Return On Equity ratio Analysis of argenx NV ADR - Deep Dive
Latest FY ROE
Period Ending - Dec-23
Very Poor ROE
-5.72
Period Ending - Dec-22
Very Poor ROE
-25.22
Growth
77.31 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Poor ROE
-14.56
Most recent Quarter ROE
Period Ending - Mar-24
Very Poor ROE
-1.50
ROE Analysis of argenx NV ADR
ROE Ratio of argenx NV ADR with value of -14.56 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
ROE Ratio of argenx NV ADR with value of -1.50 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Mar-24. |
ROE Ratio of ARGX rose handsomely by 77.31 % this year. |
ROE Ratio with value of -5.72 was highest in Year Dec-23 in last Five Years. |
ROE Ratio with value of -38.77 was lowest in Year Dec-20 in last Five Years. |
Latest ROE Ratio with value of -5.72 is Greater than Average ROE of -20.27 in last five years. |
ROE of argenx NV ADR is negative because of poor net profit in last Financial Year , last Quarter and also in last twelve Months. |
Other ROE Related Info of ARGX that may interest you.
argenx NV ADR Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
ARGX | 371.02 | 362.16 | 2.45 % | 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 argenx NV ADR
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROE | -5.72 | -25.22 | -16.11 | -38.77 | -15.51 | -12.38 | -8.14 |
Change | 77.31 % | -56.54 % | 58.44 % | -149.96 % | -25.30 % | -52.07 % | 75.89 % |
FY Chart of Return On Equity of argenx NV ADR
Note : All Data Generated at the End of Trading Hours (EOD Data)