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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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Innovative Designs Inc quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
- Innovative Designs Inc Return On Equity for the quarter ending April 30, 2024 was -14.4 %, a 1457% decline year-over-year.
- Innovative Designs Inc annual Return On Equity for 2023 was -28.9 %, a 18% decline from 2022.
- Innovative Designs Inc annual Return On Equity for 2022 was -24.5 %, a 32.8% increase from 2021.
- Innovative Designs Inc annual Return On Equity for 2021 was -36.5 %, a 5.89% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)