SoftBank Group Return On Tangible Equity 2012-2024 | SFTBY
- SoftBank Group average return on tangible equity for 2023 was -12.5, a 83.24% decline from 2022.
- SoftBank Group average return on tangible equity for 2022 was -74.57, a 177.66% decline from 2021.
- SoftBank Group average return on tangible equity for 2021 was 96.02, a 10.89% decline 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.