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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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Arax Holdings Corp annual/quarterly Return On Equity history and growth rate from 2014 to 2023.
- Arax Holdings Corp Return On Equity for the quarter ending July 31, 2023 was -57.7 %, a 152% decline year-over-year.
- Arax Holdings Corp annual Return On Equity for 2023 was -172 %.
- Arax Holdings Corp annual Return On Equity for 2022 was 161 %, a 82% decline from 2021.
- Arax Holdings Corp annual Return On Equity for 2021 was 890 %.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)