Company / Return on Equity (ROE)
QUANTUM X LABS INC. Return on Equity (ROE) History
FY2022-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
-126.9%
FY2024
5-year range
-126.9% / 1.4%
FY2022-FY2024
Trend
-66884.2%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
QUANTUM X LABS INC. reports negative total equity of -126.9% 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.
-126.9% in FY2024.
Declined from 1.4% to -126.9% 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 FY2024, return on equity (roe) decreased 66884.2% year-over-year.
Company context
Key Data Points
- Altman Z-Score 0.15 (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 | -126.9% | -66884.2% |
| FY2023 | 0.2% | -86.0% |
| FY2022 | 1.4% | - |
| FY2021 | - | - |
| FY2020 | - | - |
| FY2019 | - | - |
| FY2015 | - | - |
| FY2014 | - | - |
| FY2013 | - | - |
| FY2012 | - | - |
As of FY2024 · SEC 10-K · Updated Jun 28, 2026