Return On Equity ratio Analysis of Meta Materials Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Very Poor ROE
-1532.90
Period Ending - Dec-22
Very Poor ROE
-20895.33
Growth
92.66 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Poor ROE
-318.93
Most recent Quarter ROE
Period Ending - Mar-24
Very Poor ROE
-40.95
ROE Analysis of Meta Materials Inc
| ROE Ratio of Meta Materials Inc with value of -318.93 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
| ROE Ratio of Meta Materials Inc with value of -40.95 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 MMAT rose handsomely by 92.66 % this year. |
| ROE Ratio with value of 0 was highest in Year Dec-20 in last Five Years. |
| ROE Ratio with value of -27696.19 was lowest in Year Dec-21 in last Five Years. |
| Latest ROE Ratio with value of -1532.90 is Greater than Average ROE of -10036.09 in last five years. |
| ROE of Meta Materials 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 MMAT that may interest you.
Meta Materials Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| MMAT | 0.0001 | 0 | % | Electronic Components |
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 Meta Materials Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | -1532.90 | -20895.33 | -27696.19 | 0 | -56.05 | -35.04 | 11.67 |
| Change | 92.66 % | 24.56 % | 0 % | -59.97 % | -400.31 % | 110.37 % |
FY Chart of Return On Equity of Meta Materials Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)