CordovaCann annual return on equity
2018
2019
2020
2021
2022
2023
CordovaCann Return on Equity (ROE) Growth & History (LVRLF)
CordovaCann's return on equity was −333.99% for fiscal 2023.
View full CordovaCann company overviewCordovaCann annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-06-30 | −333.99% | −268.85 pp |
| 2022 | 2022-06-30 | −65.14% | +13.91 pp |
| 2021 | 2021-06-30 | −79.05% | +76.47 pp |
| 2020 | 2020-06-30 | −155.52% | +81.84 pp |
| 2019 | 2019-06-30 | −237.36% | +10.34 pp |
| 2018 | 2018-06-30 | −247.71% | — |
CordovaCann return on equity trends
Over the last five fiscal years, CordovaCann's return on equity decreased from −247.71% to −333.99%, a change of −86.28 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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