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-NZ
This variable is not part of a dataset.

Representation

Representation Type
Numeric
Type
Integer
Variable is a Weight
False
Aggregation Method
Unspecified
Temporal
False
Geographic
False

Concept

Conceptual Variable
Concept

Appears Within

Information

History

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Revision Date Responsibility Rationale
1 30/06/2022 10:39:45 AM