Return On Equity ratio Analysis of Zymeworks Inc. Common Stock - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Poor ROE
0.0442
Period Ending - Dec-22
Very Good ROE
25.22
Growth
-99.82 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Poor ROE
-33.85
Most recent Quarter ROE
Period Ending - Mar-24
Very Poor ROE
-7.23
ROE Analysis of Zymeworks Inc. Common Stock
| ROE Ratio of Zymeworks Inc. Common Stock with value of -33.85 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
| ROE Ratio of Zymeworks Inc. Common Stock with value of -7.23 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 ZYME drastically fell by -99.82 % this year. |
| ROE Ratio with value of 25.22 was highest in Year Dec-22 in last Five Years. |
| ROE Ratio with value of -85.05 was lowest in Year Dec-21 in last Five Years. |
| Latest ROE Ratio with value of 0.0442 is Greater than Average ROE of -32.60 in last five years. |
| ROE of Zymeworks Inc. Common Stock is negative because of poor net profit in Trailing Twelve Months ended on Mar-24. |
Other ROE Related Info of ZYME that may interest you.
Zymeworks Inc. Common Stock Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ZYME | 8.54 | 9.04 | 5.53 % | 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 Zymeworks Inc. Common Stock
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | 0.0442 | 25.22 | -85.05 | -44.05 | -59.20 | -20.25 | -8.94 |
| Change | -99.82 % | 129.66 % | -93.09 % | 25.60 % | -192.28 % | -126.61 % | 97.62 % |
FY Chart of Return On Equity of Zymeworks Inc. Common Stock
Note : All Data Generated at the End of Trading Hours (EOD Data)