ENVERIC BIOSCIENCES, INC. (ENVB) Return on equity 2016–2017
ENVERIC BIOSCIENCES, INC. (ENVB) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-46.7%FY2017 · since FY2016: -23.8% → -46.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2017 | -46.7% | -22.8 pp |
| FY2016 | -23.8% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
More ENVB financial trends
ENVB RevenueENVB Net incomeENVB Net marginENVB Gross profitENVB Gross marginENVB Operating incomeENVB Operating marginENVB Operating cash flowENVB Free cash flowENVB Capital expendituresENVB Stock buybacksENVB Dividends paidENVB Total assetsENVB Total liabilitiesENVB Shareholders’ equityENVB overview →