Company / Return on Equity (ROE)
PALATIN TECHNOLOGIES INC Return on Equity (ROE) History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
-222.5%
FY2023
5-year range
-222.5% / -28.0%
FY2019-FY2023
Trend
-228.9%
vs FY2022
Sector context
Sector data unavailable
Latest sector comparison
What the data says
PALATIN TECHNOLOGIES INC reports negative total equity of -222.5% 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.
-222.5% in FY2023 with a 3-year CAGR of -247.1%.
Declined from -28.0% to -222.5% over the past 2 years.
Return on Equity (ROE) over time
Growth rates
- 3-Year Change
- -247.1pp
- 5-Year Change
- -
- 10-Year Change
- -
Key checks
Key Insights
- PALATIN TECHNOLOGIES INC's return on equity (roe) has declined for 3 consecutive years.
- In FY2023, return on equity (roe) decreased 228.9% year-over-year.
- Peak return on equity (roe) was recorded in FY2020.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -21.15 (distress zone, below 1.8 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Return on Equity (ROE)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | -222.5% | -228.9% |
| FY2022 | -67.7% | -141.9% |
| FY2021 | -28.0% | -213.8% |
| FY2020 | 24.6% | - |
| FY2019 | - | - |
| FY2018 | - | - |
| FY2017 | -144.8% | -1.7% |
| FY2016 | -142.3% | -56.7% |
As of FY2023 · SEC 10-K · Updated Jun 28, 2026