WYTEC INTERNATIONAL, INC. (WYTC) Return on equity 2016–2018
WYTEC INTERNATIONAL, INC. (WYTC) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-574.8%FY2018 · since FY2016: -191.1% → -574.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2018 | -574.8% | -386.3 pp |
| FY2017 | -188.4% | +2.6 pp |
| FY2016 | -191.1% | — |
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