Groove Botanicals Return on Equity (ROE) Growth & History (GRVE)

Groove Botanicals's return on equity was −458.73% for fiscal 2015.

View full Groove Botanicals company overview

Groove Botanicals annual return on equity history

Groove Botanicals annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20152016-03-31−458.73%−465.65 pp
20142015-03-316.91%+101.93 pp
20132014-03-31−95.02%+31.98 pp
20122013-03-31−126.99%−44.40 pp
20112012-03-31−82.60%

Groove Botanicals return on equity trends

Between the periods ended 2012-03-31 and 2016-03-31, Groove Botanicals's return on equity decreased from −82.60% to −458.73%, a change of −376.14 percentage points. The latest reported quarter, Q4 2015, shows −395.78%.

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.

Review Groove Botanicals source filings ↗

Community posts

It’s quiet here.

No posts about GRVE yet. Start the conversation.

Write the first post