Galaxy Enterprises annual return on equity
2022
2023
Galaxy Enterprises Return on Equity (ROE) Growth & History (GLEI)
Galaxy Enterprises's return on equity was −1,715.47% for fiscal 2023.
View full Galaxy Enterprises company overviewGalaxy Enterprises annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-07-31 | −1,715.47% | −1547.31 pp |
| 2022 | 2022-07-31 | −168.16% | — |
Galaxy Enterprises quarterly return on equity
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2023 | 2023-01-31 | −1,647.85% | −1637.37 pp |
| Q1 2023 | 2022-10-31 | −140.05% | −88.83 pp |
| Q4 2022 | 2022-07-31 | −38.11% | — |
| Q3 2022 | 2022-04-30 | −3.76% | — |
| Q2 2022 | 2022-01-31 | −10.48% | — |
| Q1 2022 | 2021-10-31 | −51.22% | — |
Galaxy Enterprises return on equity trends
Between the periods ended 2022-07-31 and 2023-07-31, Galaxy Enterprises's return on equity decreased from −168.16% to −1,715.47%, a change of −1547.31 percentage points. The latest reported quarter, Q2 2023, shows −1,647.85%.
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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