');padding-left:32px}label{color:#313439;margin-bottom:4px;font-size:15px}form{margin-bottom:2rem}.row{display:-webkit-box;display:-webkit-flex;display:-moz-flex;display:-ms-flexbox;display:flex;-webkit-box-flex:0;-webkit-flex:0 1 auto;-moz-box-flex:0;-moz-flex:0 1 auto;-ms-flex:0 1 auto;flex:0 1 auto;-webkit-box-direction:normal;-webkit-flex-direction:row;-moz-flex-direction:row;-ms-flex-direction:row;flex-direction:row;-webkit-flex-wrap:wrap;-moz-flex-wrap:wrap;-ms-flex-wrap:wrap;flex-wrap:wrap;margin-right:-15px;margin-left:-15px}.row.basis-auto{-webkit-flex-basis:auto;-moz-flex-basis:auto;-ms-flex-preferred-size:auto;flex-basis:auto;-webkit-box-align:center;-ms-flex-align:center;-webkit-align-items:center;-moz-align-items:center;align-items:center}.row>*{-webkit-flex-basis:100%;-moz-flex-basis:100%;-ms-flex-preferred-size:100%;flex-basis:100%;padding-right:15px;padding-left:15px}.row:after,.row:before{position:absolute}.col-xs{-webkit-flex-shrink:0;-moz-flex-shrink:0;-ms-flex-negative:0;flex-shrink:0;padding-right:15px;padding-left:15px}.col-xs-fit{box-sizing:border-box;-webkit-flex-shrink:0;-moz-flex-shrink:0;-ms-flex-negative:0;flex-shrink:0;padding-right:15px;padding-left:15px;-webkit-flex-basis:auto;-moz-flex-basis:auto;-ms-flex-preferred-size:auto;flex-basis:auto;-webkit-box-flex:0;-webkit-flex-grow:0;-moz-flex-grow:0;-ms-flex-positive:0;flex-grow:0;max-width:100%}.col-xs{-webkit-box-flex:1;-webkit-flex-grow:1;-moz-flex-grow:1;-ms-flex-positive:1;flex-grow:1;-webkit-flex-basis:0;-moz-flex-basis:0;-ms-flex-preferred-size:0;flex-basis:0;max-width:100%}.start-xs{-webkit-box-pack:start;-ms-flex-pack:start;-webkit-justify-content:flex-start;-moz-justify-content:flex-start;justify-content:flex-start}.middle-xs{-webkit-box-align:center;-ms-flex-align:center;-webkit-align-items:center;-moz-align-items:center;align-items:center}@media only screen and (min-width:768px){.col-sm-fit{box-sizing:border-box;padding-right:15px;padding-left:15px}.col-sm-fit{-webkit-flex-shrink:0;-moz-flex-shrink:0;-ms-flex-negative:0;flex-shrink:0;-webkit-flex-basis:auto;-moz-flex-basis:auto;-ms-flex-preferred-size:auto;flex-basis:auto;-webkit-box-flex:0;-webkit-flex-grow:0;-moz-flex-grow:0;-ms-flex-positive:0;flex-grow:0;max-width:100%}}.screen-reader-text{clip:rect(1px,1px,1px,1px);position:absolute!important;height:1px;width:1px;overflow:hidden;word-wrap:normal!important}.header-top-bar{background-color:#222;display:none;padding-left:5%;padding-right:5%}.header-top-bar-inner{height:40px}.header-top-bar-area{position:relative}.header-top-bar-area.area-right .top-bar-field:last-of-type{padding-right:0}.top-bar-field{float:left;font-size:12px;text-align:left;color:#fff;padding:11px 15px}.top-bar-field span{line-height:18px;font-size:.8rem;float:left}@media (min-width:768px){.header-top-bar{display:block}}#mainmenu_container{display:none}@media (min-width:768px){#mainmenu_container{display:flex}}ul.dropdown-menu{list-style:none;padding:0;margin:0;display:none;z-index:1;left:0;box-sizing:border-box;width:100%;position:absolute}ul.dropdown-menu li{display:block;position:relative;color:#fff;overflow:hidden;padding:.85rem}ul.dropdown-menu li a{display:block;text-decoration:none;white-space:nowrap;color:inherit;position:relative}ul.dropdown-menu li.menu-item-has-children>a:after{content:"\f0d7";font-family:FontAwesome;display:inline-block;color:inherit;font-size:.8em;box-sizing:border-box;width:20px;height:100%;text-align:center;position:absolute;right:1em;opacity:.9}ul.dropdown-menu ul{margin-left:0;left:0;padding-left:1em;min-width:100%;display:block;box-sizing:border-box;opacity:0;height:0;overflow:hidden;box-shadow:1px 1px 4px 2px rgba(0,0,0,.11);border-radius:2px;background-color:#fff}ul.dropdown-menu ul li{border-top:0;color:#6b7c93;line-height:120%;font-weight:600;position:relative;padding:.75rem 1.5rem;font-size:14px}ul.dropdown-menu ul li:after{display:block;content:' ';width:100%;height:1px;background-color:rgba(128,128,128,.2);position:absolute;left:0;bottom:0;mix-blend-mode:exclusion}ul.dropdown-menu ul li:last-of-type:after{display:none}ul.dropdown-menu:after,ul.dropdown-menu:before{content:" ";display:table}@media (min-width:768px){ul.dropdown-menu{display:-webkit-box;display:-webkit-flex;display:-moz-flex;display:-ms-flexbox;display:flex;-webkit-box-flex:1;-webkit-flex:1 0 auto;-moz-box-flex:1;-moz-flex:1 0 auto;-ms-flex:1 0 auto;flex:1 0 auto;-webkit-box-direction:normal;-webkit-box-orient:horizontal;-webkit-flex-direction:row;-moz-flex-direction:row;-ms-flex-direction:row;flex-direction:row;-webkit-flex-wrap:wrap;-moz-flex-wrap:wrap;-ms-flex-wrap:wrap;flex-wrap:wrap;position:static}ul.dropdown-menu>li>a{font-weight:600;font-style:normal;font-size:14px;line-height:160%;letter-spacing:1px;text-transform:uppercase}ul.dropdown-menu>li>ul{left:.85rem}ul.dropdown-menu li