INNOVARO, INC. (INNI) Return on equity 2010–2012
INNOVARO, INC. (INNI) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-658.9%FY2012 · since FY2010: -141.8% → -658.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2012 | -658.9% | -615.2 pp |
| FY2011 | -43.7% | +98.1 pp |
| FY2010 | -141.8% | — |
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