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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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Edify Acquisition Corp. quarterly/annual Return On Equity history and growth rate from 2021 to 2022.
- Edify Acquisition Corp. Return On Equity for the quarter ending September 30, 2023 was -13.2 %, a 87% increase year-over-year.
- Edify Acquisition Corp. annual Return On Equity for 2022 was -93.9 %, a 81.3% decline from 2021.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)