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Taxonomy & unit
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ratio: %
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Description
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Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
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Summary
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Adial Pharmaceuticals, Inc. quarterly/annual Return On Equity history and growth rate from 2018 to 2023.
- Adial Pharmaceuticals, Inc. Return On Equity for the quarter ending June 30, 2024 was -291 %, a 25.5% decline year-over-year.
- Adial Pharmaceuticals, Inc. annual Return On Equity for 2023 was -183 %, a 1.54% increase from 2022.
- Adial Pharmaceuticals, Inc. annual Return On Equity for 2022 was -186 %, a 49.3% increase from 2021.
- Adial Pharmaceuticals, Inc. annual Return On Equity for 2021 was -367 %, a 114% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)