Solarvest Bio Ret. on equity
What is the Ret. on equity of Solarvest Bio?
The Ret. on equity of Solarvest BioEnergy, Inc. is 89.88%
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 Industrials sector on TSXV compared to Solarvest Bio
What does Solarvest Bio do?
Solarvest BioEnergy Inc. engages in the development of algal-based production systems to produce natural based green commercial products in Canada and internationally. The company provides human nutrition products, including omega-3; and pharmaceutical ingredients for human health comprising cannabinoids in algae and bone morphogenetic protein for the treatment of repairing bone fractures. It has a collaborative research and development agreement with FSD Pharma Inc. to develop algae-based pharmaceutical grade cannabinoids. The company was incorporated in 2005 and is based in Vancouver, Canada.
Companies with ret. on equity similar to Solarvest Bio
- Biosynex SA has Ret. on equity of 88.86%
- Diamcor Mining has Ret. on equity of 89.38%
- Mountain Crest Acquisition Corp has Ret. on equity of 89.44%
- Babcock & Wilcox Enterprises Inc has Ret. on equity of 89.46%
- Lovisa has Ret. on equity of 89.47%
- Clovis Oncology Dl ,001 has Ret. on equity of 89.61%
- Solarvest Bio has Ret. on equity of 89.88%
- DaVita Inc has Ret. on equity of 90.15%
- Eramet SA has Ret. on equity of 90.29%
- Eramet SA has Ret. on equity of 90.29%
- Eramet SA has Ret. on equity of 90.29%
- MX Gold has Ret. on equity of 90.37%
- Sysco has Ret. on equity of 90.53%