Finance: Return on Equity

Efficiency Measure: Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested. Formula: ROE= Net Inocme/ Average Shareholders Equity

 

'Calculate Return on Equity
'Formula: ROE= Net Income/ Average Shareholders Equity

Return api.Data.GetDataCell("Divide(A#[YourNetIncomeAccount], A#[YourShareholdersEquityAccount]:V#YearAvgToDate)")

Source:   Snippet Editor:  Finance - Common  Accounts - Efficiency Measures