SPRUCE BIOSCIENCES, INC. Annual Return On Equity in % from 2019 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
Spruce Biosciences, Inc. quarterly/annual Return On Equity history and growth rate from 2019 to 2023.
  • Spruce Biosciences, Inc. Return On Equity for the quarter ending September 30, 2024 was -62.1 %, a 13.3% decline year-over-year.
  • Spruce Biosciences, Inc. annual Return On Equity for 2023 was -52.3 %, a 4.77% increase from 2022.
  • Spruce Biosciences, Inc. annual Return On Equity for 2022 was -54.9 %, a 63% decline from 2021.
  • Spruce Biosciences, Inc. annual Return On Equity for 2021 was -33.7 %, a 94.3% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -52.3 +2.62 +4.77% Jan 1, 2023 Dec 31, 2023
2022 -54.9 -21.2 -63% Jan 1, 2022 Dec 31, 2022
2021 -33.7 +554 +94.3% Jan 1, 2021 Dec 31, 2021
2020 -588 -638 -1281% Jan 1, 2020 Dec 31, 2020
2019 49.8 Jan 1, 2019 Dec 31, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.