Ranger Gold Return on Equity (ROE) Growth & History (RNGC)

Ranger Gold's return on equity was −27.10% for fiscal 2022.

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Ranger Gold annual return on equity history

Ranger Gold annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20222022-03-31−27.10%
20122013-03-31−52.05%+60.92 pp
20112012-03-31−112.97%+166.55 pp
20102011-03-31−279.52%
20082009-03-31−506.38%

Ranger Gold return on equity trends

Between the periods ended 2009-03-31 and 2022-03-31, Ranger Gold's return on equity increased from −506.38% to −27.10%, a change of +479.28 percentage points. The latest reported quarter, Q4 2022, shows −1.43%.

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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