NAPC Defense, Inc. (NAPD) Return on equity 2017–2018
NAPC Defense, Inc. (NAPD) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-1150.3%FY2018 · since FY2017: -37.2% → -1150.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2018 | -1150.3% | -1113.1 pp |
| FY2017 | -37.2% | — |
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