CalEthos, Inc. (GEDC) Return on equity 2016–2023
CalEthos, Inc. (GEDC) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-297.2%FY2023 · since FY2016: -181.5% → -297.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2023 | -297.2% | — |
| FY2016 | -181.5% | — |
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