GALAXY GAMING, INC. (GLXZ) Return on equity 2016–2018
GALAXY GAMING, INC. (GLXZ) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
16.3%FY2018 · since FY2016: 38.2% → 16.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2018 | 16.3% | +16.5 pp |
| FY2017 | -0.2% | -38.4 pp |
| FY2016 | 38.2% | — |
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
More GLXZ financial trends
GLXZ RevenueGLXZ Net incomeGLXZ Net marginGLXZ Gross profitGLXZ Gross marginGLXZ Operating incomeGLXZ Operating marginGLXZ Operating cash flowGLXZ Free cash flowGLXZ Capital expendituresGLXZ Stock buybacksGLXZ Dividends paidGLXZ Total assetsGLXZ Total liabilitiesGLXZ Shareholders’ equityGLXZ overview →