologies's ROE %

For the Semiconductors subindustry, WiSA 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.


WiSA Technologies's ROE % Distribution in the Semiconductors Industry

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

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



WiSA Technologies ROE % Calculation

WiSA Technologies'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 )
=-18.721/( (-1.996+-4.91)/ 2 )
=-18.721/-3.453
=N/A %

WiSA Technologies's annualized ROE % for the quarter that ended in Jun. 2024 is calculated as

ROE %=Net Income (Q: Jun. 2024 )/( (Total Stockholders Equity (Q: Mar. 2024 )+Total Stockholders Equity (Q: Jun. 2024 ))/ count )
=-170.66/( (-2.669+6.43)/ 2 )
=-170.66/1.8805
=-9,075.25 %

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


WiSA Technologies  (NAS:WISA) 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. 2024 )
=Net Income/Total Stockholders Equity
=-170.66/1.8805
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-170.66 / 1.38)*(1.38 / 8.781)*(8.781 / 1.8805)
=Net Margin %*Asset Turnover*Equity Multiplier
=-12366.67 %*0.1572*4.6695
=ROA %*Equity Multiplier
=-1944.04 %*4.6695
=-9,075.25 %

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. 2024 )
=Net Income/Total Stockholders Equity
=-170.66/1.8805
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-170.66 / -170.66) * (-170.66 / -21.62) * (-21.62 / 1.38) * (1.38 / 8.781) * (8.781 / 1.8805)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 7.8936 * -1566.67 % * 0.1572 * 4.6695
=-9,075.25 %

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


WiSA Technologies ROE % Related Terms

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


WiSA Technologies Business Description

Traded in Other Exchanges
N/A
Address
15268 NW Greenbrier Parkway, Beaverton, OR, USA, 97006
WiSA Technologies Inc is a provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems through the sale of module components to audio companies as well as audio products to resellers and consumers.. The company works with consumer electronics companies, technology providers, retailers, and ecosystem partners to make immersive audio an enjoyable experience. The company has a geographic presence in Asia Pacific, North America, Europe and, other.
Executives
Gary Williams officer: See Remarks C/O FOCUS ENHANCEMENTS INC, 1370 DELL AVE, CAMPBELL CA 95008
Brett Moyer director, officer: See Remarks C/O FOCUS ENHANCEMENTS INC, 1370 DELL AVE, CAMPBELL CA 95008
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
George Oliva officer: Chief Financial Officer 5429 BLACKBIRD DRIVE, PLEASANTON CA 94566
David Marc Howitt director 2836 SW PERIANDER ST., PORTLAND OR 97201
Michael Howse director 6840 VIA DEL ORO STE. 280, SAN JOSE CA 95119
Wendy Wilson director 11950 RHUS RIDGE ROAD, LOS ALTOS HILLS CA 94022
Sriram Krishnamurthy Peruvemba director 12251 TOLUCA DRIVE, SAN RAMON CA 94583
Robert Tobias director 1308 PAULINE DRIVE, SUNNYVALE CA 94087
Helge Kristensen director 6840 VIA DEL ORO STE. 280, SAN JOSE CA 95119
Jonathan Gazdak director 6840 VIA DEL ORO STE. 280, SAN JOSE CA 95119
Jeffrey M Gilbert director 6840 VIA DEL ORO STE. 280, SAN JOSE CA 95119
Lisa M Cummins director 3011 TRIAD DRIVE, LIVERMORE CA 94551
Sam Runco director 2900 FABER ST, UNION CITY CA 94587