PREAXIA HEALTH CARE PAYMENT SYSTEMS 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
Preaxia Health Care Payment Systems Inc. quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
  • Preaxia Health Care Payment Systems Inc. Return On Equity for the quarter ending May 31, 2024 was 4.18 %, a 40% decline year-over-year.
  • Preaxia Health Care Payment Systems Inc. annual Return On Equity for 2023 was 4.44 %, a 41.2% decline from 2022.
  • Preaxia Health Care Payment Systems Inc. annual Return On Equity for 2022 was 7.55 %, a 20.7% decline from 2021.
  • Preaxia Health Care Payment Systems Inc. annual Return On Equity for 2021 was 9.52 %, a 1.93% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 4.44 -3.11 -41.2% Jun 1, 2023 May 31, 2024
2022 7.55 -1.97 -20.7% Jun 1, 2022 May 31, 2023
2021 9.52 +0.18 +1.93% Jun 1, 2021 May 31, 2022
2020 9.34 -1.76 -15.9% Jun 1, 2020 May 31, 2021
2019 11.1 -3.53 -24.1% Jun 1, 2019 May 31, 2020
2018 14.6 +1.56 +11.9% Jun 1, 2018 May 31, 2019
2017 13.1 -2.15 -14.1% Jun 1, 2017 May 31, 2018
2016 15.2 -1.48 -8.86% Jun 1, 2016 May 31, 2017
2015 16.7 +2.94 +21.4% Jun 1, 2015 May 31, 2016
2014 13.8 -0.6 -4.18% Jun 1, 2014 May 31, 2015
2013 14.4 -3.31 -18.7% Jun 1, 2013 May 31, 2014
2012 17.7 Jun 1, 2012 May 31, 2013
* An asterisk sign (*) next to the value indicates that the value is likely invalid.