Return On Equity ratio Analysis of Acasti Pharma Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Mar-23
Very Poor ROE
-62.44
Period Ending - Mar-22
Very Poor ROE
-9.07
Growth
-588.47 %
Trailing Twelve Months ROE
Period Ending - Mar-23
Very Poor ROE
-54.86
Most recent Quarter ROE
Period Ending - Dec-23
Very Poor ROE
-3.70
ROE Analysis of Acasti Pharma Inc
| ROE Ratio of Acasti Pharma Inc with value of -54.86 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
| ROE Ratio of Acasti Pharma Inc with value of -3.70 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Dec-23. |
| ROE Ratio of ACST drastically fell by -588.47 % this year. |
| ROE Ratio with value of -9.07 was highest in Year Mar-22 in last Five Years. |
| ROE Ratio with value of -419.45 was lowest in Year Mar-19 in last Five Years. |
| Latest ROE Ratio with value of -62.44 is Greater than Average ROE of -149.42 in last five years. |
| ROE of Acasti Pharma Inc is negative because of poor net profit in last Financial Year , last Quarter and also in last twelve Months. |
Other ROE Related Info of ACST that may interest you.
Acasti Pharma Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ACST | 2.69 | 2.7599 | 2.53 % | Biotechnology |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Poor Profitability Stock | |
FY - Historical Return On Equity of Acasti Pharma Inc
| Period | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|
| ROE | -62.44 | -9.07 | -51.17 | -204.95 | -419.45 | -266.05 | -51.82 |
| Change | -588.47 % | 82.28 % | 75.03 % | 51.14 % | -57.66 % | -413.39 % | -356.02 % |
FY Chart of Return On Equity of Acasti Pharma Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)