OKMIN RESOURCES INC. (OKMN) Return on equity 2022–2023
OKMIN RESOURCES INC. (OKMN) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-92.9%FY2023 · since FY2022: -38.3% → -92.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2023 | -92.9% | -54.6 pp |
| FY2022 | -38.3% | — |
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