ZION OIL & GAS INC (ZNOGW) Return on equity 2019–2021
ZION OIL & GAS INC (ZNOGW) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-18.7%FY2021 · since FY2019: -50.2% → -18.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2021 | -18.7% | +1.2 pp |
| FY2020 | -19.9% | +30.3 pp |
| FY2019 | -50.2% | — |
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