FluroTech Ret. on equity
What is the Ret. on equity of FluroTech?
The Ret. on equity of FluroTech Ltd. is -191.40%
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 TSXV compared to FluroTech
What does FluroTech do?
FluroTech Ltd., a technology and marketing company, focuses on the commercialization of various technologies in the pandemic defense sector. It provides a pandemic defense platform, a saliva-based antigen test that targets active infections evidenced by the presence of live viral particles. The company is headquartered in Calgary, Canada.
Companies with ret. on equity similar to FluroTech
- Canopy Growth has Ret. on equity of -192.43%
- Hycroft Mining has Ret. on equity of -192.29%
- Revolve Renewable Power Corp has Ret. on equity of -192.27%
- GeNeuro SA has Ret. on equity of -192.10%
- Cipherloc has Ret. on equity of -191.99%
- Hazer has Ret. on equity of -191.46%
- FluroTech has Ret. on equity of -191.40%
- WMCH Global Investment has Ret. on equity of -191.28%
- San Marco Resources has Ret. on equity of -191.26%
- Sincere Watch (Hong Kong) has Ret. on equity of -190.70%
- China LotSynergy has Ret. on equity of -190.42%
- Intelicare has Ret. on equity of -190.35%
- ForeScout Technologies Inc has Ret. on equity of -190.07%