Grom Social Enterprises, Inc. Annual Return On Equity in % from 2021 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
Grom Social Enterprises, Inc. quarterly/annual Return On Equity history and growth rate from 2021 to 2023.
  • Grom Social Enterprises, Inc. Return On Equity for the quarter ending March 31, 2024 was -89.9 %, a 34.1% decline year-over-year.
  • Grom Social Enterprises, Inc. annual Return On Equity for 2023 was -71.5 %, a 5.91% decline from 2022.
  • Grom Social Enterprises, Inc. annual Return On Equity for 2022 was -67.5 %, a 35% decline from 2021.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -71.5 -3.99 -5.91% Jan 1, 2023 Dec 31, 2023
2022 -67.5 -17.5 -35% Jan 1, 2022 Dec 31, 2022
2021 -50 Jan 1, 2021 Dec 31, 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.