STABLECOIN DEVELOPMENT CORPORATION (SDEV) Return on equity 2016–2023
STABLECOIN DEVELOPMENT CORPORATION (SDEV) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-290.9%FY2023 · since FY2016: -185.2% → -290.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2023 | -290.9% | -190.4 pp |
| FY2022 | -100.5% | -43.3 pp |
| FY2021 | -57.3% | +32.4 pp |
| FY2020 | -89.6% | +903.0 pp |
| FY2019 | -992.6% | -860.5 pp |
| FY2018 | -132.1% | +153.3 pp |
| FY2017 | -285.4% | -100.2 pp |
| FY2016 | -185.2% | — |
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