SUMMIT NETWORKS INC. (SNTW) Return on equity 2016–2017
SUMMIT NETWORKS INC. (SNTW) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-556.3%FY2017 · since FY2016: -56.4% → -556.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2017 | -556.3% | -499.9 pp |
| FY2016 | -56.4% | — |
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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