NetMed Ret. on equity
What is the Ret. on equity of NetMed?
The Ret. on equity of NetMed, Inc. is -24.19%
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 Finance sector on OTC compared to NetMed
What does NetMed do?
Netmed, Inc. did not have any significant operations, as of December 31, 2001. It is evaluating other business opportunities, as of that date. Previously, the company was engaged in the research and development activities associated with a proprietary ceramic-based technology for separation of oxygen from ambient air and other gases. The company was founded in 1989 and is based in Columbus, Ohio.
Companies with ret. on equity similar to NetMed
- Jesmond Capital has Ret. on equity of -24.25%
- Lifull Co has Ret. on equity of -24.24%
- Medical Properties Trust Inc has Ret. on equity of -24.21%
- C C Land has Ret. on equity of -24.20%
- Zuari Global has Ret. on equity of -24.20%
- Artemis Alpha Trust plc has Ret. on equity of -24.20%
- NetMed has Ret. on equity of -24.19%
- Pieridae has Ret. on equity of -24.17%
- Pieridae has Ret. on equity of -24.17%
- E3 Lithium Ltd has Ret. on equity of -24.16%
- Amtech Systems has Ret. on equity of -24.16%
- Xenon Pharmaceuticals Inc has Ret. on equity of -24.16%
- PCF plc has Ret. on equity of -24.15%