Return on equity (ROE)Артем
Shows the profit of the enterprise (in percentage from owner’s equity, %) for the reporting period.
It is calculated as a correlation of net profit for the year to average owner’s equity (or average owner’s equity for any period (month, quarter, six months etc). Then the net profit is considered for the same period)
Average owner’s equity for a period is calculated by formula:
Where can we get the figures?