Name: Return on Equity (ROE)

Definition: ROE shows how much profit the company earns for its shareholders based on their invested equity. It’s one of the most watched profitability ratios. A consistently high ROE signals strong management and efficient use of shareholder capital. But artificially high ROE may sometimes be boosted by excessive debt.

Interpretation:
• In '2021', IMPPP's return on equity was -3.8%, measuring profitability for shareholders. Industry average for Marine Transportation in '2021' stood at 17.9%.
• In '2022', IMPPP's return on equity was 15.6%, measuring profitability for shareholders. The increase since '2021' reflects strengthening financial performance. Industry average for Marine Transportation in '2022' stood at 25.1%. Industry average increased by 7.2% compared to previous year.
• In '2023', IMPPP's return on equity was 22.1%, measuring profitability for shareholders. The increase since '2022' reflects strengthening financial performance. Industry average for Marine Transportation in '2023' stood at 18.2%. Industry average declined by 6.9% from previous year.
• In '2024', IMPPP's return on equity was 12.8%, measuring profitability for shareholders. The decline from '2023' may indicate some operational or financial challenges. Industry average for Marine Transportation in '2024' stood at 11.5%. Industry average declined by 6.7% from previous year.
Overall, IMPPP's return on equity has been volatile but showed an upward trend over the past 4 years.

Formula: ROE = Net Income / Shareholders' Equity

Good Range: 10%-20% desirable for many industries.