Greenlit Ventures Return on Equity (ROE) Growth & History (GLVT)
Greenlit Ventures's return on equity was −91.09% for fiscal 2019.
View full Greenlit Ventures company overviewGreenlit Ventures annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2019 | 2019-12-31 | −91.09% | +219.30 pp |
| 2018 | 2018-12-31 | −310.39% | — |
Greenlit Ventures quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q3 2020 | 2020-09-30 | −135.84% | — |
| Q2 2020 | 2020-06-30 | −89.55% | — |
| Q1 2020 | 2020-03-31 | −50.40% | +56.29 pp |
| Q1 2019 | 2019-03-31 | −106.69% | −69.44 pp |
| Q4 2018 | 2018-12-31 | −449.48% | — |
| Q2 2018 | 2018-06-30 | 5.64% | — |
| Q1 2018 | 2018-03-31 | −37.25% | — |
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%.
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.
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.
Review Greenlit Ventures source filings ↗