Return On Equity ratio Analysis of Cardio Diagnostics HLDG WT - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Very Poor ROE
-316.62
Period Ending - Dec-22
Very Poor ROE
-108.35
Growth
-192.21 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Poor ROE
-300.43
Most recent Quarter ROE
Period Ending - Mar-24
Very Poor ROE
-46.95
ROE Analysis of Cardio Diagnostics HLDG WT
| ROE Ratio of Cardio Diagnostics HLDG WT with value of -300.43 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
| ROE Ratio of Cardio Diagnostics HLDG WT with value of -46.95 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 CDIOW drastically fell by -192.21 % this year. |
| ROE of Cardio Diagnostics HLDG WT is negative because of poor net profit in last Financial Year , last Quarter and also in last twelve Months. |
Other ROE Related Info of CDIOW that may interest you.
Cardio Diagnostics HLDG WT Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| CDIOW | 0.0551 | 0.07 | 21.29 % | 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 Cardio Diagnostics HLDG WT
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 |
|---|---|---|---|---|
| ROE | -316.62 | -108.35 | -58.09 | -1002.51 |
| Change | -192.21 % | -86.53 % | 94.21 % |
FY Chart of Return On Equity of Cardio Diagnostics HLDG WT
Note : All Data Generated at the End of Trading Hours (EOD Data)