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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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Ascent Industries Co. quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
- Ascent Industries Co. Return On Equity for the quarter ending September 30, 2024 was -1.41 %, a 95.5% increase year-over-year.
- Ascent Industries Co. annual Return On Equity for 2023 was -23.8 %, a 242% decline from 2022.
- Ascent Industries Co. annual Return On Equity for 2022 was 16.8 %, a 23% decline from 2021.
- Ascent Industries Co. annual Return On Equity for 2021 was 21.8 %.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)