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', NRDY's return on equity was -53.9%, measuring profitability for shareholders. Industry average for Other Consumer Services in '2021' stood at -0.7%.
• In '2022', NRDY's return on equity was -72.5%, measuring profitability for shareholders. The decline from '2021' may indicate some operational or financial challenges. Industry average for Other Consumer Services in '2022' stood at 0.5%. Industry average increased by 1.2% compared to previous year.
• In '2023', NRDY's return on equity was -80.8%, 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.
• In '2024', NRDY's return on equity was -92.6%, measuring profitability for shareholders. The decline from '2023' may indicate some operational or financial challenges. Industry average for Other Consumer Services in '2024' stood at -3.6%. Industry average increased by 8.7% compared to previous year.
Overall, NRDY'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.