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', NWSA's return on equity was 4.0%, measuring profitability for shareholders. Industry average for Newspapers/Magazines in '2021' stood at 13.7%.
• In '2022', NWSA's return on equity was 7.6%, measuring profitability for shareholders. The increase since '2021' reflects strengthening financial performance. Industry average for Newspapers/Magazines in '2022' stood at -44.2%. Industry average declined by 57.9% from previous year.
• In '2023', NWSA's return on equity was 1.8%, measuring profitability for shareholders. The decline from '2022' may indicate some operational or financial challenges. Industry average for Newspapers/Magazines in '2023' stood at -35.6%. Industry average increased by 8.6% compared to previous year.
• In '2024', NWSA's return on equity was 3.3%, measuring profitability for shareholders. The increase since '2023' reflects strengthening financial performance. Industry average for Newspapers/Magazines in '2024' stood at -69.2%. Industry average declined by 33.6% from previous year.
Overall, NWSA's return on equity has been volatile but generally stable over the past 4 years.

Formula: ROE = Net Income / Shareholders' Equity

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