Northern Minerals & Exploration Return on Equity (ROE) Growth & History (NMEX)

Northern Minerals & Exploration's return on equity was −88.35% for fiscal 2016.

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Northern Minerals & Exploration annual return on equity history

Northern Minerals & Exploration annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20162016-07-31−88.35%+47.81 pp
20152015-07-31−136.17%−53.44 pp
20142014-07-31−82.73%

Northern Minerals & Exploration return on equity trends

Between the periods ended 2014-07-31 and 2016-07-31, Northern Minerals & Exploration's return on equity decreased from −82.73% to −88.35%, a change of −5.62 percentage points. The latest reported quarter, Q4 2016, shows 2.51%.

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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