Right On Brands, Inc. Annual Return On Equity in % from 2019 to 2022

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
Right On Brands, Inc. quarterly/annual Return On Equity history and growth rate from 2019 to 2022.
  • Right On Brands, Inc. Return On Equity for the quarter ending September 30, 2023 was 46.2 %, a 290% increase year-over-year.
  • Right On Brands, Inc. annual Return On Equity for 2022 was -1.16 %, a 109% decline from 2021.
  • Right On Brands, Inc. annual Return On Equity for 2021 was 13.6 %, a 87.4% decline from 2020.
  • Right On Brands, Inc. annual Return On Equity for 2020 was 108 %.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2022 -1.16 -14.7 -109% Apr 1, 2022 Mar 31, 2023
2021 13.6 -94.1 -87.4% Apr 1, 2021 Mar 31, 2022
2020 108 +587 Apr 1, 2020 Mar 31, 2021
2019 -480 Apr 1, 2019 Mar 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.