Return On Equity of FORMATION MINERALS, INC. from 30 Apr 2022 to 30 Apr 2024

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
FORMATION MINERALS, INC. quarterly and annual Return On Equity in % history and change rate from 30 Apr 2022 to 30 Apr 2024.
  • FORMATION MINERALS, INC. Return On Equity for the quarter ending 30 Apr 2024 was 180%, a 89% increase year-over-year.
  • FORMATION MINERALS, INC. annual Return On Equity for 2023 was 209%, a 16% increase from 2022.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Change (%)
Return On Equity, Annual (%)
Return On Equity, YoY Annual Change (%)

FORMATION MINERALS, INC. Quarterly Return On Equity (%)

Period Value YoY Chg Change % Start Date End Date
Q1 2024 180% +85% +89% 01 Feb 2024 30 Apr 2024
Q4 2023 246% +120% +96% 01 Nov 2023 31 Jan 2024
Q3 2023 104% -56% -35% 01 Aug 2023 31 Oct 2023
Q2 2023 98% -88% -47% 01 May 2023 31 Jul 2023
Q1 2023 96% -124% -57% 01 Feb 2023 30 Apr 2023
Q4 2022 126% 01 Nov 2022 31 Jan 2023
Q3 2022 160% 01 Aug 2022 31 Oct 2022
Q2 2022 186% 01 May 2022 31 Jul 2022
Q1 2022 220% 01 Feb 2022 30 Apr 2022

FORMATION MINERALS, INC. Annual Return On Equity (%)

Period Value YoY Chg Change % Start Date End Date
2023 209% +28% +16% 01 May 2023 30 Apr 2024
2022 181% 01 May 2022 30 Apr 2023
* An asterisk sign (*) next to the value indicates that the value is likely invalid.