• Elastic average return on equity for 2023 was -56.59, a 11.73% decline from 2022.
• Elastic average return on equity for 2022 was -50.65, a 64.18% increase from 2021.
• Elastic average return on equity for 2021 was -30.85, a 21.24% increase from 2020.

Roe - 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.