Analyzing Cineverse Corp's (NASDAQ:CNVS) Financials: A Closer Look at Return on Equity

Cineverse Corp. (NASDAQ:CNVS) has experienced a 40% decline in its share price over the past month. Despite this, the company's financials look respectable with a return on equity (ROE) of 9.1%. The ROE measures a company's success in turning shareholder investments into profits. While the ROE is not high compared to the industry average of 12%, the company has still managed to grow its net income by 41% in the last five years, outpacing the industry average of 31%.