PATRIOT GOLD CORP. (PGOL) Return on equity 2016–2023
PATRIOT GOLD CORP. (PGOL) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
2.7%FY2023 · since FY2016: 52.0% → 2.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2023 | 2.7% | -12.8 pp |
| FY2022 | 15.6% | +11.4 pp |
| FY2021 | 4.2% | -54.4 pp |
| FY2020 | 58.6% | +36.7 pp |
| FY2019 | 21.9% | +41.0 pp |
| FY2018 | -19.1% | +130.6 pp |
| FY2017 | -149.7% | -201.7 pp |
| FY2016 | 52.0% | — |
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