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Home/MINR/Return on equity

MINERVA GOLD INC. (MINR) Return on equity 2022–2023

MINERVA GOLD INC. (MINR) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.

-879.9%FY2023 · since FY2022: -80.0% → -879.9%
2223
Fiscal yearValueYoY
FY2023-879.9%-800.0 pp
FY2022-80.0%—

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 MINR financial trends

MINR RevenueMINR Net incomeMINR Net marginMINR Gross profitMINR Gross marginMINR Operating incomeMINR Operating marginMINR Operating cash flowMINR Free cash flowMINR Capital expendituresMINR Stock buybacksMINR Dividends paidMINR Total assetsMINR Total liabilitiesMINR Shareholders’ equityMINR overview →