Cyber Enviro-Tech annual return on equity
2023
2024
Cyber Enviro-Tech Return on Equity (ROE) Growth & History (CETI)
Cyber Enviro-Tech's return on equity was −895.18% for fiscal 2024.
View full Cyber Enviro-Tech company overviewCyber Enviro-Tech annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | −895.18% | −678.47 pp |
| 2023 | 2023-12-31 | −216.71% | — |
Cyber Enviro-Tech quarterly return on equity
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q4 2024 | 2024-12-31 | −320.63% | −220.14 pp |
| Q3 2024 | 2024-09-30 | −41.05% | −5.84 pp |
| Q2 2024 | 2024-06-30 | −55.94% | −14.14 pp |
| Q1 2024 | 2024-03-31 | −57.79% | −31.73 pp |
| Q4 2023 | 2023-12-31 | −100.49% | — |
| Q3 2023 | 2023-09-30 | −35.21% | — |
| Q2 2023 | 2023-06-30 | −41.80% | — |
| Q1 2023 | 2023-03-31 | −26.06% | — |
Cyber Enviro-Tech return on equity trends
Between the periods ended 2023-12-31 and 2024-12-31, Cyber Enviro-Tech's return on equity decreased from −216.71% to −895.18%, a change of −678.47 percentage points. The latest reported quarter, Q4 2024, shows −320.63%.
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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