Acasti Pharma Inc Ret. on equity
What is the Ret. on equity of Acasti Pharma Inc?
The Ret. on equity of Acasti Pharma Inc is -16.17%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Health Care sector on NASDAQ compared to Acasti Pharma Inc
What does Acasti Pharma Inc do?
acasti pharma, inc., a subsiduary of neptune technologies & bioressources, is a quebec-based biopharmaceutical dedicated in advancing a proprietary portfolio based on marine phospholipids. our products can be used in prescription, medical food and over-the-counter applications, either as a stand-alone, or, as a fixed-dose combination to exisitng productrs, for the prevention and treatment of cardiometabolic disorders.
Companies with ret. on equity similar to Acasti Pharma Inc
- Lottery.com Inc has Ret. on equity of -16.18%
- Trident Acquisitions has Ret. on equity of -16.18%
- Wisr has Ret. on equity of -16.17%
- Real has Ret. on equity of -16.17%
- Strata-X has Ret. on equity of -16.17%
- Strata-X has Ret. on equity of -16.17%
- Acasti Pharma Inc has Ret. on equity of -16.17%
- Cervantes has Ret. on equity of -16.17%
- O-I Glass Inc has Ret. on equity of -16.16%
- Silver Tide has Ret. on equity of -16.15%
- BlackRock New York Municipal Income Trust has Ret. on equity of -16.14%
- BlackRock Duration Income Trust has Ret. on equity of -16.13%
- Medigus has Ret. on equity of -16.12%