Norris Industries Return on Equity (ROE) Growth & History (NRIS)

Norris Industries's return on equity was −95.05% for fiscal 2019.

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Norris Industries annual return on equity history

Norris Industries annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20192019-02-28−95.05%+162.93 pp
20182018-02-28−257.97%−43.12 pp
20172017-02-28−214.86%−160.12 pp
20162016-02-29−54.73%

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%.

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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