UMeWorld annual return on equity
2012
2013
UMeWorld Return on Equity (ROE) Growth & History (UMEW)
UMeWorld's return on equity was −197.35% for fiscal 2013.
View full UMeWorld company overviewUMeWorld annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2013 | 2013-09-30 | −197.35% | −196.51 pp |
| 2012 | 2012-09-30 | −0.84% | — |
UMeWorld quarterly return on equity
Q4.12
Q1.13
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q1 2013 | 2012-12-31 | 1.26% | — |
| Q4 2012 | 2012-09-30 | −0.72% | — |
UMeWorld return on equity trends
Between the periods ended 2012-09-30 and 2013-09-30, UMeWorld's return on equity decreased from −0.84% to −197.35%, a change of −196.51 percentage points. The latest reported quarter, Q1 2013, shows 1.26%.
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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