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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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Ocean Thermal Energy Corp quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
- Ocean Thermal Energy Corp Return On Equity for the quarter ending December 31, 2023 was 7.46 %, a 63.1% decline year-over-year.
- Ocean Thermal Energy Corp annual Return On Equity for 2023 was 7.46 %, a 63.1% decline from 2022.
- Ocean Thermal Energy Corp annual Return On Equity for 2022 was 20.2 %, a 122% increase from 2021.
- Ocean Thermal Energy Corp annual Return On Equity for 2021 was 9.11 %, a 62.8% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)