ul{position:absolute;padding-left:0;min-width:200px;z-index:10;top:100%}ul.main-menu>li.menu-item-has-children>a:after{vertical-align:middle;position:relative;right:0;margin-left:-.2em;margin-top:-.3em}}ul.dropdown-menu>li{color:#fff}.header-top{align-items:center;width:100%;position:absolute;z-index:100}.navigation-bar{display:block;width:100%;-webkit-backface-visibility:hidden;-moz-backface-visibility:hidden;-ms-backface-visibility:hidden;-o-backface-visibility:hidden;backface-visibility:hidden;padding-top:1rem;padding-bottom:1rem;position:relative}.navigation-wrapper:not(.gridContainer){padding-left:5%;padding-right:5%}.logo_col,.main_menu_col{text-align:left;display:-webkit-box;display:-webkit-flex;display:-moz-flex;display:-ms-flexbox;display:flex;-webkit-box-align:center;-ms-flex-align:center;-webkit-align-items:center;-moz-align-items:center;align-items:center}.main_menu_col{justify-content:flex-end}.logo_col{-webkit-flex-basis:auto;-moz-flex-basis:auto;-ms-flex-preferred-size:auto;flex-basis:auto;max-width:80%}a.text-logo,a.text-logo:visited{text-decoration:none;font-size:1.6rem;line-height:100%;color:#fff;font-weight:600;text-transform:uppercase}.header-wrapper{position:relative;-webkit-box-flex:0;-webkit-flex:0 0 auto;-moz-box-flex:0;-moz-flex:0 0 auto;-ms-flex:0 0 auto;flex:0 0 auto;flex-grow:0}.header-wrapper>div[class*=header]{flex-grow:1}.header{background-position:center center;background-repeat:no-repeat;background-size:cover;position:relative;z-index:0}@media (min-width:768px){.logo_col{max-width:30%}}.offcanvas-right{left:auto;right:0;border-left:1px solid rgba(0,0,0,.1)}#offcanvas-wrapper,.site{-webkit-box-direction:normal;-webkit-box-orient:vertical}.main_menu_col [data-component=offcanvas]{color:#fff;position:relative;text-align:center}.main_menu_col [data-component=offcanvas] .bubble{position:absolute;z-index:0;height:2.5rem;width:2.5rem;background-color:#000;opacity:.1;border-radius:100%}.main_menu_col [data-component=offcanvas] i.fa{font-size:1.1rem;line-height:2.5rem;height:2.5rem;width:2.5rem;text-align:center;position:relative;z-index:1}#offcanvas-wrapper{left:auto;right:0;background-color:#222b34;padding:0;overflow:auto;z-index:99999;display:-webkit-box;display:-webkit-flex;display:-moz-flex;display:-ms-flexbox;display:flex;-webkit-box-flex:0;-webkit-flex:0 1 auto;-moz-box-flex:0;-moz-flex:0 1 auto;-ms-flex:0 1 auto;flex:0 1 auto;-webkit-flex-direction:column;-moz-flex-direction:column;-ms-flex-direction:column;flex-direction:column}#offcanvas-wrapper.hide{display:none}#offcanvas-wrapper.force-hide{display:none!important;width:0!important;overflow:hidden}#offcanvas-wrapper .offcanvas-top{padding-top:2rem;padding-bottom:2rem}#offcanvas-wrapper .offcanvas-top .logo-holder a{color:#fff;text-decoration:none;font-size:1.5rem;text-align:center;display:block}#offcanvas-wrapper .social-icons{bottom:0;padding-bottom:1rem;z-index:1;text-align:center;width:100%}#offcanvas-wrapper #offcanvas-menu{-webkit-box-flex:1;-webkit-flex:1 1 auto;-moz-box-flex:1;-moz-flex:1 1 auto;-ms-flex:1 1 auto;flex:1 1 auto}.offcanvas_menu{margin-left:0;list-style:none;flex:1}.offcanvas_menu *{color:#fff}.offcanvas_menu ul{list-style:none}.offcanvas_menu li{color:#fff;border-bottom:1px solid rgba(128,128,128,.2);font-size:.8rem;text-align:left}.offcanvas_menu li a{text-decoration:none;color:inherit;position:relative;display:block;padding:.75rem 0 .75rem 2.5rem;font-size:.875rem;line-height:1}.offcanvas_menu li:first-of-type{border-bottom:1px solid rgba(128,128,128,.2)}.offcanvas_menu li>ul{display:none;margin-left:0;background-color:rgba(255,255,255,.2)}.offcanvas_menu li>ul>li>a{padding-left:3.75rem}@media (min-width:768px) and (max-width:1023px){[data-component=offcanvas]{display:none}}@media (min-width:1024px){[data-component=offcanvas]{display:none}}.site{display:-webkit-box;display:-webkit-flex;display:-moz-flex;display:-ms-flexbox;box-sizing:border-box}body{min-height:1px}.site{display:flex;-webkit-box-flex:0;-webkit-flex:0 1 auto;-moz-box-flex:0;-moz-flex:0 1 auto;-ms-flex:0 1 auto;flex:0 1 auto;-webkit-flex-direction:column;-moz-flex-direction:column;-ms-flex-direction:column;flex-direction:column;min-height:100vh}i.fa{color:#acb7c3}a i.fa{color:inherit}body{font-family:"Open Sans",Helvetica,Arial,sans-serif;color:#6b7c93}body h1{font-family:Muli,Helvetica,Arial,sans-serif;font-weight:400;font-style:normal;font-size:1rem;line-height:1.8rem;color:#d3d8e1}body h2{font-family:Muli,Helvetica,Arial,sans-serif;font-weight:600;font-style:normal;font-size:2.188rem;line-height:3rem;text-transform:none;color:#3c424f}.header-top-bar{background:#1e2429}.header-top-bar-inner{height:40px}.header-top-bar .header-top-bar-area.area-right span{color:#fff}.header-top-bar .header-top-bar-area.area-right span.top-bar-text{color:#03a9f4}.mesmerize-inner-page #main_menu>li>a{font-family:"Open Sans",Helvetica,Arial,sans-serif;font-weight:600;font-style:normal;font-size:14px;line-height:160%;letter-spacing:1px;text-transform:uppercase}[data-component=offcanvas] i.fa{color:#fff!important}[data-component=offcanvas] .bubble{background-color:#fff!important}#offcanvas-wrapper{background-color:#222B34!important}#offcanvas-wrapper *{color:#ffffff!important}#offcanvas_menu li>ul{background-color:#686b77}#offcanvas_menu li>a{font-family:"Open Sans",Helvetica,Arial,sans-serif;font-weight:400;font-size:.875rem;line-height:100%;letter-spacing:0px;text-transform:none}.navigation-bar:not(.homepage) a.text-logo,.navigation-bar:not(.homepage) a.text-logo{color:#fff;font-family:inherit;font-weight:600;font-size:1.6rem;line-height:100%;letter-spacing:0px;text-transform:uppercase}@media (max-width:1023px){body{font-size:calc(16px*0.875)}}@media (min-width:1024px){body{font-size:16px}}@media only screen and (min-width:768px){body h1{font-size:2rem}body h2{font-size:24px}}body .header-title{font-size:20px;line-height:1.5;margin-bottom:0;text-align:left;color:#fff}body .header-title h1{font-size:14px!important}.navigation-bar .header-top-bar__login{display:none}@media (max-width:768px){body .header-title{font-size:18px;margin-bottom:0;text-align:left}.navigation-bar .header-top-bar__login{display:block;margin-right:7px}}@media (max-width:576px){body .header-title{font-size:14px;margin-bottom:0;text-align:left}}.navigation-wrapper:not(.gridContainer),.header-top-bar{padding-left:2%;padding-right:2%}@media (min-width:768px){.header-top-bar{display:flex;justify-content:right}}@media (max-width:768px){.header-top-bar{display:none}}.header-top#page-top{position:relative!important}.header-top .navigation-bar{padding-top:0;padding-bottom:0;position:relative!important;background:#263855!important}.main_menu_col{position:relative}.header-top-bar-inner{display:-webkit-box;display:-webkit-flex;display:-moz-box;display:-ms-flexbox;display:flex;-webkit-box-orient:horizontal;-webkit-box-direction:normal;-webkit-flex-flow:row nowrap;-moz-box-orient:horizontal;-moz-box-direction:normal;-ms-flex-flow:row nowrap;flex-flow:row nowrap;-webkit-box-pack:end;-webkit-justify-content:flex-end;-moz-box-pack:end;-ms-flex-pack:end;justify-content:flex-end}.header-top-bar__login{-webkit-box-flex:0;-webkit-flex:none;-moz-box-flex:0;-ms-flex:none;flex:none;display:flex;align-items:center}.header-top-bar__login .login-link{display:inline-block;vertical-align:middle;margin-right:10px;font-size:14px;font-weight:700;text-decoration:none;color:#fff}.header-top-bar__login .login-link:last-child{margin-right:0}.header-top-bar__login .login-link--register{color:#03a9f4}.nsl-container{display:-webkit-box!important;display:-webkit-flex!important;display:-moz-box!important;display:-ms-flexbox!important;display:flex!important;-webkit-justify-content:space-around;-ms-flex-pack:distribute;justify-content:space-around;max-width:none!important;-webkit-flex-wrap:wrap;-ms-flex-wrap:wrap;flex-wrap:wrap}@media (max-width:768px){.login-link--register{display:none}}@media only screen and (max-width:767px){.nsl-container{-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column}.news-feed__social-registration>.nsl-container{align-items:center}.news-feed__social-registration>.nsl-container>a{max-width:none!important}.news-feed__social-registration>.nsl-container .nsl-button-label-container{margin:0 auto}.pum-container{padding:0!important}}.sign-up__popup{visibility:hidden;position:fixed;top:0;right:0;bottom:0;left:0;padding:1.5rem;display:-webkit-box;display:-webkit-flex;display:-moz-box;display:-ms-flexbox;display:flex;-webkit-box-pack:center;-webkit-justify-content:center;-moz-box-pack:center;-ms-flex-pack:center;justify-content:center;-webkit-box-align:center;-webkit-align-items:center;-moz-box-align:center;-ms-flex-align:center;align-items:center;z-index:200}.sign-up__popup-inner{position:relative;-webkit-border-radius:3px;border-radius:3px;background-color:#fff;padding:20px 30px;max-width:95%;width:500px;background-color:#fff;-webkit-box-shadow:0 3px 6px rgba(0,0,0,.16),0 3px 6px rgba(0,0,0,.23);box-shadow:0 3px 6px rgba(0,0,0,.16),0 3px 6px rgba(0,0,0,.23);opacity:0;-webkit-transform:scale(.8);-moz-transform:scale(.8);-ms-transform:scale(.8);-o-transform:scale(.8);transform:scale(.8)}.sign-up__popup-inner form{margin-bottom:0}.sign-up__popup p{margin:0 0 20px;color:#000}.sign-up__field{margin-bottom:10px;width:100%;height:60px;-webkit-border-radius:3px;border-radius:3px;border:1px solid #aaa;font-size:20px;text-align:center}.sign-up__close-button{position:absolute;top:-8px;right:-8px;display:-webkit-box;display:-webkit-flex;display:-moz-box;display:-ms-flexbox;display:flex;-webkit-box-align:center;-webkit-align-items:center;-moz-box-align:center;-ms-flex-align:center;align-items:center;-webkit-box-pack:center;-webkit-justify-content:center;-moz-box-pack:center;-ms-flex-pack:center;justify-content:center;width:30px;height:30px;-webkit-border-radius:50%;border-radius:50%;background-color:#555;color:#fff;font-size:24px}.sign-up__button{width:100%;height:60px;-webkit-border-radius:3px;border-radius:3px;border:none;background-color:#253b68;color:#fff;font-size:18px}@media (max-width:578px){.sign-up__popup-inner{padding:15px}.sign-up__popup-header p{text-align:center}.sign-up__field{height:50px;font-size:16px}.sign-up__button{height:50px;font-size:16px}}.m-0{margin:0!important}.tml{margin:0 auto}.tml input[type=submit]{margin:0 auto;width:auto;min-width:auto;height:auto;min-height:auto;padding:10px 50px;-webkit-border-radius:3px;border-radius:3px;border:0;font-size:15px;line-height:1;font-weight:600;text-transform:uppercase;letter-spacing:1px;background:#0095ff;color:#fff;float:none}.tml>*{text-align:left}.tml{text-align:center}.tml-wrapper-aside .tml{max-width:none;margin:10px 0 