Forward Industries, Inc. Annual Return On Equity in % from 2012 to 2023

Taxonomy & unit
ratio: %
Description
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.
Summary
Forward Industries, Inc. quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
  • Forward Industries, Inc. Return On Equity for the quarter ending June 30, 2024 was -159 %, a 227% decline year-over-year.
  • Forward Industries, Inc. annual Return On Equity for 2023 was -83.2 %, a 327% decline from 2022.
  • Forward Industries, Inc. annual Return On Equity for 2022 was -19.5 %, a 378% decline from 2021.
  • Forward Industries, Inc. annual Return On Equity for 2021 was 7 %.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -83.2 -63.7 -327% Oct 1, 2022 Sep 30, 2023
2022 -19.5 -26.5 -378% Oct 1, 2021 Sep 30, 2022
2021 7 +33.6 Oct 1, 2020 Sep 30, 2021
2020 -26.5 +12 +31.2% Oct 1, 2019 Sep 30, 2020
2019 -38.6 -51.9 -390% Oct 1, 2018 Sep 30, 2019
2018 13.3 +6.53 +96.4% Oct 1, 2017 Sep 30, 2018
2017 6.77 -0.89 -11.6% Oct 1, 2016 Sep 30, 2017
2016 7.66 +28.1 Oct 1, 2015 Sep 30, 2016
2015 -20.5 -12.6 -158% Oct 1, 2014 Sep 30, 2015
2014 -7.93 -5.76 -266% Oct 1, 2013 Sep 30, 2014
2013 -2.17 +68.1 +96.9% Oct 1, 2012 Sep 30, 2013
2012 -70.2 Oct 1, 2011 Sep 30, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.