Arax Holdings Corp Annual Return On Equity in % from 2014 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
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 (%)
Period Value YoY Chg Change % Start Date End Date
2023 -172* -332 Nov 1, 2022 Oct 31, 2023
2022 161 -729 -82% Nov 1, 2021 Oct 31, 2022
2021 890 Nov 1, 2020 Oct 31, 2021
2016 99.6 -322 -76.4% Nov 1, 2015 Oct 31, 2016
2015 422 +156 +58.9% Nov 1, 2014 Oct 31, 2015
2014 265 Nov 1, 2013 Oct 31, 2014
* An asterisk sign (*) next to the value indicates that the value is likely invalid.