0}.tml-wrapper-aside .tml .btn,.tml-wrapper-aside .tml input[type=submit]{width:100%;background-color:#263855}.tml-simple input{width:100%!important;margin-bottom:20px}.tml-simple{max-width:280px;margin:10px auto 20px auto}.navigation-bar .login-link{padding-left:10px!important;padding-right:10px!important}.login-link-search:after{display:inline-block;width:14px;vertical-align:middle}.login-link-search:after{content:url("/wp-content/themes/mesmerize-pro/img/icon-search-white.svg")}.login-link-search,.navigation-bar .login-link-search{margin-right:5px}.header-search-panel{position:absolute;background-color:#37517b;top:0;right:0;z-index:999;padding:10px;color:#fff;max-width:400px;width:100%;margin:5px 2% 0;display:none;-webkit-box-shadow:0px 0px 10px 2px #263855;-moz-box-shadow:0px 0px 10px 2px #263855;box-shadow:0px 0px 10px 2px #263855}.header-search-panel .search-form{margin:0}.header-search-panel .search-field{padding:0 12px;border-color:#818ea8}.header-search-panel #searchsubmit{display:none}@media (max-width:768px){.header-search-panel{top:100%;width:auto}.header-search-panel{left:0}}.navigation-bar .login-link{margin-right:5px}ul.dropdown-menu li.menu-item-highlight a{color:#add8e6}body h1{color:#454545}a{color:#385898}.news-feed__social-registration.style-1 div.nsl-container-block>a{flex-basis:100%;text-decoration:none}form[name=registerform] input[type=submit]{font-family:"Open Sans",Helvetica,Arial,sans-serif;height:40px}.ref-widget{padding:10px;background-color:#fff;text-align:center;margin-bottom:25px}#page.site{display:block}button,input[type=submit]{color:inherit;border:none;padding:0;font:inherit;outline:inherit;height:40px;width:100%}.fa{-moz-osx-font-smoothing:grayscale;-webkit-font-smoothing:antialiased;display:inline-block;font-style:normal;font-variant:normal;text-rendering:auto;line-height:1}.fa-bars:before{content:"\f0c9"}.fa{font-family:"Font Awesome 5 Free"}.fa{font-weight:900}.pum-container,.pum-content,.pum-content+.pum-close,.pum-overlay{background:0 0;border:none;bottom:auto;clear:none;float:none;font-family:inherit;font-size:medium;font-style:normal;font-weight:400;height:auto;left:auto;letter-spacing:normal;line-height:normal;max-height:none;max-width:none;min-height:0;min-width:0;overflow:visible;position:static;right:auto;text-align:left;text-decoration:none;text-indent:0;text-transform:none;top:auto;visibility:visible;white-space:normal;width:auto;z-index:auto}.pum-content{position:relative;z-index:1}.pum-overlay{position:fixed}.pum-overlay{height:100%;width:100%;top:0;left:0;right:0;bottom:0;z-index:1999999999;overflow:initial;display:none}.pum-overlay,.pum-overlay *,.pum-overlay :after,.pum-overlay :before,.pum-overlay:after,.pum-overlay:before{box-sizing:border-box}.pum-container{top:100px;position:absolute;margin-bottom:3em;z-index:1999999999}.pum-container.pum-responsive{left:50%;margin-left:-47.5%;width:95%;height:auto;overflow:visible}@media only screen and (min-width:1024px){.pum-container.pum-responsive.pum-responsive-medium{margin-left:-30%;width:60%}}.pum-container .pum-content>:last-child{margin-bottom:0}.pum-container .pum-content>:first-child{margin-top:0}.pum-container .pum-content+.pum-close{text-decoration:none;text-align:center;line-height:1;position:absolute;min-width:1em;z-index:2;background-color:transparent}.pum-theme-5939,.pum-theme-enterprise-blue{background-color:rgba(0,0,0,.7)}.pum-theme-5939 .pum-container,.pum-theme-enterprise-blue .pum-container{padding:28px;border-radius:5px;border:1px none #000;box-shadow:0px 10px 25px 4px rgba(2,2,2,.5);background-color:rgba(255,255,255,1)}.pum-theme-5939 .pum-content,.pum-theme-enterprise-blue .pum-content{color:#2d2d2d;font-family:inherit}.pum-theme-5939 .pum-content+.pum-close,.pum-theme-enterprise-blue .pum-content+.pum-close{position:absolute;height:28px;width:28px;left:auto;right:8px;bottom:auto;top:8px;padding:4px;color:#fff;font-family:inherit;font-size:20px;line-height:20px;border:1px none #fff;border-radius:42px;box-shadow:0px 0px 0px 0px rgba(2,2,2,.23);text-shadow:0px 0px 0px rgba(0,0,0,.23);background-color:rgba(49,91,124,1)}.pum-theme-5937,.pum-theme-default-theme{background-color:rgba(255,255,255,1)}.pum-theme-5937 .pum-container,.pum-theme-default-theme .pum-container{padding:18px;border-radius:0;border:1px none #000;box-shadow:1px 1px 3px 0px rgba(2,2,2,.23);background-color:rgba(249,249,249,1)}.pum-theme-5937 .pum-content,.pum-theme-default-theme .pum-content{color:#8c8c8c;font-family:inherit;font-weight:inherit;font-style:normal}.pum-theme-5937 .pum-content+.pum-close,.pum-theme-default-theme .pum-content+.pum-close{position:absolute;height:auto;width:auto;left:auto;right:0;bottom:auto;top:0;padding:8px;color:#fff;font-family:inherit;font-weight:inherit;font-size:12px;font-style:normal;line-height:14px;border:1px none #fff;border-radius:0;box-shadow:0px 0px 0px 0px rgba(2,2,2,.23);text-shadow:0px 0px 0px rgba(0,0,0,.23);background-color:rgba(0,183,205,1)}#pum-7355{z-index:1999999999}#pum-24020{z-index:1999999999}.fa{display:inline-block}.fa{font:normal normal normal 14px/1 