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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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Lipocine Inc. quarterly/annual Return On Equity history and growth rate from 2013 to 2023.
- Lipocine Inc. Return On Equity for the quarter ending September 30, 2024 was -19.2 %, a 65.1% increase year-over-year.
- Lipocine Inc. annual Return On Equity for 2023 was -63.3 %, a 129% decline from 2022.
- Lipocine Inc. annual Return On Equity for 2022 was -27.7 %, a 1606% decline from 2021.
- Lipocine Inc. annual Return On Equity for 2021 was -1.62 %, a 99% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)