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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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Northern Technologies International Corp quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
- Northern Technologies International Corp Return On Equity for the quarter ending May 31, 2024 was 6.31 %, a 63.9% increase year-over-year.
- Northern Technologies International Corp annual Return On Equity for 2023 was 4.22 %, a 54.1% decline from 2022.
- Northern Technologies International Corp annual Return On Equity for 2022 was 9.2 %, a 6.7% decline from 2021.
- Northern Technologies International Corp annual Return On Equity for 2021 was 9.86 %.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)