Classover(Kidz) Financials: Return On Equity Compared To Industry Average, Plus Other Key Ratios

Report Profitability Growth Liquidity Solvency Valuation

operating roa return on assets return on capital employed return on equity

Profitability Trend (Last 5 Years)

Profitability - return on equity

This chart shows the historical trend of return on equity for KIDZ compared to its industry average over the recent years.

Ratio Definition and Interpretation

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 '2022', KIDZ's return on equity was 71.2%, measuring profitability for shareholders. Industry average for Other Consumer Services in '2022' stood at 0.5%.
• In '2023', KIDZ's return on equity was 12.4%, measuring profitability for shareholders. The decline from '2022' may indicate some operational or financial challenges. Industry average for Other Consumer Services in '2023' stood at -12.3%. Industry average declined by 12.8% from previous year.
Overall, KIDZ's return on equity has been volatile but showed a downward trend over the past 2 years.

Formula: ROE = Net Income / Shareholders' Equity

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