Nextnrg annual return on equity
2021
2022
2023
Nextnrg Return on Equity (ROE) Growth & History (NXXT)
Nextnrg's return on equity was −539.89% for fiscal 2023.
View full Nextnrg company overviewNextnrg annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | −539.89% | −413.29 pp |
| 2022 | 2022-12-31 | −126.61% | −34.55 pp |
| 2021 | 2021-12-31 | −92.05% | — |
Nextnrg quarterly return on equity
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q3 2023 | 2023-09-30 | −229.93% | −200.15 pp |
| Q2 2023 | 2023-06-30 | −90.45% | −68.10 pp |
| Q1 2023 | 2023-03-31 | −49.73% | −33.78 pp |
| Q4 2022 | 2022-12-31 | −71.60% | −55.72 pp |
| Q3 2022 | 2022-09-30 | −29.79% | −8.84 pp |
| Q2 2022 | 2022-06-30 | −22.34% | — |
| Q1 2022 | 2022-03-31 | −15.96% | — |
| Q4 2021 | 2021-12-31 | −15.88% | — |
| Q3 2021 | 2021-09-30 | −20.95% | — |
Nextnrg return on equity trends
Between the periods ended 2021-12-31 and 2023-12-31, Nextnrg's return on equity decreased from −92.05% to −539.89%, a change of −447.84 percentage points. The latest reported quarter, Q3 2023, shows −229.93%.
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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