Avidity Biosciences, Inc. Annual Return On Equity in % from 2020 to 2023

Taxonomy & unit
ratio: %
Description
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.
Summary
Avidity Biosciences, Inc. quarterly/annual Return On Equity history and growth rate from 2020 to 2023.
  • Avidity Biosciences, Inc. Return On Equity for the quarter ending June 30, 2024 was -32.9 %, a 11.9% increase year-over-year.
  • Avidity Biosciences, Inc. annual Return On Equity for 2023 was -39.7 %, a 2.65% increase from 2022.
  • Avidity Biosciences, Inc. annual Return On Equity for 2022 was -40.8 %, a 14.7% decline from 2021.
  • Avidity Biosciences, Inc. annual Return On Equity for 2021 was -35.6 %, a 77.6% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -39.7 +1.08 +2.65% Jan 1, 2023 Dec 31, 2023
2022 -40.8 -5.24 -14.7% Jan 1, 2022 Dec 31, 2022
2021 -35.6 -15.5 -77.6% Jan 1, 2021 Dec 31, 2021
2020 -20 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.