Symphony Environmental Technologies Return on Equity (ROE) Growth & History (SYM)

Symphony Environmental Technologies's return on equity was −334.61% for fiscal 2023.

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Symphony Environmental Technologies annual return on equity history

Symphony Environmental Technologies annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20232023-12-31−334.61%

Symphony Environmental Technologies return on equity trends

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 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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