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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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Algorhythm Holdings, Inc. quarterly/annual Return On Equity history and change rate from 2012 to Q3 2023.
- Algorhythm Holdings, Inc. Return On Equity for the quarter ending 30 Sep 2023 was -68.1 %.
- Algorhythm Holdings, Inc. annual Return On Equity for 2022 was -46.4 %, a 1632% decline from 2021.
- Algorhythm Holdings, Inc. annual Return On Equity for 2021 was 3.03 %, a 89.8% decline from 2020.
- Algorhythm Holdings, Inc. annual Return On Equity for 2020 was 29.8 %.
Return On Equity, Quarterly (%)
Return On Equity, Annual (%)
Return On Equity, YoY Annual Change (%)