Akoustis Technologies, Inc. Annual Return On Equity in % from 2021 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
Akoustis Technologies, Inc. quarterly/annual Return On Equity history and growth rate from 2021 to 2023.
  • Akoustis Technologies, Inc. Return On Equity for the quarter ending June 30, 2023 was -72.1 %, a 39.9% decline year-over-year.
  • Akoustis Technologies, Inc. annual Return On Equity for 2023 was -72.1 %, a 39.9% decline from 2022.
  • Akoustis Technologies, Inc. annual Return On Equity for 2022 was -51.6 %, a 7.55% increase from 2021.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -72.1 -20.6 -39.9% Jul 1, 2022 Jun 30, 2023
2022 -51.6 +4.21 +7.55% Jul 1, 2021 Jun 30, 2022
2021 -55.8 Jul 1, 2020 Jun 30, 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.