Digital Brands Group, 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
Digital Brands Group, Inc. quarterly/annual Return On Equity history and growth rate from 2020 to 2023.
  • Digital Brands Group, Inc. Return On Equity for the quarter ending September 30, 2024 was -625 %, a 140% decline year-over-year.
  • Digital Brands Group, Inc. annual Return On Equity for 2023 was -1.21K %, a 485% decline from 2022.
  • Digital Brands Group, Inc. annual Return On Equity for 2022 was 314 %, a 76.7% decline from 2021.
  • Digital Brands Group, Inc. annual Return On Equity for 2021 was 1.35K %, a 98.9% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -1.21K -1.53K -485% Jan 1, 2023 Dec 31, 2023
2022 314 -1.03K -76.7% Jan 1, 2022 Dec 31, 2022
2021 1.35K +671 +98.9% Jan 1, 2021 Dec 31, 2021
2020 678 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.