Innovate Return on Equity (ROE) Growth & History (VATE)

Innovate's return on equity was −95.69% for fiscal 2021.

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Innovate annual return on equity history

Innovate annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20212021-12-31−95.69%−75.46 pp
20202020-12-31−20.23%−5.84 pp
20192019-12-31−14.39%−215.38 pp
20182018-12-31200.99%+280.95 pp
20172017-12-31−79.96%+56.76 pp
20162016-12-31−136.71%−95.65 pp
20152015-12-31−41.06%−19.52 pp
20142014-12-31−21.54%−203.15 pp
20132013-12-31181.60%+147.23 pp
20122012-12-3134.37%+79.11 pp
20112011-12-31−44.74%

Innovate return on equity trends

Over the last five fiscal years, Innovate's return on equity increased from −136.71% to −95.69%, a change of +41.03 percentage points. The latest reported quarter, Q3 2021, shows −104.36%.

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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