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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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Universal Security Instruments Inc quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
- Universal Security Instruments Inc Return On Equity for the quarter ending September 30, 2024 was -4.79 %, a 142% decline year-over-year.
- Universal Security Instruments Inc annual Return On Equity for 2023 was -8.04 %, a 153% decline from 2022.
- Universal Security Instruments Inc annual Return On Equity for 2022 was 15.1 %.
- Universal Security Instruments Inc annual Return On Equity for 2021 was -1.62 %, a 148% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)