Unity Software Ret. on equity
What is the Ret. on equity of Unity Software?
The Ret. on equity of Unity Software Inc. is -24.81%
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 Technology sector on NYSE compared to Unity Software
What does Unity Software do?
Unity Software Inc. operates a real-time 3D development platform. Its platform provides software solutions to create, run, and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The company offers its solutions directly through its online store and field sales operations in North America, Denmark, Finland, the United Kingdom, Germany, Japan, China, Singapore, and South Korea, as well as indirectly through independent distributors and resellers worldwide. The company was founded in 2004 and is headquartered in San Francisco, California.
Companies with ret. on equity similar to Unity Software
- 1Life Healthcare has Ret. on equity of -24.86%
- Far East Gold has Ret. on equity of -24.85%
- Scottish Mortgage Investment Trust PLC has Ret. on equity of -24.85%
- Scottish Mortgage Investment Trust Plc has Ret. on equity of -24.85%
- Goal Rise Logistics (China) has Ret. on equity of -24.83%
- Gujarat Poly Electronics has Ret. on equity of -24.81%
- Unity Software has Ret. on equity of -24.81%
- North Atlantic Smaller Cos Investment Trust Plc has Ret. on equity of -24.80%
- Icon Culture Global has Ret. on equity of -24.78%
- Taronis Fuels has Ret. on equity of -24.75%
- Evans Dixon has Ret. on equity of -24.74%
- Metallica Metals has Ret. on equity of -24.73%
- Endurance Gold has Ret. on equity of -24.72%