ALGORHYTHM HOLDINGS, INC. (RIME) Return on equity 2017–2023
ALGORHYTHM HOLDINGS, INC. (RIME) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-44.9%FY2023 · since FY2017: 22.9% → -44.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2023 | -44.9% | -47.2 pp |
| FY2022 | 2.3% | -25.2 pp |
| FY2021 | 27.5% | +77.7 pp |
| FY2020 | -50.2% | -57.7 pp |
| FY2019 | 7.4% | +5.5 pp |
| FY2018 | 2.0% | -21.0 pp |
| FY2017 | 22.9% | — |
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