Return On Equity ratio Analysis of Castle Biosciences Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Very Poor ROE
-19.30
Period Ending - Dec-22
Very Poor ROE
-16.82
Growth
-14.73 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Poor ROE
-7.92
Most recent Quarter ROE
Period Ending - Mar-24
Very Poor ROE
-0.630
ROE Analysis of Castle Biosciences Inc
| ROE Ratio of Castle Biosciences Inc with value of -7.92 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
| ROE Ratio of Castle Biosciences Inc with value of -0.630 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 CSTL has fallen by -14.73 % Compared to previous Financial Year. |
| ROE Ratio with value of 6.20 was highest in Year Dec-19 in last Five Years. |
| ROE Ratio of CSTL trending down for at least three Years. |
| Latest ROE Ratio with value of -19.30 is lower than Average ROE of -8.00 in last five years. |
| ROE of Castle 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 CSTL that may interest you.
Castle Biosciences Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| CSTL | 23.26 | 24.21 | 3.92 % | Diagnostics & Research |
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 Castle Biosciences Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | -19.30 | -16.82 | -7.60 | -2.47 | 6.20 | 0 | 0 |
| Change | -14.73 % | -121.32 % | -207.20 % | -139.90 % |
FY Chart of Return On Equity of Castle Biosciences Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)