GlobalTech Corp Annual Return On Equity in % from 2022 to 2023

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
GlobalTech Corp quarterly/annual Return On Equity history and growth rate from 2022 to 2023.
  • GlobalTech Corp Return On Equity for the quarter ending June 30, 2024 was -59.7 %, a 0.18% decline year-over-year.
  • GlobalTech Corp annual Return On Equity for 2023 was -54.7 %, a 29.9% decline from 2022.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -54.7 -12.6 -29.9% Jan 1, 2023 Dec 31, 2023
2022 -42.1 Jan 1, 2022 Dec 31, 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.