RedHill Biopharma Return on Equity (ROE) Growth & History (RDHL)

RedHill Biopharma's return on equity was −859.70% for fiscal 2021.

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RedHill Biopharma annual return on equity history

RedHill Biopharma annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20212021-12-31−859.70%−653.46 pp
20202020-12-31−206.25%−130.15 pp
20192019-12-31−76.09%+4.57 pp
20182018-12-31−80.66%+3.86 pp
20172017-12-31−84.52%−36.68 pp
20162016-12-31−47.84%

RedHill Biopharma return on equity trends

Over the last five fiscal years, RedHill Biopharma's return on equity decreased from −47.84% to −859.70%, a change of −811.86 percentage points. The latest reported quarter, Q2 2021, shows −134.06%.

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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