Glidelogic Return on Equity (ROE) Growth & History (GDLG)

Glidelogic's return on equity was −1,801.63% for fiscal 2024.

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Glidelogic annual return on equity history

Glidelogic annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20242024-01-31−1,801.63%−1727.08 pp
20232023-01-31−74.55%

Glidelogic return on equity trends

Between the periods ended 2023-01-31 and 2024-01-31, Glidelogic's return on equity decreased from −74.55% to −1,801.63%, a change of −1727.08 percentage points. The latest reported quarter, Q3 2024, shows −107.61%.

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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