Wytec International Return on Equity (ROE) Growth & History (WYTC)

Wytec International's return on equity was −1,850.62% for fiscal 2019.

View full Wytec International company overview

Wytec International annual return on equity history

Wytec International annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20192019-12-31−1,850.62%−1600.23 pp
20182018-12-31−250.38%−44.73 pp
20172017-12-31−205.66%

Wytec International return on equity trends

Between the periods ended 2017-12-31 and 2019-12-31, Wytec International's return on equity decreased from −205.66% to −1,850.62%, a change of −1644.96 percentage points. The latest reported quarter, Q1 2019, shows −217.70%.

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.

Review Wytec International source filings ↗

Community posts

It’s quiet here.

No posts about WYTC yet. Start the conversation.

Write the first post