SPARTA COMMERCIAL SERVICES, 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
Sparta Commercial Services, Inc. quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
  • Sparta Commercial Services, Inc. Return On Equity for the quarter ending July 31, 2024 was 13.4 %, a 484% increase year-over-year.
  • Sparta Commercial Services, Inc. annual Return On Equity for 2023 was 4.11 %.
  • Sparta Commercial Services, Inc. annual Return On Equity for 2022 was -6.9 %, a 140% decline from 2021.
  • Sparta Commercial Services, Inc. annual Return On Equity for 2021 was 17.2 %, a 50.2% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 4.11 +11 May 1, 2023 Apr 30, 2024
2022 -6.9 -24.1 -140% May 1, 2022 Apr 30, 2023
2021 17.2 -17.3 -50.2% May 1, 2021 Apr 30, 2022
2020 34.5 +27.9 +421% May 1, 2020 Apr 30, 2021
2019 6.63 -8.79 -57% May 1, 2019 Apr 30, 2020
2018 15.4 -13.3 -46.3% May 1, 2018 Apr 30, 2019
2017 28.7 -5.23 -15.4% May 1, 2017 Apr 30, 2018
2016 33.9 -69.2 -67.1% May 1, 2016 Apr 30, 2017
2015 103 -3.07 -2.89% May 1, 2015 Apr 30, 2016
2014 106 +28.8 +37.3% May 1, 2014 Apr 30, 2015
2013 77.4 -20.8 -21.2% May 1, 2013 Apr 30, 2014
2012 98.2 May 1, 2012 Apr 30, 2013
* An asterisk sign (*) next to the value indicates that the value is likely invalid.