LARIMAR THERAPEUTICS, INC. (LRMR) Return on equity 2016–2018
LARIMAR THERAPEUTICS, INC. (LRMR) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-2106.0%FY2018 · since FY2016: -47.5% → -2106.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2018 | -2106.0% | -2039.5 pp |
| FY2017 | -66.5% | -19.0 pp |
| FY2016 | -47.5% | — |
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