Indiva Ret. on equity
What is the Ret. on equity of Indiva?
The Ret. on equity of Indiva Ltd. is 147,866.67%
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 Health Care sector on TSXV compared to Indiva
What does Indiva do?
Indiva Limited operates as a licensed producer of cannabis products in Canada. It creates premium pre-rolls, flower, capsules, and edible products, as well as provides production and manufacturing services to peer entities. The company produces and distributes the Bhang Chocolate, Wana Sour Gummies, Ruby Cannabis Sugar, Sapphire Cannabis Salt, Artisan Batch, and other powered by INDIVA products through license agreements and partnerships. Indiva Limited is based in Ottawa, Canada.
Companies with ret. on equity similar to Indiva
- HighPoint Resources Corp has Ret. on equity of 24,968.76%
- MAV Beauty Brands has Ret. on equity of 27,267.51%
- WiSA Technologies Inc has Ret. on equity of 41,042.66%
- Pembridge Resources plc has Ret. on equity of 57,166.67%
- Titomic has Ret. on equity of 80,000.00%
- AGBA Acquisition has Ret. on equity of 108,982.87%
- Indiva has Ret. on equity of 147,866.67%