Return On Equity ratio Analysis of Coinbase Global Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Very Poor ROE
-11.71
Period Ending - Dec-22
Very Poor ROE
-48.12
Growth
75.67 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Good ROE
21.29
Most recent Quarter ROE
Period Ending - Mar-24
Excellent ROE
14.57
ROE Analysis of Coinbase Global Inc
| ROE Ratio of Coinbase Global Inc with value of 21.29 means its generates profits efficiently by using its Shareholders Fund. |
| ROE Ratio of COIN rose handsomely by 75.67 % this year. |
| ROE Ratio with value of 56.79 was highest in Year Dec-21 in last Five Years. |
| ROE Ratio with value of -48.12 was lowest in Year Dec-22 in last Five Years. |
| Latest ROE Ratio with value of -11.71 is lower than Average ROE of 2.39 in last five years. |
| ROE of Coinbase Global Inc is negative because of poor net profit in FY ended on Dec-23. |
Other ROE Related Info of COIN that may interest you.
Coinbase Global Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| COIN | 225.92 | 234.76 | 3.77 % | Financial Data & Stock Exchanges |
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
| Mild Profitability | |
FY - Historical Return On Equity of Coinbase Global Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 |
|---|---|---|---|---|---|
| ROE | -11.71 | -48.12 | 56.79 | 21.12 | -6.11 |
| Change | 75.67 % | -184.74 % | 168.88 % | 445.51 % |
FY Chart of Return On Equity of Coinbase Global Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)