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', TNL's return on equity was -38.5%, measuring profitability for shareholders. Industry average for Hotels/Resorts in '2021' stood at 11.5%.
• In '2022', TNL's return on equity was -41.7%, measuring profitability for shareholders. The decline from '2021' may indicate some operational or financial challenges. Industry average for Hotels/Resorts in '2022' stood at 25.7%. Industry average increased by 14.2% compared to previous year.
• In '2023', TNL's return on equity was -43.3%, measuring profitability for shareholders. The decline from '2022' may indicate some operational or financial challenges. Industry average for Hotels/Resorts in '2023' stood at 20.2%. Industry average declined by 5.6% from previous year.
• In '2024', TNL's return on equity was -45.7%, measuring profitability for shareholders. The decline from '2023' may indicate some operational or financial challenges. Industry average for Hotels/Resorts in '2024' stood at -19.2%. Industry average declined by 39.4% from previous year.
Overall, TNL'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.