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 '2020', MRIN's return on equity was -88.8%, measuring profitability for shareholders. Industry average for EDP Services in '2020' stood at -175.7%.
• In '2021', MRIN's return on equity was -41.7%, measuring profitability for shareholders. The increase since '2020' reflects strengthening financial performance. Industry average for EDP Services in '2021' stood at 11.7%. Industry average increased by 187.4% compared to previous year.
• In '2022', MRIN's return on equity was -46.2%, measuring profitability for shareholders. The decline from '2021' may indicate some operational or financial challenges. Industry average for EDP Services in '2022' stood at -31.0%. Industry average declined by 42.7% from previous year.
• In '2023', MRIN's return on equity was -94.6%, measuring profitability for shareholders. The decline from '2022' may indicate some operational or financial challenges. Industry average for EDP Services in '2023' stood at -31.6%. Industry average declined by 0.7% from previous year.
Overall, MRIN's return on equity has been volatile but showed a downward trend over the past 4 years.

Formula: ROE = Net Income / Shareholders' Equity

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