Flagship explainer

What drives NEW CONCEPT ENERGY, INC.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity−1%Tax burden100%net income ÷ pretax incomeInterest burden17%pretax ÷ operating incomeOperating margin−171%operating income ÷ revenueAsset turnover0.03×revenue ÷ average assetsEquity multiplier1.01×average assets ÷ average equityAs of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
−$46000FY2025
Income before tax−$46000FY2025
Operating income−$265000FY2025
$155000FY2025
Ending assets$4.6MFY2025
Beginning assets$4.6MFY2024
$4.5MFY2025
$4.5MFY2024
Source: · event Dec 31, 2025 · retrieved Sep 4, 2026 · annual-row source set
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