Adamant Dri Processing & Minerals Group Return on Equity (ROE) Growth & History (ADMG)

Adamant Dri Processing & Minerals Group's return on equity was −1.14% for fiscal 2020.

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Adamant Dri Processing & Minerals Group annual return on equity history

Adamant Dri Processing & Minerals Group annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20202020-12-31−1.14%
20142014-12-31−206.44%−149.57 pp
20132013-12-31−56.87%

Adamant Dri Processing & Minerals Group return on equity trends

Between the periods ended 2013-12-31 and 2020-12-31, Adamant Dri Processing & Minerals Group's return on equity increased from −56.87% to −1.14%, a change of +55.74 percentage points. The latest reported quarter, Q4 2020, shows −0.38%.

About the metric

What return on equity (ROE) means

Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.

Calculation and source

How return on equity is calculated

TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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