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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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Tuscan Holdings Corp. II quarterly/annual Return On Equity history and growth rate from 2020 to 2021.
- Tuscan Holdings Corp. II Return On Equity for the quarter ending September 30, 2022 was -6.82 %, a 74.7% increase year-over-year.
- Tuscan Holdings Corp. II annual Return On Equity for 2021 was -65.8 %, a 314% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)