Arena Pharmaceuticals Inc Ret. on equity

What is the Ret. on equity of Arena Pharmaceuticals Inc?

The Ret. on equity of Arena Pharmaceuticals Inc is -70.30%

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 Arena Pharmaceuticals Inc

What does Arena Pharmaceuticals Inc do?

Arena Pharmaceuticals, Inc. is a biopharmaceutical company founded in 1997 and located in San Diego, California. The company has small molecule drugs in development for possible clinical utility in multiple therapeutic areas

Companies with ret. on equity similar to Arena Pharmaceuticals Inc

American Well Corp has Ret. on equity of -70.62%
Gold X Mining has Ret. on equity of -70.57%
Superior Gold has Ret. on equity of -70.55%
New Placer Dome Gold has Ret. on equity of -70.45%
China 33 Media has Ret. on equity of -70.44%
Carbonxt has Ret. on equity of -70.30%
Arena Pharmaceuticals Inc has Ret. on equity of -70.30%
Cann Global has Ret. on equity of -70.28%
Painted Pony has Ret. on equity of -70.24%
Painted Pony has Ret. on equity of -70.24%
OzAurum Resources has Ret. on equity of -70.20%
Pacton Gold has Ret. on equity of -70.18%
Pensionbee PLC has Ret. on equity of -70.14%