Independence Contract Drilling, Inc. Annual Return On Equity in % from 2015 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
Independence Contract Drilling, Inc. quarterly/annual Return On Equity history and growth rate from 2015 to 2023.
  • Independence Contract Drilling, Inc. Return On Equity for the quarter ending September 30, 2024 was -43 %, a 1002% decline year-over-year.
  • Independence Contract Drilling, Inc. annual Return On Equity for 2023 was -18.5 %, a 44.2% increase from 2022.
  • Independence Contract Drilling, Inc. annual Return On Equity for 2022 was -33.1 %, a 7.61% decline from 2021.
  • Independence Contract Drilling, Inc. annual Return On Equity for 2021 was -30.7 %, a 9.24% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -18.5 +14.6 +44.2% Jan 1, 2023 Dec 31, 2023
2022 -33.1 -2.34 -7.61% Jan 1, 2022 Dec 31, 2022
2021 -30.7 +3.13 +9.24% Jan 1, 2021 Dec 31, 2021
2020 -33.9 -17.3 -104% Jan 1, 2020 Dec 31, 2020
2019 -16.6 -9.18 -124% Jan 1, 2019 Dec 31, 2019
2018 -7.42 +2.56 +25.7% Jan 1, 2018 Dec 31, 2018
2017 -9.98 -1.37 -15.9% Jan 1, 2017 Dec 31, 2017
2016 -8.61 -5.28 -159% Jan 1, 2016 Dec 31, 2016
2015 -3.32 Jan 1, 2015 Dec 31, 2015
* An asterisk sign (*) next to the value indicates that the value is likely invalid.