FontAwesome;font-size:inherit;text-rendering:auto;-webkit-font-smoothing:antialiased;-moz-osx-font-smoothing:grayscale}.fa-bars:before{content:"\f0c9"}[class*=" ep_font_"]{font-family:ep_icons!important;speak:never;font-style:normal;font-weight:400;font-variant:normal;text-transform:none;line-height:1;-webkit-font-smoothing:antialiased;-moz-osx-font-smoothing:grayscale}.ep_font_icon_arrow_carrot_right:before{content:""}.epkbfa{display:inline-block;font:normal normal normal 14px/1 FontAwesome;font-family:FontAwesome;font-size:inherit;text-rendering:auto;-webkit-font-smoothing:antialiased;-moz-osx-font-smoothing:grayscale}.epkbfa-user:before{content:""}.epkbfa-print:before{content:""}.epkbfa-pencil-square-o:before{content:""}.epkbfa-calendar:before{content:""}@keyframes spin{0%{transform:rotate(0)}100%{transform:rotate(360deg)}}.epkb-doc-search-container button,.epkb-doc-search-container div,.epkb-doc-search-container form,.epkb-doc-search-container input{margin:0;padding:0;border:0;outline:0;font-size:100%;vertical-align:baseline;font-weight:400;line-height:1;text-align:left;text-decoration:none;border:none;box-shadow:none;box-sizing:border-box;font-style:normal;list-style-type:none;list-style-image:none;float:none}#eckb-article-page-container-v2 .eckb-breadcrumb a,#eckb-article-page-container-v2 .eckb-breadcrumb li,#eckb-article-page-container-v2 .eckb-breadcrumb nav,#eckb-article-page-container-v2 .eckb-breadcrumb span,#eckb-article-page-container-v2 .eckb-breadcrumb ul,#eckb-article-page-container-v2 .eckb-navigation-back div{margin:0;padding:0;border:0;outline:0;vertical-align:baseline;font-weight:400;line-height:1;text-align:left;text-decoration:none;border:none;box-shadow:none;box-sizing:border-box;list-style-image:none}@keyframes spin{0%{transform:rotate(0)}100%{transform:rotate(360deg)}}#eckb-article-page-container-v2{position:relative;text-align:left;margin:auto;display:flex;flex-direction:column}#eckb-article-page-container-v2 .epkb-doc-search-container{position:relative;z-index:1;padding:50px 0;max-width:100%;text-align:center;width:100%}#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-doc-search-container__title{text-align:center;font-size:30px;margin-bottom:23px}@media only screen and (min-width:769px){#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-doc-search-container__title{font-size:36px}}#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search{width:80%;margin:0 auto;position:relative}@media only screen and (max-width:768px){#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search{width:100%!important}}#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search .epkb-search-box{position:relative;text-align:center;display:block}@media only screen and (min-width:769px){#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search .epkb-search-box{display:flex}}#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search .epkb-search-box input[type=text]{width:80%!important;line-height:22px;font-size:18px;padding:10px 43px!important;height:50px;display:inline-block!important;-webkit-box-sizing:border-box;-moz-box-sizing:border-box;box-sizing:border-box}@media only screen and (min-width:769px){#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search .epkb-search-box input[type=text]{width:100%!important}}#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search .epkb-search-box .epkb-search-box_button-wrap{display:inline-block;width:80%;font-size:18px}@media only screen and (min-width:769px){#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search .epkb-search-box .epkb-search-box_button-wrap{display:block;width:initial}}#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search .epkb-search-box .epkb-search-box_button-wrap button{text-align:center;line-height:22px;font-size:18px;padding:10px 15px!important;height:50px;display:inline-block;-webkit-box-sizing:border-box;-moz-box-sizing:border-box;box-sizing:border-box;word-break:normal;word-wrap:normal;width:100%;position:relative;margin-top:24px}@media only screen and (min-width:769px){#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search .epkb-search-box .epkb-search-box_button-wrap button{width:fit-content;margin-top:initial;position:initial}}#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search-form-1 .epkb-search-box{word-break:normal}@media only screen and (min-width:769px){#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search-form-1 .epkb-search-box{display:flex}}#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search-form-1 .epkb-search-box input[type=text]{margin-right:-3px}#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search-form-1 .epkb-search-box .epkb-search-box_button-wrap button{display:inline-block!important;top:0;right:-1px;margin:0;margin-top:24px;position:relative;box-sizing:border-box;width:100%}@media only screen and (min-width:769px){#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search-form-1 .epkb-search-box .epkb-search-box_button-wrap button{width:fit-content;margin-top:0;position:initial}}#eckb-article-page-container-v2 #eckb-article-header{width:100%}#eckb-article-page-container-v2 #eckb-article-body{display:grid;grid-template-rows:auto;align-items:stretch;width:100%;max-width:100%;grid-template-areas:"left-sidebar