Balance Labs, Inc. Annual Return On Equity in % from 2018 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
Balance Labs, Inc. quarterly/annual Return On Equity history and growth rate from 2018 to 2023.
  • Balance Labs, Inc. Return On Equity for the quarter ending June 30, 2024 was 9.04 %, a 27.6% decline year-over-year.
  • Balance Labs, Inc. annual Return On Equity for 2023 was 8.68 %, a 56.1% decline from 2022.
  • Balance Labs, Inc. annual Return On Equity for 2022 was 19.8 %, a 44.6% decline from 2021.
  • Balance Labs, Inc. annual Return On Equity for 2021 was 35.6 %.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 8.68 -11.1 -56.1% Jan 1, 2023 Dec 31, 2023
2022 19.8 -15.9 -44.6% Jan 1, 2022 Dec 31, 2022
2021 35.6 +47.2 Jan 1, 2021 Dec 31, 2021
2020 -11.6 -45 -135% Jan 1, 2020 Dec 31, 2020
2019 33.5 +2.93 +9.6% Jan 1, 2019 Dec 31, 2019
2018 30.5 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.