Acro Biomedical Co Return on Equity (ROE) Growth & History (ACBM)

Acro Biomedical Co's return on equity was −7,680.26% for fiscal 2023.

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Acro Biomedical Co annual return on equity history

Acro Biomedical Co annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20232023-12-31−7,680.26%−4871.35 pp
20222022-12-31−2,808.91%−1650.98 pp
20212021-12-31−1,157.94%−1142.11 pp
20202020-12-31−15.83%+28.62 pp
2019 · Dec 312019-12-31−44.45%
2019 · Sep 302019-09-30−35.05%−82.91 pp
20182018-09-3047.87%+48.77 pp
20172017-09-30−0.91%+626.58 pp
20162016-09-30−627.48%

Acro Biomedical Co return on equity trends

Between the periods ended 2016-09-30 and 2023-12-31, Acro Biomedical Co's return on equity decreased from −627.48% to −7,680.26%, a change of −7052.78 percentage points. The latest reported quarter, Q4 2023, shows −44.14%.

About the metric

What return on equity (ROE) means

Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.

Calculation and source

How return on equity is calculated

TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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