Return On Equity ratio Analysis of Pine Technology Acq Corp. - Deep Dive
Latest FY ROE
Period Ending - Dec-21
Very Poor ROE
-0.536
Period Ending - Dec-20
Very Poor ROE
-8.41
Growth
93.62 %
Trailing Twelve Months ROE
Period Ending - Dec-21
Very Good ROE
30.51
Most recent Quarter ROE
Period Ending - Sep-22
Poor ROE
0
ROE Analysis of Pine Technology Acq Corp.
ROE Ratio of Pine Technology Acq Corp. with value of 30.51 means its generates profits efficiently by using its Shareholders Fund. |
ROE Ratio of PTOC rose handsomely by 93.62 % this year. |
ROE of Pine Technology Acq Corp. is negative because of poor net profit in FY ended on Dec-21. |
Other ROE Related Info of PTOC that may interest you.
Pine Technology Acq Corp. Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
PTOC | 10.17 | 10.14 | 0.296 % | Shell Companies |
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 ..![Return On Equity Formula Return On Equity Formula](https://my.stockaio.com/help/template/FinDef/ProfitabilityRatios/ROERatio.jpg)
ROE Related Ratios
ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
Poor Profitability Stock |
FY - Historical Return On Equity of Pine Technology Acq Corp.
Period | Dec-21 | Dec-20 |
---|---|---|
ROE | -0.536 | -8.41 |
Change | 93.62 % |
FY Chart of Return On Equity of Pine Technology Acq Corp.
Note : All Data Generated at the End of Trading Hours (EOD Data)