Alpine Auto Brokers Inc. (ALTB) Return on equity 2014–2015
Alpine Auto Brokers Inc. (ALTB) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-77.9%FY2015 · since FY2014: -52.2% → -77.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2015 | -77.9% | -25.7 pp |
| FY2014 | -52.2% | — |
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