Return On Equity ratio Analysis of Artelo Biosciences Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Aug-23
Very Poor ROE
-50.89
Period Ending - Aug-22
Very Poor ROE
-51.97
Growth
2.07 %
Trailing Twelve Months ROE
Period Ending - Aug-23
Very Poor ROE
-67.13
Most recent Quarter ROE
Period Ending - Feb-24
Very Poor ROE
-26.04
ROE Analysis of Artelo Biosciences Inc
| ROE Ratio of Artelo Biosciences Inc with value of -67.13 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
| ROE Ratio of Artelo Biosciences Inc with value of -26.04 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Feb-24. |
| ROE Ratio of ARTL has grown by 2.07 % Compared to previous Financial Year. |
| ROE Ratio of ARTL trending up for at least three Years. |
| ROE Ratio with value of -120.14 was lowest in Year Aug-20 in last Five Years. |
| Latest ROE Ratio with value of -50.89 is Greater than Average ROE of -64.90 in last five years. |
| ROE of Artelo Biosciences 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 ARTL that may interest you.
Artelo Biosciences Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ARTL | 1.37 | 1.33 | 3.01 % | 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 Artelo Biosciences Inc
| Period | Aug-23 | Aug-22 | Aug-21 | Aug-20 | Aug-19 | Aug-18 | Aug-17 |
|---|---|---|---|---|---|---|---|
| ROE | -50.89 | -51.97 | -61.76 | -120.14 | -39.77 | 0 | -43.11 |
| Change | 2.07 % | 15.86 % | 48.59 % | -202.04 % | 0 % |
FY Chart of Return On Equity of Artelo Biosciences Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)