Grasim Industries Return On Tangible Equity 2011-2024 | GRSXY

Grasim Industries return on tangible equity for the quarter ending March 31, 2024 was 10.52.

  • Grasim Industries average return on tangible equity for 2023 was 13.92, a 22.75% decline from 2022.
  • Grasim Industries average return on tangible equity for 2022 was 18.02, a 16.03% decline from 2021.
  • Grasim Industries average return on tangible equity for 2021 was 15.53, a 25.85% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.

Grasim Industries Return On Tangible Equity 2011-2024 | GRSXY

  • Grasim Industries average return on tangible equity for 2023 was 13.92, a 22.75% decline from 2022.
  • Grasim Industries average return on tangible equity for 2022 was 18.02, a 16.03% decline from 2021.
  • Grasim Industries average return on tangible equity for 2021 was 15.53, a 25.85% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.
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