Startech Labs, Inc. Annual Return On Equity in % from 2016 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
Startech Labs, Inc. quarterly/annual Return On Equity history and growth rate from 2016 to 2023.
  • Startech Labs, Inc. Return On Equity for the quarter ending August 31, 2024 was 17.1 %, a 19% decline year-over-year.
  • Startech Labs, Inc. annual Return On Equity for 2023 was 22.5 %, a 16.1% decline from 2022.
  • Startech Labs, Inc. annual Return On Equity for 2022 was 26.8 %, a 23.7% decline from 2021.
  • Startech Labs, Inc. annual Return On Equity for 2021 was 35.1 %, a 48.6% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 22.5 -4.3 -16.1% Jun 1, 2023 May 31, 2024
2022 26.8 -8.32 -23.7% Jun 1, 2022 May 31, 2023
2021 35.1 -33.2 -48.6% Jun 1, 2021 May 31, 2022
2020 68.3 -53.3K Jun 1, 2020 May 31, 2021
2019 53.4K* +53.2K Jun 1, 2019 May 31, 2020
2018 137 -944 -87.3% Jun 1, 2018 May 31, 2019
2017 1.08K +1.19K Jun 1, 2017 May 31, 2018
2016 -113 Jun 1, 2016 May 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.