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Taxonomy & unit
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ratio: %
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Description
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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.
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Summary
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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 (%)