Return On Equity ratio Analysis of argenx NV ADR - Deep Dive
WARN : Please note that some of the values may not be in base currency

Latest FY ROE
Period Ending - Dec-23

-5.72


Very Poor ROE
Period Ending - Dec-22
-25.22

Very Poor ROE
Growth
77.31 %
Trailing Twelve Months ROE
Period Ending - Dec-23

-14.56


Very Poor ROE
Most recent Quarter ROE
Period Ending - Mar-24

-1.50


Very Poor ROE
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
CodePricePrevious PricePrice ChangeSector
ARGX371.02362.16 2.45 % Biotechnology
Fundamental AnalysisTechnical Analysis
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 ..
Return On Equity Formula

ROE Related Ratios
ReturnOnAssetNetProfitMargin

Tsr Profitability Index
Poor Profitability Stock
FY - Historical Return On Equity of argenx NV ADR
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
ROE-5.72-25.22-16.11-38.77-15.51-12.38-8.14
Change77.31 %-56.54 %58.44 %-149.96 %-25.30 %-52.07 %75.89 %
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FY Chart of Return On Equity of argenx NV ADR


Note : All Data Generated at the End of Trading Hours (EOD Data)