FONAR CORP Annual Return On Equity in % from 2020 to 2023
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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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Fonar Corp quarterly/annual Return On Equity history and growth rate from 2020 to 2023.
- Fonar Corp Return On Equity for the quarter ending March 31, 2024 was 7.1 %, a 1.28% increase year-over-year.
- Fonar Corp annual Return On Equity for 2023 was 6.29 %, a 27.7% decline from 2022.
- Fonar Corp annual Return On Equity for 2022 was 8.69 %, a 12.9% increase from 2021.
- Fonar Corp annual Return On Equity for 2021 was 7.7 %, a 16.8% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)