• Inpex average return on tangible equity for 2023 was 9.97, a 44.91% increase from 2022.
• Inpex average return on tangible equity for 2022 was 6.88, a 56.36% increase from 2021.
• Inpex average return on tangible equity for 2021 was 4.4, a 17.65% 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.