Return on equity is an important financial measure and shows net income returned as a percentage of shareholder equity. It is calculated by dividing net income by total shareholder's equity. As of 2019, the return on equity ratio of Absa Group reached a value of 13.1 percent. This is decrease when compared to the previous year.
Return on equity ratio of Absa Group from 2017 to 2019
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Absa Group. (March 11, 2020). Return on equity ratio of Absa Group from 2017 to 2019 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1121211/return-on-equity-ratio-of-absa-group/
Absa Group. "Return on equity ratio of Absa Group from 2017 to 2019." Chart. March 11, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1121211/return-on-equity-ratio-of-absa-group/
Absa Group. (2020). Return on equity ratio of Absa Group from 2017 to 2019. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1121211/return-on-equity-ratio-of-absa-group/
Absa Group. "Return on Equity Ratio of Absa Group from 2017 to 2019." Statista, Statista Inc., 11 Mar 2020, https://www.statista.com/statistics/1121211/return-on-equity-ratio-of-absa-group/
Absa Group, Return on equity ratio of Absa Group from 2017 to 2019 Statista, https://www.statista.com/statistics/1121211/return-on-equity-ratio-of-absa-group/ (last visited November 21, 2024)
Return on equity ratio of Absa Group from 2017 to 2019 [Graph], Absa Group, March 11, 2020. [Online]. Available: https://www.statista.com/statistics/1121211/return-on-equity-ratio-of-absa-group/
