What is ROE for Arts Way Manufacturing Co Inc in the forth quarter 2023?
Arts Way Manufacturing Co Inc achieved a return on average equity (ROE) of
2.27 % in its forth quarter 2023, this is above ARTW's average return on equity of -5.74%.
Arts Way Manufacturing Co Inc shareholder's equity over the 12 months ending in its forth quarter 2023 are valued at $12 million
ROE decreased relative to the period ending , due to the decline in net income.
Within the
Industrial Machinery and Components industry 52 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to
1236, from total ROE ranking in the third quarter 2023 at
1790.
What is ROE?