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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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Coda Octopus Group, Inc. quarterly/annual Return On Equity history and growth rate from 2018 to 2023.
- Coda Octopus Group, Inc. Return On Equity for the quarter ending April 30, 2024 was 5.54 %, a 48.6% decline year-over-year.
- Coda Octopus Group, Inc. annual Return On Equity for 2023 was 6.47 %, a 35.9% decline from 2022.
- Coda Octopus Group, Inc. annual Return On Equity for 2022 was 10.1 %, a 19.5% decline from 2021.
- Coda Octopus Group, Inc. annual Return On Equity for 2021 was 12.5 %, a 22.8% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)