Greenlite Ventures annual return on equity
2002
2003
Greenlite Ventures Return on Equity (ROE) Growth & History (GRNL)
Greenlite Ventures's return on equity was −287.99% for fiscal 2003.
View full Greenlite Ventures company overviewGreenlite Ventures annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2003 | 2004-03-31 | −287.99% | −128.80 pp |
| 2002 | 2003-03-31 | −159.19% | — |
Greenlite Ventures return on equity trends
Between the periods ended 2003-03-31 and 2004-03-31, Greenlite Ventures's return on equity decreased from −159.19% to −287.99%, a change of −128.80 percentage points.
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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