Tego Cyber Return on Equity (ROE) Growth & History (TGCB)
Tego Cyber's return on equity was −528.47% for fiscal 2022.
View full Tego Cyber company overviewTego Cyber annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2022 | 2022-06-30 | −528.47% | −301.83 pp |
| 2021 | 2021-06-30 | −226.64% | — |
Tego Cyber quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2023 | 2022-12-31 | −141,486.99% | −141449.10 pp |
| Q1 2023 | 2022-09-30 | −370.83% | −330.45 pp |
| Q4 2022 | 2022-06-30 | −20.22% | +114.85 pp |
| Q3 2022 | 2022-03-31 | −169.76% | +109.64 pp |
| Q2 2022 | 2021-12-31 | −37.89% | +123.92 pp |
| Q1 2022 | 2021-09-30 | −40.38% | +68.41 pp |
| Q4 2021 | 2021-06-30 | −135.08% | — |
| Q3 2021 | 2021-03-31 | −279.40% | — |
| Q2 2021 | 2020-12-31 | −161.81% | — |
| Q1 2021 | 2020-09-30 | −108.79% | — |
Tego Cyber return on equity trends
Between the periods ended 2021-06-30 and 2022-06-30, Tego Cyber's return on equity decreased from −226.64% to −528.47%, a change of −301.83 percentage points. The latest reported quarter, Q2 2023, shows −141,486.99%.
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.
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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