Northern Minerals & Exploration Return on Equity (ROE) Growth & History (NMEX)
Northern Minerals & Exploration's return on equity was −88.35% for fiscal 2016.
View full Northern Minerals & Exploration company overviewNorthern Minerals & Exploration annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2016 | 2016-07-31 | −88.35% | +47.81 pp |
| 2015 | 2015-07-31 | −136.17% | −53.44 pp |
| 2014 | 2014-07-31 | −82.73% | — |
Northern Minerals & Exploration quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q4 2016 | 2016-07-31 | 2.51% | +62.08 pp |
| Q3 2016 | 2016-04-30 | −57.56% | −45.23 pp |
| Q2 2016 | 2016-01-31 | −31.97% | −23.67 pp |
| Q1 2016 | 2015-10-31 | −18.72% | −4.78 pp |
| Q4 2015 | 2015-07-31 | −59.58% | −17.12 pp |
| Q3 2015 | 2015-04-30 | −12.33% | — |
| Q2 2015 | 2015-01-31 | −8.30% | — |
| Q1 2015 | 2014-10-31 | −13.95% | — |
| Q4 2014 | 2014-07-31 | −42.46% | — |
| Q2 2013 | 2013-01-31 | −340.69% | — |
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%.
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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