-
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
-
FORMATION MINERALS, INC. quarterly/annual Return On Equity history and change rate from Q1 2022 to Q1 2024.
- FORMATION MINERALS, INC. Return On Equity for the quarter ending 30 Apr 2024 was 180 %, a 89% increase year-over-year.
- FORMATION MINERALS, INC. annual Return On Equity for 2023 was 209 %, a 15.6% increase from 2022.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Change (%)
Return On Equity, Annual (%)
Return On Equity, YoY Annual Change (%)