The Ret. on equity of Netlinkz Limited is -23,753.85%
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Netlinkz Limited provides network solutions in Australia, New Zealand, and China. It offers Virtual Secure Network technology that provides physical and virtual secure Ânetwork as a service' capabilities for enterprises of various sizes. The company also provides secure networking consulting, design, and implementation services to its resellers, partners, and customers. In addition, it engages in the sale, licensing, and support of network security solutions. The company was formerly known as iWebGate Limited and changed its name to Netlinkz Limited in October 2016. Netlinkz Limited was founded in 2004 and is headquartered in Darlinghurst, Australia.