Variable Description
Name
Return on equity
en-NZ
Label
Return on equity
en-NZ
Description
Total current year taxable profit divided by total proprietor or shareholder funds. The return on equity represents the rate of return earned on the owner’s equity and investment. It measures the business’s efficiency at turning equity (assets less liabilities) into profit. The higher the ratio, the more efficient a business is. The lower the ratio, and a negative ratio (loss), the less efficiently a business has used the owner’s investment.
en-NZRepresentation
Representation Type
Numeric
Type
Integer
Variable is a Weight
False
Aggregation Method
Unspecified
Temporal
False
Geographic
False
Concept
Conceptual Variable
Assets and liabilities
en-NZ
Concept
Income (business)
en-NZ
