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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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Item 9 Labs Corp. quarterly/annual Return On Equity history and growth rate from Q3 2019 to Q2 2023.
- Item 9 Labs Corp. Return On Equity for the quarter ending June 30, 2023 was -53.4 %, a 104% decline year-over-year.
- Item 9 Labs Corp. annual Return On Equity for 2022 was -40.5 %, a 247% decline from 2021.
- Item 9 Labs Corp. annual Return On Equity for 2021 was -11.7 %, a 91.5% increase from 2020.
- Item 9 Labs Corp. annual Return On Equity for 2020 was -138 %, a 72.5% decline from 2019.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)