Company / Return on Equity (ROE)
FORGE INNOVATION DEVELOPMENT CORP. Return on Equity (ROE) History
FY2017-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
-120.0%
FY2024
5-year range
-156.0% / -39.6%
FY2020-FY2024
Trend
-203.3%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
FORGE INNOVATION DEVELOPMENT CORP. reports negative total equity of -120.0% in FY2024. Negative equity can occur when accumulated losses exceed contributed capital, as reported in the balance sheet from the SEC filing.
Based on SEC 10-K filings.
-120.0% in FY2024 with a 5-year CAGR of -66.1%.
Improved from -156.0% to -120.0% over the past 4 years.
Return on Equity (ROE) over time
Growth rates
- 3-Year Change
- -
- 5-Year Change
- -66.1pp
- 10-Year Change
- -
Key checks
Key Insights
- In FY2024, return on equity (roe) decreased 203.3% year-over-year.
- Peak return on equity (roe) was recorded in FY2017.
- Lowest return on equity (roe) in the period was in FY2020.
Company context
Key Data Points
- Altman Z-Score -0.35 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Return on Equity (ROE)Value | YoY GrowthYoY |
|---|---|---|
| FY2024 | -120.0% | -203.3% |
| FY2023 | -39.6% | - |
| FY2022 | - | - |
| FY2021 | - | - |
| FY2020 | -156.0% | -189.2% |
| FY2019 | -53.9% | -33.8% |
| FY2018 | -40.3% | -7.1% |
| FY2017 | -37.6% | - |
As of FY2024 · SEC 10-K · Updated Jun 29, 2026