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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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Innovative Eyewear Inc quarterly/annual Return On Equity history and growth rate from 2021 to 2023.
- Innovative Eyewear Inc Return On Equity for the quarter ending September 30, 2024 was -116 %, a 18.6% decline year-over-year.
- Innovative Eyewear Inc annual Return On Equity for 2023 was -99.8 %, a 66.4% increase from 2022.
- Innovative Eyewear Inc annual Return On Equity for 2022 was -297 %, a 103% decline from 2021.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)