Mag Mile Capital annual return on equity
2022
2022
2023
Mag Mile Capital Return on Equity (ROE) Growth & History (MMCP)
Mag Mile Capital's return on equity was −642.11% for fiscal 2023.
View full Mag Mile Capital company overviewMag Mile Capital annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | −642.11% | −784.00 pp |
| 2022 · Dec 31 | 2022-12-31 | 141.89% | — |
| 2022 · Jul 31 | 2022-07-31 | −35.98% | — |
Mag Mile Capital quarterly return on equity
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q1.23
Q2.23
Q3.23
Q1.24
Q2.24
Q3.24
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q3 2024 | 2024-09-30 | −146.94% | −136.34 pp |
| Q2 2024 | 2024-06-30 | 165.00% | — |
| Q1 2024 | 2024-03-31 | −78.42% | — |
| Q3 2023 · Sep 30 | 2023-09-30 | −10.60% | — |
| Q2 2023 · Jul 31 | 2023-07-31 | −9.95% | −67.28 pp |
| Q1 2023 · Apr 30 | 2023-04-30 | −217.49% | −237.16 pp |
| Q2 2023 · Jan 31 | 2023-01-31 | 0.10% | +11.64 pp |
| Q1 2023 · Oct 31 | 2022-10-31 | 72.35% | — |
| Q4 2022 | 2022-07-31 | 57.33% | — |
| Q3 2022 · Apr 30 | 2022-04-30 | 19.67% | — |
| Q2 2022 | 2022-01-31 | −11.54% | — |
Mag Mile Capital return on equity trends
Between the periods ended 2022-07-31 and 2023-12-31, Mag Mile Capital's return on equity decreased from −35.98% to −642.11%, a change of −606.13 percentage points. The latest reported quarter, Q3 2024, shows −146.94%.
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 Mag Mile Capital source filings ↗