Can B Return on Equity (ROE) Growth & History (NASC)
Can B's return on equity was −2,317.53% for fiscal 2023.
View full Can B company overviewCan B annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | −2,317.53% | −1958.66 pp |
| 2022 | 2022-12-31 | −358.86% | −15.85 pp |
| 2021 | 2021-12-31 | −343.02% | −124.47 pp |
| 2020 | 2020-12-31 | −218.54% | −102.14 pp |
| 2019 | 2019-12-31 | −116.40% | +351.17 pp |
| 2018 | 2018-12-31 | −467.57% | — |
Can B quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q3 2023 | 2023-09-30 | −1,075.65% | −939.58 pp |
| Q2 2023 | 2023-06-30 | −134.72% | −107.03 pp |
| Q1 2023 | 2023-03-31 | −67.51% | −8.78 pp |
| Q4 2022 | 2022-12-31 | −80.63% | +4.42 pp |
| Q3 2022 | 2022-09-30 | −136.07% | −6.83 pp |
| Q2 2022 | 2022-06-30 | −27.69% | +106.61 pp |
| Q1 2022 | 2022-03-31 | −58.73% | +40.82 pp |
| Q4 2021 | 2021-12-31 | −85.05% | +114.88 pp |
| Q3 2021 | 2021-09-30 | −129.24% | −101.05 pp |
| Q2 2021 | 2021-06-30 | −134.30% | −111.09 pp |
| Q1 2021 | 2021-03-31 | −99.54% | −81.12 pp |
| Q4 2020 | 2020-12-31 | −199.94% | −164.15 pp |
| Q3 2020 | 2020-09-30 | −28.18% | −13.54 pp |
| Q2 2020 | 2020-06-30 | −23.21% | +4.01 pp |
| Q1 2020 | 2020-03-31 | −18.43% | +12.09 pp |
| Q4 2019 | 2019-12-31 | −35.79% | −65.49 pp |
| Q3 2019 | 2019-09-30 | −14.65% | +1254.13 pp |
| Q2 2019 | 2019-06-30 | −27.22% | +291.72 pp |
| Q1 2019 | 2019-03-31 | −30.52% | — |
| Q4 2018 | 2018-12-31 | 29.70% | — |
| Q3 2018 | 2018-09-30 | −1,268.78% | — |
| Q2 2018 | 2018-06-30 | −318.94% | — |
Can B return on equity trends
Over the last five fiscal years, Can B's return on equity decreased from −467.57% to −2,317.53%, a change of −1849.95 percentage points. The latest reported quarter, Q3 2023, shows −1,075.65%.
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.
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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