ReturnOnEquity

ReturnOnEquity ( Symbol symbol, int fiscalPeriod);

Default values:

symbol: current symbol fiscalPeriod: FiscalPeriod.YEAR

Description

The ReturnOnEquity function returns the net income of a company expressed as a percentage of shareholders' equity (average of last year's and current year's common equity). The net income is equal to total profit less the bottom line and preferred dividend requirement. By default, the value is returned for the currently selected symbol and based on the annual reporting data. To specify a different symbol for this function, modify the value of the symbol input parameter. To use quarterly data instead of annual, assign the FiscalPeriod.QUARTER constant to the fiscalPeriod input parameter.