Desktop Metal Ret. on equity
What is the Ret. on equity of Desktop Metal?
The Ret. on equity of Desktop Metal, Inc. is -159.44%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Technology sector on NYSE compared to Desktop Metal
Companies with ret. on equity similar to Desktop Metal
- Anglo African Oil & Gas Plc has Ret. on equity of -160.02%
- Trilogy International Partners has Ret. on equity of -160.02%
- Ceylon Graphite has Ret. on equity of -160.02%
- GSE Systems has Ret. on equity of -160.01%
- Covia has Ret. on equity of -159.65%
- Cann has Ret. on equity of -159.55%
- Desktop Metal has Ret. on equity of -159.44%
- Mainz Biomed B.V. Eo 1 has Ret. on equity of -159.37%
- Carnival International has Ret. on equity of -159.35%
- Medgold Resources has Ret. on equity of -159.23%
- Helios Towers PLC has Ret. on equity of -158.60%
- Cleantek Industries Inc has Ret. on equity of -158.59%
- Raise Production has Ret. on equity of -158.59%