Return On Equity	(Nov 30 2023) 2023	(Nov 30 2022) 2022	(Nov 30 2021) 2021	(Nov 30 2020) 2020	(Nov 30 2019) 2019
Y / Y Equity Change	1.36 %	7.84 %	9.5 %	4.3 %	15.45 %
Y / Y Net Income Change	-77.32 %	-8.86 %	107.74 %	-60.36 %	157.67 %
Return On Equity	1.79 %	8.01 %	9.48 %	5 %	13.14 %

MPAD all Ratios >> Back to MPAD Management Effectiveness >> See Quarterly MPAD Return On Equity

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Roe Comment

In (Nov 30 2023) ROE decreased compare to previous year to 1.79 %, due to detoriation of net income.

Financial Statements
Micropac Industries Inc 's Equity	$ 35 Millions	Annual MPAD's Balance sheet
Micropac Industries Inc 's Annual Income	$ 1 Millions	Annual MPAD's Income Statement
Where are MPAD's Income coming from?		Visit MPAD's Income by Segment

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