1606 CORP. Annual Return On Equity in % from 2021 to 2023
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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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1606 Corp. quarterly/annual Return On Equity history and growth rate from 2021 to 2023.
- 1606 Corp. Return On Equity for the quarter ending September 30, 2024 was 249 %, a 30.5% increase year-over-year.
- 1606 Corp. annual Return On Equity for 2023 was 156 %, a 47.5% increase from 2022.
- 1606 Corp. annual Return On Equity for 2022 was 106 %, a 74.8% decline from 2021.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)