Omnitek Engineering Corp Annual Return On Equity in % from 2020 to 2021

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
Omnitek Engineering Corp quarterly/annual Return On Equity history and growth rate from 2020 to 2021.
  • Omnitek Engineering Corp Return On Equity for the quarter ending March 31, 2022 was 6.1 %, a 86.9% decline year-over-year.
  • Omnitek Engineering Corp annual Return On Equity for 2021 was -1.95 %, a 103% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2021 -1.95 -72.5 -103% Jan 1, 2021 Dec 31, 2021
2020 70.5 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.