Rapid Line Inc. Annual Return On Equity in % from 2022 to 2024

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
Rapid Line Inc. quarterly/annual Return On Equity history and growth rate from 2022 to 2024.
  • Rapid Line Inc. Return On Equity for the quarter ending January 31, 2025 was 43.3 %, a 66.7% decline year-over-year.
  • Rapid Line Inc. annual Return On Equity for 2024 was 43.3 %, a 66.7% decline from 2023.
  • Rapid Line Inc. annual Return On Equity for 2023 was 130 %, a 49.1% decline from 2022.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2024 43.3 -86.6 -66.7% Feb 1, 2024 Jan 31, 2025
2023 130 -125 -49.1% Feb 1, 2023 Jan 31, 2024
2022 255 Feb 1, 2022 Jan 31, 2023
* An asterisk sign (*) next to the value indicates that the value is likely invalid.