The term "ROE" can refer to two common things: Return on Equity (a financial metric) or Record of Employment (a document related to employment in Canada). Based on the context, here are both explanations:
- If you are looking for your Return on Equity (ROE) to evaluate a company’s financial performance, you find it by calculating:
ROE=Net IncomeShareholders’ Equity\text{ROE}=\frac{\text{Net Income}}{\text{Shareholders' Equity}}ROE=Shareholders’ EquityNet Income
* Net Income is on the income statement.
* Shareholders' Equity is on the balance sheet.
This ratio measures profitability relative to the equity invested by shareholders.
- If you want your Record of Employment (ROE) document (used in Canada for employment insurance and other purposes), you can find it:
- Online through your My Service Canada Account if your employer submitted it electronically.
- On a paper copy given to you by your employer.
- If you cannot get it from your employer, you can contact Service Canada for assistance.
Please specify which ROE you are referring to if you want more detailed instructions.
