NovAccess Global Inc. 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
NovAccess Global Inc. quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
  • NovAccess Global Inc. Return On Equity for the quarter ending June 30, 2024 was 26.6 %, a 44.6% decline year-over-year.
  • NovAccess Global Inc. annual Return On Equity for 2023 was 70.6 %, a 83.5% increase from 2022.
  • NovAccess Global Inc. annual Return On Equity for 2022 was 38.5 %, a 48.7% decline from 2021.
  • NovAccess Global Inc. annual Return On Equity for 2021 was 75 %, a 74% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 70.6 +32.1 +83.5% Oct 1, 2022 Sep 30, 2023
2022 38.5 -36.6 -48.7% Oct 1, 2021 Sep 30, 2022
2021 75 -213 -74% Oct 1, 2020 Sep 30, 2021
2020 288 +372 Oct 1, 2019 Sep 30, 2020
2019 -83.7 -194 -176% Oct 1, 2018 Sep 30, 2019
2018 110 +52.3 +90.1% Oct 1, 2017 Sep 30, 2018
2017 58 +27.1 +87.9% Oct 1, 2016 Sep 30, 2017
2016 30.9 -142 -82.1% Oct 1, 2015 Sep 30, 2016
2015 172 -57.5 -25% Oct 1, 2014 Sep 30, 2015
2014 230 -253 -52.4% Oct 1, 2013 Sep 30, 2014
2013 483 +19.6 +4.23% Oct 1, 2012 Sep 30, 2013
2012 463 Oct 1, 2011 Sep 30, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.