SSAB Return On Tangible Equity 2017-2025 | SSAAY
- SSAB average return on tangible equity for 2024 was 13.5, a 187.78% decline from 2023.
- SSAB average return on tangible equity for 2023 was -15.38, a 147.79% decline from 2022.
- SSAB average return on tangible equity for 2022 was 32.18, a 35.61% decline from 2021.
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.