Norris Industries Return on Equity (ROE) Growth & History (NRIS)
Norris Industries's return on equity was −95.05% for fiscal 2019.
View full Norris Industries company overviewNorris Industries annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2019 | 2019-02-28 | −95.05% | +162.93 pp |
| 2018 | 2018-02-28 | −257.97% | −43.12 pp |
| 2017 | 2017-02-28 | −214.86% | −160.12 pp |
| 2016 | 2016-02-29 | −54.73% | — |
Norris Industries quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2020 | 2019-08-31 | −145.49% | −126.41 pp |
| Q1 2020 | 2019-05-31 | −58.93% | −42.72 pp |
| Q4 2019 | 2019-02-28 | −45.52% | −39.95 pp |
| Q3 2019 | 2018-11-30 | −16.84% | +25.31 pp |
| Q2 2019 | 2018-08-31 | −19.08% | +228.97 pp |
| Q1 2019 | 2018-05-31 | −16.21% | +37.38 pp |
| Q4 2018 | 2018-02-28 | −5.57% | +80.91 pp |
| Q3 2018 | 2017-11-30 | −42.15% | +2.41 pp |
| Q2 2018 | 2017-08-31 | −248.06% | −206.01 pp |
| Q1 2018 | 2017-05-31 | −53.58% | −31.24 pp |
| Q4 2017 | 2017-02-28 | −86.48% | −72.53 pp |
| Q3 2017 | 2016-11-30 | −44.57% | −37.68 pp |
| Q2 2017 | 2016-08-31 | −42.05% | −36.47 pp |
| Q1 2017 | 2016-05-31 | −22.34% | −18.48 pp |
| Q4 2016 | 2016-02-29 | −13.95% | +4.93 pp |
| Q3 2016 | 2015-11-30 | −6.89% | +17.27 pp |
| Q2 2016 | 2015-08-31 | −5.58% | — |
| Q1 2016 | 2015-05-31 | −3.87% | — |
| Q4 2015 | 2015-02-28 | −18.87% | — |
| Q3 2015 | 2014-11-30 | −24.16% | — |
Norris Industries return on equity trends
Between the periods ended 2016-02-29 and 2019-02-28, Norris Industries's return on equity decreased from −54.73% to −95.05%, a change of −40.31 percentage points. The latest reported quarter, Q2 2020, shows −145.49%.
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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