NovelStem 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
NovelStem International Corp. quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
  • NovelStem International Corp. Return On Equity for the quarter ending September 30, 2024 was 103 %.
  • NovelStem International Corp. annual Return On Equity for 2023 was 520 %.
  • NovelStem International Corp. annual Return On Equity for 2022 was -37.1 %, a 17.4% increase from 2021.
  • NovelStem International Corp. annual Return On Equity for 2021 was -44.9 %.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 520 +557 Jan 1, 2023 Dec 31, 2023
2022 -37.1 +7.8 +17.4% Jan 1, 2022 Dec 31, 2022
2021 -44.9 Jan 1, 2021 Dec 31, 2021
2012 63.2 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.