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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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Formation Minerals, Inc. quarterly/annual Return On Equity history and growth rate from Q1 2022 to Q1 2024.
- Formation Minerals, Inc. Return On Equity for the quarter ending April 30, 2024 was 180 %, a 89% increase year-over-year.
- Formation Minerals, Inc. annual Return On Equity for 2023 was 209 %, a 15.6% increase from 2022.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)