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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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Co-Diagnostics, Inc. quarterly/annual Return On Equity history and growth rate from Q1 2018 to Q3 2024.
- Co-Diagnostics, Inc. Return On Equity for the quarter ending September 30, 2024 was -55 %, a 38.1% decline year-over-year.
- Co-Diagnostics, Inc. annual Return On Equity for 2023 was -35.4 %, a 236% decline from 2022.
- Co-Diagnostics, Inc. annual Return On Equity for 2022 was -10.5 %, a 129% decline from 2021.
- Co-Diagnostics, Inc. annual Return On Equity for 2021 was 36.8 %, a 62.2% decline from 2020.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)