Mitesco Return on Equity (ROE) Growth & History (MITI)
Mitesco's return on equity was −7.53% for fiscal 2015.
View full Mitesco company overviewMitesco annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2015 | 2015-12-31 | −7.53% | +382.94 pp |
| 2014 | 2014-12-31 | −390.47% | — |
Mitesco quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q4 2021 | 2021-12-31 | −429.33% | — |
| Q3 2021 | 2021-09-30 | −276.47% | — |
| Q2 2021 | 2021-06-30 | −79.67% | — |
| Q4 2014 | 2014-12-31 | −454.14% | +689.73 pp |
| Q4 2013 | 2013-12-31 | −1,143.87% | — |
| Q1 2012 | 2012-03-31 | −720.82% | — |
| Q4 2011 | 2011-12-31 | −20.00% | — |
Mitesco return on equity trends
Between the periods ended 2014-12-31 and 2015-12-31, Mitesco's return on equity increased from −390.47% to −7.53%, a change of +382.94 percentage points. The latest reported quarter, Q4 2021, shows −429.33%.
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.
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