Company / Return on Equity (ROE)
Modular Medical, Inc. Return on Equity (ROE) History
FY2016-FY2018 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
-58.8%
FY2018
5-year range
-181.8% / -7.7%
FY2016-FY2018
Trend
+67.7%
vs FY2017
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Modular Medical, Inc. reports negative total equity of -58.8% in FY2018. 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.
-58.8% in FY2018.
Declined from -7.7% to -58.8% over the past 2 years.
Return on Equity (ROE) over time
Growth rates
- 3-Year Change
- -
- 5-Year Change
- -
- 10-Year Change
- -
Key checks
Key Insights
- In FY2018, return on equity (roe) increased 67.7% year-over-year.
Company context
Key Data Points
- Altman Z-Score 115.97 (safe zone, above 2.9 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 |
|---|---|---|
| FY2018 | -58.8% | +67.7% |
| FY2017 | -181.8% | -2260.9% |
| FY2016 | -7.7% | - |
| FY2015 | - | - |
| FY2014 | - | - |
| FY2013 | - | - |
| FY2012 | - | - |
As of FY2018 · SEC 10-K · Updated Jun 28, 2026