Minerva Gold annual return on equity
2023
Minerva Gold Return on Equity (ROE) Growth & History (MINR)
Minerva Gold's return on equity was −162.96% for fiscal 2023.
View full Minerva Gold company overviewMinerva Gold annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-02-28 | −162.96% | — |
Minerva Gold quarterly return on equity
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q4 2023 | 2023-02-28 | −95.63% | −74.01 pp |
| Q3 2023 | 2022-11-30 | −39.59% | +3.10 pp |
| Q2 2023 | 2022-08-31 | −28.61% | +378.46 pp |
| Q1 2023 | 2022-05-31 | −53.81% | — |
| Q4 2022 | 2022-02-28 | −21.62% | — |
| Q3 2022 | 2021-11-30 | −42.70% | — |
| Q2 2022 | 2021-08-31 | −407.08% | — |
Minerva Gold return on equity trends
The latest reported quarter, Q4 2023, shows −95.63%.
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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