Company / Return on Equity (ROE)
OLENOX INDUSTRIES INC. Return on Equity (ROE) History
FY2017-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
-56.1%
FY2023
5-year range
-73.1% / -23.1%
FY2019-FY2023
Trend
+23.2%
vs FY2022
Sector context
Sector data unavailable
Latest sector comparison
What the data says
OLENOX INDUSTRIES INC. reports negative total equity of -56.1% in FY2023. 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.
-56.1% in FY2023 with a 5-year CAGR of +26.9%.
Declined from -23.1% to -56.1% over the past 2 years.
Return on Equity (ROE) over time
Growth rates
- 3-Year Change
- -18.2pp
- 5-Year Change
- +26.9pp
- 10-Year Change
- -
Key checks
Key Insights
- In FY2023, return on equity (roe) increased 23.2% year-over-year.
- Peak return on equity (roe) was recorded in FY2017.
- Lowest return on equity (roe) in the period was in FY2018.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -10.12 (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 | - | - |
| FY2023 | -56.1% | +23.2% |
| FY2022 | -73.1% | -216.9% |
| FY2021 | -23.1% | +39.2% |
| FY2020 | -37.9% | +54.4% |
| FY2018 | -83.1% | -579.1% |
| FY2017 | -12.2% | - |
| FY2015 | - | - |
| FY2014 | - | - |
| FY2013 | - | - |
As of FY2023 · SEC 10-K · Updated Jun 28, 2026