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Novagant (NVGT) Return on Equity (2020 - 2023)

Novagant (NVGT) has disclosed Return on Equity for 4 consecutive years, with 0.28% as the latest value for Q4 2023.

  • Quarterly Return on Equity fell 1559.0% to 0.28% in Q4 2023 from the year-ago period, while the trailing twelve-month figure was 0.28% through Dec 2023, down 1559.0% year-over-year, with the annual reading at 0.2% for FY2023, 3072.0% down from the prior year.
  • Return on Equity for Q4 2023 was 0.28% at Novagant, down from 0.28% in the prior quarter.
  • The five-year high for Return on Equity was 17.7% in Q1 2022, with the low at 0.77% in Q1 2021.
  • Average Return on Equity over 4 years is 4.71%, with a median of 0.23% recorded in 2023.
  • The sharpest move saw Return on Equity skyrocketed 1848bps in 2022, then crashed -1750bps in 2023.
  • Over 4 years, Return on Equity stood at 0.04% in 2020, then plummeted by -83bps to 0.01% in 2021, then surged by 238171bps to 15.87% in 2022, then tumbled by -98bps to 0.28% in 2023.
  • According to Business Quant data, Return on Equity over the past three periods came in at 0.28%, 0.28%, and 0.25% for Q4 2023, Q3 2023, and Q2 2023 respectively.