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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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Trio Petroleum Corp. quarterly/annual Return On Equity history and growth rate from Q3 2023 to Q2 2024.
- Trio Petroleum Corp. Return On Equity for the quarter ending July 31, 2024 was -101 %.
Return On Equity, Quarterly (%)