Greenlit Ventures Return on Equity (ROE) Growth & History (GLVT)

Greenlit Ventures's return on equity was −91.09% for fiscal 2019.

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Greenlit Ventures annual return on equity history

Greenlit Ventures annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20192019-12-31−91.09%+219.30 pp
20182018-12-31−310.39%—

Greenlit Ventures return on equity trends

Between the periods ended 2018-12-31 and 2019-12-31, Greenlit Ventures's return on equity increased from −310.39% to −91.09%, a change of +219.30 percentage points. The latest reported quarter, Q3 2020, shows −135.84%.

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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