Coda Octopus Group, Inc. Annual Return On Equity in % from 2018 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
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 July 31, 2024 was 5.93 %, a 32.9% 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 (%)
Period Value YoY Chg Change % Start Date End Date
2023 6.47 -3.62 -35.9% Nov 1, 2022 Oct 31, 2023
2022 10.1 -2.44 -19.5% Nov 1, 2021 Oct 31, 2022
2021 12.5 +2.33 +22.8% Nov 1, 2020 Oct 31, 2021
2020 10.2 -8.18 -44.5% Nov 1, 2019 Oct 31, 2020
2019 18.4 -5.01 -21.4% Nov 1, 2018 Oct 31, 2019
2018 23.4 Nov 1, 2017 Oct 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.