Kyntra Bio Return on Equity (ROE) Growth & History (KYNB)

Kyntra Bio's return on equity was −312.90% for fiscal 2022.

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Kyntra Bio annual return on equity history

Kyntra Bio annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20222022-12-31−312.90%−221.02 pp
20212021-12-31−91.88%−51.53 pp
20202020-12-31−40.35%−25.33 pp
20192019-12-31−15.01%+1.64 pp
20182018-12-31−16.66%+18.67 pp
20172017-12-31−35.33%−0.49 pp
20162016-12-31−34.83%+8.17 pp
20152015-12-31−43.00%+31.11 pp
20142014-12-31−74.12%

Kyntra Bio return on equity trends

Over the last five fiscal years, Kyntra Bio's return on equity decreased from −35.33% to −312.90%, a change of −277.57 percentage points. The latest reported quarter, Q4 2022, shows −2,723.81%.

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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