Edify Acquisition Corp. Annual Return On Equity in % from 2021 to 2022

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
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 (%)
Period Value YoY Chg Change % Start Date End Date
2022 -93.9 -42.1 -81.3% Jan 1, 2022 Dec 31, 2022
2021 -51.8 Jan 1, 2021 Dec 31, 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.