NEXTSOURCE MATERIALS INC. (NSRCF) Return on equity 2011–2017
NEXTSOURCE MATERIALS INC. (NSRCF) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-240.8%FY2017 · since FY2011: -40.4% → -240.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2017 | -240.8% | +2561.5 pp |
| FY2016 | -2802.3% | — |
| FY2012 | -583.6% | -543.2 pp |
| FY2011 | -40.4% | — |
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