ALGORHYTHM HOLDINGS, INC. (RIME) Return on equity 2016–2022
ALGORHYTHM HOLDINGS, INC. (RIME) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-44.9%FY2022 · since FY2016: 22.9% → -44.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2022 | -44.9% | -47.2 pp |
| FY2021 | 2.3% | -25.2 pp |
| FY2020 | 27.5% | +77.7 pp |
| FY2019 | -50.2% | -57.7 pp |
| FY2018 | 7.4% | +5.5 pp |
| FY2017 | 2.0% | -21.0 pp |
| FY2016 | 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
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RIME RevenueRIME Net incomeRIME Net marginRIME Gross profitRIME Gross marginRIME Operating incomeRIME Operating marginRIME Operating cash flowRIME Free cash flowRIME Capital expendituresRIME Stock buybacksRIME Dividends paidRIME Total assetsRIME Total liabilitiesRIME Shareholders’ equityRIME overview →