CNBX Pharmaceuticals Return on Equity (ROE) Growth & History (CNBX)

CNBX Pharmaceuticals's return on equity was −216.58% for fiscal 2022.

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CNBX Pharmaceuticals annual return on equity history

CNBX Pharmaceuticals annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20222022-08-31−216.58%−37.64 pp
20212021-08-31−178.94%−88.47 pp
20202020-08-31−90.47%−103.50 pp
20192019-08-3113.03%
20112011-08-31−1,699.29%−1601.40 pp
20102010-08-31−97.89%−48.44 pp
20092009-08-31−49.45%−40.40 pp
20082008-08-31−9.04%+1.01 pp
20072007-08-31−10.05%+17.92 pp
20062006-08-31−27.97%

CNBX Pharmaceuticals return on equity trends

Between the periods ended 2006-08-31 and 2022-08-31, CNBX Pharmaceuticals's return on equity decreased from −27.97% to −216.58%, a change of −188.61 percentage points. The latest reported quarter, Q4 2022, shows −213.29%.

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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