BITMINE IMMERSION TECHNOLOGIES, INC. Annual Return On Equity in % from 2021 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
Bitmine Immersion Technologies, Inc. quarterly/annual Return On Equity history and growth rate from 2021 to 2023.
  • Bitmine Immersion Technologies, Inc. Return On Equity for the quarter ending May 31, 2024 was -67.8 %, a 135% decline year-over-year.
  • Bitmine Immersion Technologies, Inc. annual Return On Equity for 2023 was -37.2 %, a 55.6% increase from 2022.
  • Bitmine Immersion Technologies, Inc. annual Return On Equity for 2022 was -83.8 %, a 85.4% increase from 2021.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -37.2 +46.6 +55.6% Sep 1, 2022 Aug 31, 2023
2022 -83.8 +488 +85.4% Sep 1, 2021 Aug 31, 2022
2021 -572 Sep 1, 2020 Aug 31, 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.