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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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Medinotec Inc. quarterly/annual Return On Equity history and growth rate for 2023.
- Medinotec Inc. Return On Equity for the quarter ending May 31, 2024 was -15 %, a 50.8% decline year-over-year.
Return On Equity, Annual (%)