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 overview

Can B annual return on equity history

Can B annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20232023-12-31−2,317.53%−1958.66 pp
20222022-12-31−358.86%−15.85 pp
20212021-12-31−343.02%−124.47 pp
20202020-12-31−218.54%−102.14 pp
20192019-12-31−116.40%+351.17 pp
20182018-12-31−467.57%

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%.

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.

Review Can B source filings ↗

Community posts

It’s quiet here.

No posts about NASC yet. Start the conversation.

Write the first post