Summit Networks annual return on equity
2015
2016
2017
2024
Summit Networks Return on Equity (ROE) Growth & History (SNTW)
Summit Networks's return on equity was −27.91% for fiscal 2024.
View full Summit Networks company overviewSummit Networks annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-09-30 | −27.91% | — |
| 2017 | 2017-07-31 | −147.11% | −103.10 pp |
| 2016 | 2016-07-31 | −44.01% | +85.81 pp |
| 2015 | 2015-07-31 | −129.82% | — |
Summit Networks quarterly return on equity
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q3.24
Q4.24
Q4.24
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q4 2024 · Dec 31 | 2024-12-31 | −12.90% | — |
| Q4 2024 | 2024-09-30 | −1.37% | — |
| Q3 2024 | 2024-06-30 | −9.35% | — |
| Q4 2017 | 2017-07-31 | −138.77% | −139.15 pp |
| Q3 2017 | 2017-04-30 | 2.45% | +4.96 pp |
| Q2 2017 | 2017-01-31 | −3.22% | +10.30 pp |
| Q1 2017 | 2016-10-31 | −16.29% | +12.59 pp |
| Q4 2016 | 2016-07-31 | 0.38% | +43.80 pp |
| Q3 2016 | 2016-04-30 | −2.51% | +39.57 pp |
| Q2 2016 | 2016-01-31 | −13.51% | −8.80 pp |
| Q1 2016 | 2015-10-31 | −28.88% | −89.41 pp |
| Q4 2015 | 2015-07-31 | −43.42% | — |
| Q3 2015 | 2015-04-30 | −42.08% | — |
| Q2 2015 | 2015-01-31 | −4.71% | — |
| Q1 2015 | 2014-10-31 | 60.53% | — |
Summit Networks return on equity trends
Between the periods ended 2015-07-31 and 2024-09-30, Summit Networks's return on equity increased from −129.82% to −27.91%, a change of +101.91 percentage points. The latest reported quarter, Q4 2024 · Dec 31, shows −12.90%.
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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