Twin Vee PowerCats, Co. 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
Twin Vee PowerCats, Co. quarterly/annual Return On Equity history and growth rate from 2021 to 2023.
  • Twin Vee PowerCats, Co. Return On Equity for the quarter ending September 30, 2024 was -35.8 %, a 78.4% decline year-over-year.
  • Twin Vee PowerCats, Co. annual Return On Equity for 2023 was -21.1 %, a 3.3% increase from 2022.
  • Twin Vee PowerCats, Co. annual Return On Equity for 2022 was -21.9 %, a 102% decline from 2021.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -21.1 +0.72 +3.3% Jan 1, 2023 Dec 31, 2023
2022 -21.9 -11 -102% Jan 1, 2022 Dec 31, 2022
2021 -10.8 Jan 1, 2021 Dec 31, 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.