Well if you're an American that partially explains why American banks are having so many problems and the housing market is in such a mess. It must be your job to explain that the billions in bank losses are really profits, huh?
No actually, explaining that is not in my job description, nor was the housing crisis, personally my fault... such a lame attack.
Yes, if you had any experience in economics or banking you could.
Weren't the banks involved in this at all?
And you're an American??
I just see lame attacks, and I think it's funny you pronounce superior knowledge in economics than me, and you didn't even attempt to explain how a company experiencing losses means it is not profitable, especially while it's experiencing growth.
What Does Profitability Ratios Mean?
A class of financial metrics that are used to assess a business's ability to generate earnings as compared to its expenses and other relevant costs incurred during a specific period of time. For most of these ratios, having a higher value relative to a competitor's ratio or the same ratio from a previous period is indicative that the company is doing well.
Investopedia explains Profitability Ratios
Some examples of profitability ratios are profit margin, return on assets and return on equity. It is important to note that a little bit of background knowledge is necessary in order to make relevant comparisons when analyzing these ratios.
For instances, some industries experience seasonality in their operations. The retail industry, for example, typically experiences higher revenues and earnings for the Christmas season. Therefore, it would not be too useful to compare a retailer's fourth-quarter profit margin with its first-quarter profit margin. On the other hand, comparing a retailer's fourth-quarter profit margin with the profit margin from the same period a year before would be far more informative.
Profitability Ratios Definition
None of those financial ratios measure losses... profitability is a long term measure
If you think you know more than me, then at least attempt to debate it instead of these lame attacks.