Jack In The Box Inc (JACK)

Return on equity (ROE)

		Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Net income	US$ in thousands	130,826	115,781	165,755	89,764	94,437
Total stockholders’ equity	US$ in thousands	-718,327	-736,192	-817,882	-793,361	-737,584
ROE		—	—	—	—	—

September 30, 2023 calculation

ROE = Net income ÷ Total stockholders’ equity
= $130,826K ÷ $-718,327K
= —

To calculate Jack In The Box Inc's return on equity (ROE) for each year, we use the formula:

ROE = Net Income / Shareholders' Equity

Given that we do not have specific figures for Net Income and Shareholders' Equity, we cannot calculate the ROE for any of the years provided in the table. However, ROE is a key financial indicator that shows how effectively a company is using its shareholders' equity to generate profit.

It is important to note that a high ROE indicates that a company is generating significant profits relative to its shareholder equity, which is generally seen as a positive sign. On the other hand, a low or negative ROE may suggest inefficiency or financial distress.

Without specific data, it is challenging to provide a thorough analysis of Jack In The Box Inc's ROE trend over the years. For a more detailed assessment of the company's performance, further financial data is needed to calculate ROE and evaluate its implications effectively.