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', WINA's return on equity was -102.1%, measuring profitability for shareholders. Industry average for Other Specialty Stores in '2021' stood at -0.2%.
• In '2022', WINA's return on equity was -78.3%, measuring profitability for shareholders. The increase since '2021' reflects strengthening financial performance. Industry average for Other Specialty Stores in '2022' stood at 14.1%. Industry average increased by 14.4% compared to previous year.
• In '2023', WINA's return on equity was -66.5%, measuring profitability for shareholders. The increase since '2022' reflects strengthening financial performance. Industry average for Other Specialty Stores in '2023' stood at -43.6%. Industry average declined by 57.7% from previous year.
• In '2024', WINA's return on equity was -72.5%, measuring profitability for shareholders. The decline from '2023' may indicate some operational or financial challenges. Industry average for Other Specialty Stores in '2024' stood at -18.9%. Industry average increased by 24.7% compared to previous year.
Overall, WINA's return on equity has been volatile but showed an upward trend over the past 4 years.

Formula: ROE = Net Income / Shareholders' Equity

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