Okmin Resources annual return on equity
2023
2024
Okmin Resources Return on Equity (ROE) Growth & History (OKMN)
Okmin Resources's return on equity was −433.35% for fiscal 2024.
View full Okmin Resources company overviewOkmin Resources annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-06-30 | −433.35% | −343.80 pp |
| 2023 | 2023-06-30 | −89.55% | — |
Okmin Resources quarterly return on equity
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q4 2024 | 2024-06-30 | −414.85% | −376.64 pp |
| Q3 2024 | 2024-03-31 | −24.75% | −5.22 pp |
| Q2 2024 | 2023-12-31 | −17.41% | +4.35 pp |
| Q1 2024 | 2023-09-30 | −19.70% | −0.73 pp |
| Q4 2023 | 2023-06-30 | −38.21% | −24.20 pp |
| Q3 2023 | 2023-03-31 | −19.53% | — |
| Q2 2023 | 2022-12-31 | −21.76% | — |
| Q1 2023 | 2022-09-30 | −18.96% | — |
| Q4 2022 | 2022-06-30 | −14.01% | — |
Okmin Resources return on equity trends
Between the periods ended 2023-06-30 and 2024-06-30, Okmin Resources's return on equity decreased from −89.55% to −433.35%, a change of −343.80 percentage points. The latest reported quarter, Q4 2024, shows −414.85%.
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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