Right On Brands, Inc. (RTON) Return on equity 2014–2018
Right On Brands, Inc. (RTON) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-27.0%FY2018 · since FY2014: -704.2% → -27.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2018 | -27.0% | +3237.9 pp |
| FY2017 | -3264.9% | — |
| FY2014 | -704.2% | — |
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