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Taxonomy & unit
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ratio: %
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Description
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Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
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Summary
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Educational Development Corp quarterly/annual Return On Equity history and growth rate from 2013 to 2023.
- Educational Development Corp Return On Equity for the quarter ending August 31, 2024 was -6.08 %, a 231% decline year-over-year.
- Educational Development Corp annual Return On Equity for 2023 was 1.17 %.
- Educational Development Corp annual Return On Equity for 2022 was -5.54 %, a 124% decline from 2021.
- Educational Development Corp annual Return On Equity for 2021 was 22.9 %, a 48.7% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)