Name: Return on Equity (ROE)

Definition: ROE shows how much profit the company earns for its shareholders based on their invested equity. It’s one of the most watched profitability ratios. A consistently high ROE signals strong management and efficient use of shareholder capital. But artificially high ROE may sometimes be boosted by excessive debt.

Interpretation:
• In '2021', DGLY's return on equity was 45.6%, measuring profitability for shareholders. Industry average for Radio And Television Broadcasting And Communications Equipment in '2021' stood at 0.1%.
• In '2022', DGLY's return on equity was -42.0%, measuring profitability for shareholders. The decline from '2021' may indicate some operational or financial challenges. Industry average for Radio And Television Broadcasting And Communications Equipment in '2022' stood at -36.0%. Industry average declined by 36.1% from previous year.
• In '2023', DGLY's return on equity was -110.1%, measuring profitability for shareholders. The decline from '2022' may indicate some operational or financial challenges. Industry average for Radio And Television Broadcasting And Communications Equipment in '2023' stood at -11.2%. Industry average increased by 24.8% compared to previous year.
• In '2024', DGLY's return on equity was -1340.8%, measuring profitability for shareholders. The decline from '2023' may indicate some operational or financial challenges. Industry average for Radio And Television Broadcasting And Communications Equipment in '2024' stood at -40.5%. Industry average declined by 29.3% from previous year.
Overall, DGLY's return on equity has been volatile but showed a downward trend over the past 4 years.

Formula: ROE = Net Income / Shareholders' Equity

Good Range: 10%-20% desirable for many industries.