NewHydrogen annual return on equity
2008
2009
2010
2011
2012
2022
2023
NewHydrogen Return on Equity (ROE) Growth & History (NEWH)
NewHydrogen's return on equity was −396.05% for fiscal 2023.
View full NewHydrogen company overviewNewHydrogen annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | −396.05% | +130.56 pp |
| 2022 | 2022-12-31 | −526.61% | — |
| 2012 | 2012-12-31 | −1,255.13% | −791.04 pp |
| 2011 | 2011-12-31 | −464.09% | −247.82 pp |
| 2010 | 2010-12-31 | −216.27% | −104.77 pp |
| 2009 | 2009-12-31 | −111.50% | +5.97 pp |
| 2008 | 2008-12-31 | −117.47% | — |
NewHydrogen quarterly return on equity
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q1 2024 | 2024-03-31 | −2,381.15% | −2256.50 pp |
| Q4 2023 | 2023-12-31 | −109.34% | +69.66 pp |
| Q3 2023 | 2023-09-30 | −56.43% | +74.09 pp |
| Q2 2023 | 2023-06-30 | −60.22% | −905.39 pp |
| Q1 2023 | 2023-03-31 | −124.65% | +811.48 pp |
| Q4 2022 | 2022-12-31 | −179.01% | +472.47 pp |
| Q3 2022 | 2022-09-30 | −130.52% | −94.48 pp |
| Q2 2022 | 2022-06-30 | 845.17% | +909.95 pp |
| Q1 2022 | 2022-03-31 | −936.13% | — |
| Q4 2021 | 2021-12-31 | −651.48% | — |
| Q3 2021 | 2021-09-30 | −36.04% | — |
| Q2 2021 | 2021-06-30 | −64.78% | — |
| Q3 2012 | 2012-09-30 | −204.62% | −89.55 pp |
| Q2 2012 | 2012-06-30 | −91.36% | +32.17 pp |
| Q1 2012 | 2012-03-31 | −129.14% | — |
| Q4 2011 | 2011-12-31 | −119.81% | — |
| Q3 2011 | 2011-09-30 | −115.08% | — |
| Q2 2011 | 2011-06-30 | −123.53% | — |
NewHydrogen return on equity trends
Between the periods ended 2008-12-31 and 2023-12-31, NewHydrogen's return on equity decreased from −117.47% to −396.05%, a change of −278.58 percentage points. The latest reported quarter, Q1 2024, shows −2,381.15%.
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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