NORTHERN TECHNOLOGIES INTERNATIONAL CORP 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
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 (%)
Period Value YoY Chg Change % Start Date End Date
2023 4.22 -4.98 -54.1% Sep 1, 2022 Aug 31, 2023
2022 9.2 -0.66 -6.7% Sep 1, 2021 Aug 31, 2022
2021 9.86 +12.1 Sep 1, 2020 Aug 31, 2021
2020 -2.22 -11.1 -125% Sep 1, 2019 Aug 31, 2020
2019 8.88 -3.48 -28.2% Sep 1, 2018 Aug 31, 2019
2018 12.4 +5.29 +74.9% Sep 1, 2017 Aug 31, 2018
2017 7.06 +8.89 Sep 1, 2016 Aug 31, 2017
2016 -1.82 -5.53 -149% Sep 1, 2015 Aug 31, 2016
2015 3.7 -4.82 -56.5% Sep 1, 2014 Aug 31, 2015
2014 8.53 +0.69 +8.8% Sep 1, 2013 Aug 31, 2014
2013 7.84 -1.75 -18.3% Sep 1, 2012 Aug 31, 2013
2012 9.59 Sep 1, 2011 Aug 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.