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 overviewWytec International annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2019 | 2019-12-31 | −1,850.62% | −1600.23 pp |
| 2018 | 2018-12-31 | −250.38% | −44.73 pp |
| 2017 | 2017-12-31 | −205.66% | — |
Wytec International quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q1 2019 | 2019-03-31 | −217.70% | −183.90 pp |
| Q4 2018 | 2018-12-31 | −221.20% | −150.30 pp |
| Q3 2018 | 2018-09-30 | −106.96% | −20.11 pp |
| Q2 2018 | 2018-06-30 | −51.74% | — |
| Q1 2018 | 2018-03-31 | −33.80% | — |
| Q4 2017 | 2017-12-31 | −70.89% | — |
| Q3 2017 | 2017-09-30 | −86.85% | — |
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%.
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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