Opthea annual return on equity
2020
2021
2022
2023
Opthea Return on Equity (ROE) Growth & History (CKDXF)
Opthea's return on equity was −676.67% for fiscal 2023.
View full Opthea company overviewOpthea annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-06-30 | −676.67% | −575.38 pp |
| 2022 | 2022-06-30 | −101.29% | −50.87 pp |
| 2021 | 2021-06-30 | −50.42% | −16.93 pp |
| 2020 | 2020-06-30 | −33.49% | — |
Opthea return on equity trends
Between the periods ended 2020-06-30 and 2023-06-30, Opthea's return on equity decreased from −33.49% to −676.67%, a change of −643.18 percentage points.
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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