Trutankless Return on Equity (ROE) Growth & History (TKLS)

Trutankless's return on equity was −6,464.01% for fiscal 2015.

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Trutankless annual return on equity history

Trutankless annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20152015-12-31−6,464.01%−5071.80 pp
20142014-12-31−1,392.21%−897.67 pp
20132013-12-31−494.54%+191.88 pp
20122012-12-31−686.42%

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%.

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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