NOVA STAR INNOVATIONS INC Annual Return On Equity in % from 2013 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
Nova Star Innovations Inc quarterly/annual Return On Equity history and growth rate from 2013 to 2023.
  • Nova Star Innovations Inc Return On Equity for the quarter ending June 30, 2024 was 9.19 %, a 13.2% increase year-over-year.
  • Nova Star Innovations Inc annual Return On Equity for 2023 was 8.17 %, a 1.33% decline from 2022.
  • Nova Star Innovations Inc annual Return On Equity for 2022 was 8.28 %, a 4.5% decline from 2021.
  • Nova Star Innovations Inc annual Return On Equity for 2021 was 8.67 %, a 3.99% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 8.17 -0.11 -1.33% Jan 1, 2023 Dec 31, 2023
2022 8.28 -0.39 -4.5% Jan 1, 2022 Dec 31, 2022
2021 8.67 -0.36 -3.99% Jan 1, 2021 Dec 31, 2021
2020 9.03 -0.72 -7.38% Jan 1, 2020 Dec 31, 2020
2019 9.75 -0.62 -5.98% Jan 1, 2019 Dec 31, 2019
2018 10.4 -0.81 -7.24% Jan 1, 2018 Dec 31, 2018
2017 11.2 -1.03 -8.44% Jan 1, 2017 Dec 31, 2017
2016 12.2 -1.96 -13.8% Jan 1, 2016 Dec 31, 2016
2015 14.2 -2.63 -15.7% Jan 1, 2015 Dec 31, 2015
2014 16.8 -8.23 -32.9% Jan 1, 2014 Dec 31, 2014
2013 25 Jan 1, 2013 Dec 31, 2013
* An asterisk sign (*) next to the value indicates that the value is likely invalid.