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Veteran Capital Corp. does not have significant operations. It intends to identify and evaluate assets or businesses with a view to complete a qualifying transaction. The company was incorporated in 2...
We've identified the following companies as similar to Veteran Capital Corp because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.
To view the full list of supported financial metrics please see Complete Metrics Listing.
Metrics similar to Return on Common Equity in the efficiency category include:
A ratio used to measure the return that a firm generates on the book value of common equity.
Return on Common Equity is defined as:
Return on Common Equity = Net Income To Common / Average Total Common Equity
Return on Common Equity for Veteran Capital is calculated as follows:
Net Income [ -43.019 T ]
(/) Average Equity over Period [ 111.976 T ]
(=) Return on Common Equity [ −38.4% ]
The tables below summarizes the trend in Veteran Capital’s return on common equity over the last five years:
| Fiscal Year | Net Income | Average Common Equity | Return on Common Equity |
|---|---|---|---|
| 2025-03-21 | NA | NA | NA |
| 2025-03-21 | NA | NA | NA |
| 2021-12-31 | -122.383 T | 203.184 T | −60.2% |
| 2022-12-31 | -41.811 T | 182.279 T | −22.9% |
| 2023-12-31 | -41.232 T | 140.757 T | −29.3% |
Return on equity represents the percentage return a company generates on the money shareholders have invested.
The Net Income used in the numerator is often adjusted for one-time and non-recurring items to present a clearer view of future earnings. Since income is earned over the course of a year, we average book value of Common Equity at the start and end of the year for the denominator.
In general, a higher return on equity suggests management is utilizing the capital invested by shareholders efficiently.