SMART Global Holdings, Inc. Annual Return On Equity in % from 2020 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
SMART Global Holdings, Inc. quarterly/annual Return On Equity history and growth rate from 2020 to 2023.
  • SMART Global Holdings, Inc. Return On Equity for the quarter ending May 31, 2024 was -45.4 %, a 492% decline year-over-year.
  • SMART Global Holdings, Inc. annual Return On Equity for 2023 was -60.3 %, a 432% decline from 2022.
  • SMART Global Holdings, Inc. annual Return On Equity for 2022 was 18.2 %, a 142% increase from 2021.
  • SMART Global Holdings, Inc. annual Return On Equity for 2021 was 7.52 %.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -60.3 -78.5 -432% Aug 27, 2022 Aug 25, 2023
2022 18.2 +10.7 +142% Aug 28, 2021 Aug 26, 2022
2021 7.52 +7.93 Aug 29, 2020 Aug 27, 2021
2020 -0.41 Aug 31, 2019 Aug 28, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.