Return On Equity of Fortune Rise Acquisition Corp from 31 Dec 2021 to 30 Sep 2024

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Fortune Rise Acquisition Corp quarterly and annual Return On Equity in % history and change rate from 31 Dec 2021 to 30 Sep 2024.
  • Fortune Rise Acquisition Corp Return On Equity for the quarter ending 30 Sep 2024 was 15%.
  • Fortune Rise Acquisition Corp annual Return On Equity for 2023 was 4.6%, a 218% increase from 2022.
  • Fortune Rise Acquisition Corp annual Return On Equity for 2022 was 1.5%, a 93% decline from 2021.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Change (%)
Return On Equity, Annual (%)
Return On Equity, YoY Annual Change (%)

Fortune Rise Acquisition Corp Quarterly Return On Equity (%)

Period Value YoY Chg Change % Start Date End Date
Q3 2024 15% +25% 01 Jul 2024 30 Sep 2024
Q2 2024 15% +30% 01 Apr 2024 30 Jun 2024
Q1 2024 14% +28% 01 Jan 2024 31 Mar 2024
Q4 2023 4.6% +3.2% +218% 01 Oct 2023 31 Dec 2023
Q3 2023 -9.8% 01 Jul 2023 30 Sep 2023
Q2 2023 -15% 01 Apr 2023 30 Jun 2023
Q1 2023 -14% 01 Jan 2023 31 Mar 2023
Q4 2022 1.5% 01 Oct 2022 31 Dec 2022

Fortune Rise Acquisition Corp Annual Return On Equity (%)

Period Value YoY Chg Change % Start Date End Date
2023 4.6% +3.2% +218% 01 Jan 2023 31 Dec 2023
2022 1.5% -21% -93% 01 Jan 2022 31 Dec 2022
2021 22% 01 Feb 2021 31 Dec 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.