content right-sidebar";margin:0 auto}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-left-sidebar{position:relative}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content{position:relative}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2{width:100%;display:flex;position:relative;flex-direction:column}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 .eckb-article-content-header-row-left-group{display:flex;justify-content:flex-start;flex-wrap:wrap;margin-right:30px}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 .eckb-article-content-header-row-right-group{display:flex;justify-content:flex-end;flex-wrap:wrap;flex:1}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 #eckb-article-content-header-row-1,#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 #eckb-article-content-header-row-2,#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 #eckb-article-content-header-row-3{display:flex;flex-direction:column;justify-content:flex-start;position:relative}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 #eckb-article-content-title-container{display:flex;justify-content:space-between;align-items:center}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 #eckb-article-content-title-container .eckb-article-title{margin:0;padding:0}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 .eckb-article-content-created-date-container{display:flex;justify-content:space-between;align-items:center;margin:0 10px 0 0}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 .eckb-article-content-created-date-container .eckb-meta-data-feature-icon{margin-right:5px}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 .eckb-article-content-created-date-container .eckb-meta-data-feature-text{margin-right:5px;white-space:nowrap}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 .eckb-article-content-created-date-container .eckb-meta-data-feature-value time{white-space:nowrap}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 .eckb-article-content-last-updated-date-container{display:flex;justify-content:space-between;align-items:center;margin:0 10px 0 0}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 .eckb-article-content-last-updated-date-container .eckb-meta-data-feature-icon{margin-right:5px}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 .eckb-article-content-last-updated-date-container .eckb-meta-data-feature-text{margin-right:5px;white-space:nowrap}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 .eckb-article-content-last-updated-date-container .eckb-meta-data-feature-value time{white-space:nowrap}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 .eckb-article-content-author-container{display:flex;justify-content:space-between;align-items:center;margin:0 10px 0 0}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 .eckb-article-content-author-container .eckb-meta-data-feature-icon{margin-right:5px}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 .eckb-article-content-author-container .eckb-meta-data-feature-text{margin-right:5px;white-space:nowrap}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 .eckb-article-content-author-container .eckb-meta-data-feature-value{white-space:nowrap}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 #eckb-article-content-breadcrumb-container{display:flex;justify-content:space-between;align-items:center}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 #eckb-article-content-breadcrumb-container .eckb-breadcrumb-outline{display:inline-block}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 #eckb-article-content-breadcrumb-container .eckb-breadcrumb-nav{padding:0;display:inline}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 #eckb-article-content-breadcrumb-container .eckb-breadcrumb-nav li{display:inline;padding-right:10px}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 #eckb-article-content-breadcrumb-container .eckb-breadcrumb-nav li a{text-decoration:none;font-weight:inherit;font-family:inherit}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 #eckb-article-content-breadcrumb-container .eckb-breadcrumb-nav li a span{font-weight:inherit;font-family:inherit}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 #eckb-article-content-breadcrumb-container .eckb-breadcrumb-link{font-weight:inherit;font-family:inherit}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 #eckb-article-content-breadcrumb-container .eckb-breadcrumb-link span[aria-current=page]{font-weight:inherit!important;font-family:inherit!important}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 #eckb-article-content-breadcrumb-container .eckb-breadcrumb-link-icon{font-size:.6em;line-height:2em;display:inline-block;vertical-align:middle;margin-left:6px}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 #eckb-article-content-breadcrumb-container .eckb-breadcrumb-link{font-weight:inherit}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 .eckb-navigation-back{float:left;width:100%}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 .eckb-navigation-back .eckb-navigation-button{float:left;white-space:nowrap}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 #eckb-article-content-toolbar-container .eckb-article-content-toolbar-button-container{display:flex;justify-content:flex-start;align-items:center}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 .eckb-print-button-container{display:flex;justify-content:flex-start;align-items:center}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 .eckb-print-button-container span:first-child{margin-right:5px}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-body{width:100%}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-right-sidebar{position:relative}@keyframes spin{0%{transform:rotate(0)}100%{transform:rotate(360deg)}}#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search .epkb-search-box input[type=text]{color:#000;border-style:solid!important}#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search .epkb-search-box input[type=text]::-webkit-input-placeholder{color:#c9c7c7}#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search .epkb-search-box input[type=text]::-moz-placeholder{color:#c9c7c7}#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search .epkb-search-box input[type=text]:-ms-input-placeholder{color:#c9c7c7}#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search .epkb-search-box input[type=text]:-moz-placeholder{color:#c9c7c7}#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search .epkb-search-box .epkb-search-box_button-wrap button{color:#fff;text-shadow:0 -1px 1px rgba(0,0,0,.4);border-style:solid!important}#eckb-article-page-container-v2 .epkb-doc-search-container .loading-spinner{display:none;position:absolute;border:3px solid #f3f3f3;border-top:4px solid #3498db;border-radius:50%;width:23px;height:23px;animation:spin 1s linear infinite;top:13px;left:9px}@media only screen and (max-width:768px){#eckb-article-page-container-v2 .epkb-doc-search-container .loading-spinner{left:12%}}#eckb-article-page-container-v2 .epkb-doc-search-container #epkb_search_results{text-align:left;background-color:#fff;border:solid 1px #ddd;padding:10px;display:none}@media only screen and (max-width:768px){#eckb-article-page-container-v2 .epkb-doc-search-container #epkb_search_results{width:80%!important;margin:0 auto}}#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search-form-1 input[type=text]{border-radius:5px!important}#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search-form-1 button{border-radius:0 5px 5px 0}@media only screen and (max-width:768px){#eckb-article-page-container-v2 .epkb-doc-search-container .epkb-search-form-1 button{border-radius:5px}}@keyframes spin{0%{transform:rotate(0)}100%{transform:rotate(360deg)}}#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-body{width:100%}#eckb-article-page-container-v2 #eckb-article-widget-sidebar-container.eckb-article-widget-sidebar--default-styles .eckb-article-widget-sidebar-body__widget{margin-bottom:30px;width:100%;font-size:14px}.eckb-front-end-body{overflow:visible}.eckb-front-end-body #page{overflow:visible}.eckb-kb-template{width:100%}.mesmerize-inner-page ul.dropdown-menu>li{color:#fff}.mesmerize-inner-page ul.dropdown-menu.active-line-bottom>li>a,.mesmerize-inner-page ul.dropdown-menu.active-line-bottom>li>a{border-bottom:3px solid transparent}.mesmerize-inner-page ul.dropdown-menu ul{background-color:#fff}.mesmerize-inner-page ul.dropdown-menu ul li{color:#6b7c93}.mesmerize-inner-page .main-menu,.mesmerize-inner-page .main_menu_col{justify-content:flex-end}div.nsl-container .nsl-button{vertical-align:top;border-radius:4px}div.nsl-container .nsl-button-default{color:#fff;display:flex}div.nsl-container .nsl-button-svg-container{flex:0 0 auto;padding:8px;display:flex;align-items:center}div.nsl-container svg{height:24px;width:24px;vertical-align:top}div.nsl-container .nsl-button-default div.nsl-button-label-container{margin:0 24px 0 12px;padding:10px 0;font-family:Helvetica,Arial,sans-serif;font-size:16px;line-height:20px;letter-spacing:.25px;overflow:hidden;text-align:center;text-overflow:clip;white-space:nowrap;flex:1 1 auto;-webkit-font-smoothing:antialiased;-moz-osx-font-smoothing:grayscale;text-transform:none;display:inline-block}.nsl-container{clear:both}.menu-item-178939{left:-50px}.menu-item-178940{left:-50px}.sub-menu{left:-50px}#eckb-article-page-container-v2{width:100%}#eckb-article-page-container-v2 #eckb-article-body{width:1140px}#eckb-article-page-container-v2 #eckb-article-body{grid-template-columns:0 70% 30%}#eckb-article-page-container-v2 #eckb-article-left-sidebar{display:none}#eckb-article-page-container-v2 #eckb-article-content{grid-column-start:1;grid-column-end:3}@media only screen and (max-width:1025px){#eckb-article-page-container-v2{width:100%}#eckb-article-page-container-v2 #eckb-article-body{width:100%}#eckb-article-page-container-v2 #eckb-article-body{grid-template-columns:0 70% 30%}#eckb-article-page-container-v2 #eckb-article-left-sidebar{display:none}#eckb-article-page-container-v2 #eckb-article-content{grid-column-start:1;grid-column-end:3}}#eckb-article-page-container-v2 #eckb-article-left-sidebar{padding:10px;background-color:#fff;margin-top:0}#eckb-article-page-container-v2 #eckb-article-content{padding:20px;background-color:#fff}.eckb-article-content-created-date-container,.eckb-article-content-last-updated-date-container,.eckb-article-content-author-container{color:#b1d5e1;font-size:14px!important}#eckb-article-page-container-v2 #eckb-article-right-sidebar{padding:10px;background-color:#fff;margin-top:0}@media only screen and (max-width:768px){#eckb-article-page-container-v2{width:100%}#eckb-article-page-container-v2 #eckb-article-content{grid-column-start:1;grid-column-end:4}#eckb-article-page-container-v2 #eckb-article-left-sidebar{grid-column-start:1;grid-column-end:4}#eckb-article-page-container-v2 #eckb-article-right-sidebar{grid-column-start:1;grid-column-end:4}#eckb-article-page-container-v2 #eckb-article-body{display:flex;flex-direction:column}#eckb-article-page-container-v2 #eckb-article-left-sidebar{order:3;margin-top:0!important}#eckb-article-page-container-v2 #eckb-article-content{order:2}#eckb-article-page-container-v2 #eckb-article-right-sidebar{order:1;margin-top:0!important}}@media only screen and (min-width:768px){#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 #eckb-article-content-header-row-1,#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 #eckb-article-content-header-row-2,#eckb-article-page-container-v2 #eckb-article-body #eckb-article-content #eckb-article-content-header-v2 #eckb-article-content-header-row-3{flex-direction:row}}#eckb-article-content-header-row-1{margin-bottom:8px}#eckb-article-content-header-row-1 .eckb-article-content-header-row-left-group,#eckb-article-content-header-row-1 .eckb-article-content-header-row-right-group{align-items:center}.eckb-article-content-toolbar-button-container{background-color:#fff;padding:10px;margin:0;border-radius:0;border-width:0;border-color:#fff;border-style:solid}.eckb-article-content-toolbar-button-container .eckb-toolbar-button-text{color:#000;font-size:15px}.eckb-article-content-toolbar-button-container .eckb-toolbar-button-icon{color:#000;font-size:20px}#eckb-article-content-header-row-2{margin-bottom:0}#eckb-article-content-header-row-2 .eckb-article-content-header-row-left-group{align-items:flex-end}#eckb-article-content-header-row-3{margin-bottom:32px}#eckb-article-content-header-row-3 .eckb-article-content-header-row-left-group{align-items:flex-end}
Return on Equity: A Measure of a Company’s Profitability and Shareholder Value | MacroVar
Main Financial terms Return on Equity: A Measure of a Company’s Profitability and Shareholder Value
Return on Equity: A Measure of a Company’s Profitability and Shareholder Value Posted September 12, 2023
Updated September 13, 2023
By macrovar
Return on Equity (ROE) is a financial metric used to measure the profitability and efficiency of a company in generating profits relative to its shareholders’ equity. It provides insight into how effectively a company is utilizing its shareholders’ investments to generate earnings.
Return on equity formula ROE = (Net Income / Shareholders’ Equity) * 100
Where:
Net Income: This is the company’s profit after all expenses, including taxes and interest, have been deducted from its total revenue. Shareholders’ Equity: This represents the ownership interest of the shareholders in the company and is calculated as the company’s total assets minus its total liabilities. ROE is usually expressed as a percentage, and it indicates how much profit a company generates for every dollar of shareholders’ equity invested. In other words, it measures the efficiency with which a company’s management is utilizing the funds provided by its shareholders to generate profits.
A high ROE generally suggests that a company is effectively using its equity to generate returns, which can be favorable for investors. However, a high ROE doesn’t always mean a company is a good investment, as it should be analyzed in the context of the industry, company’s growth stage, and other financial metrics. It’s important to compare ROE across similar companies within the same industry to get a better understanding of a company’s performance relative to its peers.
Conversely, a low or negative ROE might indicate that a company is struggling to generate profits from its equity, which could be a sign of underlying financial issues or inefficiencies.
Keep in mind that ROE is just one of many financial metrics used for analysis, and it should be interpreted along with other relevant factors to make informed investment decisions or assess a company’s financial health.
Get Free Access to MacroVar Analytics
Make the right financial and business decisions based on objective Financial & Economics data analytics to grow and protect wealth.
Welcome to MacroVar the financial analytics platform designed to help you identify trading and investment opportunities using data driven models. MacroVar uses statistical multi-factor models to analyze financial markets to generate automated signals for short-term trading and long-term investing. MacroVar models and the data analysed are transparent for anyone to explore .
×
Get Unlimited access to our database for Free by inviting your friends to MacroVar Help your friends make the right business & financial decisions using free MacroVar analytics. Click here to invite them and get upgraded for free .
×