Trutankless Return on Equity (ROE) Growth & History (TKLS)
Trutankless's return on equity was −6,464.01% for fiscal 2015.
View full Trutankless company overviewTrutankless annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2015 | 2015-12-31 | −6,464.01% | −5071.80 pp |
| 2014 | 2014-12-31 | −1,392.21% | −897.67 pp |
| 2013 | 2013-12-31 | −494.54% | +191.88 pp |
| 2012 | 2012-12-31 | −686.42% | — |
Trutankless quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q1 2015 | 2015-03-31 | −491.88% | −187.01 pp |
| Q4 2014 | 2014-12-31 | −627.79% | — |
| Q3 2014 | 2014-09-30 | −304.47% | −189.77 pp |
| Q2 2014 | 2014-06-30 | −390.69% | — |
| Q1 2014 | 2014-03-31 | −304.88% | — |
| Q3 2013 | 2013-09-30 | −114.70% | — |
Trutankless return on equity trends
Between the periods ended 2012-12-31 and 2015-12-31, Trutankless's return on equity decreased from −686.42% to −6,464.01%, a change of −5777.59 percentage points. The latest reported quarter, Q1 2015, shows −491.88%.
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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