Appsoft Technologies Return on Equity (ROE) Growth & History (ASFT)

Appsoft Technologies's return on equity was −764.47% for fiscal 2016.

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Appsoft Technologies annual return on equity history

Appsoft Technologies annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20162016-12-31−764.47%

Appsoft Technologies return on equity trends

The latest reported quarter, Q2 2017, shows −1,936.92%.

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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