Electromedical Technologies, 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
Electromedical Technologies, Inc quarterly/annual Return On Equity history and growth rate from 2019 to 2023.
  • Electromedical Technologies, Inc Return On Equity for the quarter ending June 30, 2024 was 42.7 %, a 79.1% decline year-over-year.
  • Electromedical Technologies, Inc annual Return On Equity for 2023 was 121 %, a 39% decline from 2022.
  • Electromedical Technologies, Inc annual Return On Equity for 2022 was 199 %, a 65.9% decline from 2021.
  • Electromedical Technologies, Inc annual Return On Equity for 2021 was 585 %, a 161% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 121 -77.7 -39% Jan 1, 2023 Dec 31, 2023
2022 199 -385 -65.9% Jan 1, 2022 Dec 31, 2022
2021 585 +361 +161% Jan 1, 2021 Dec 31, 2021
2020 224 +147 +189% Jan 1, 2020 Dec 31, 2020
2019 77.4 Jan 1, 2019 Dec 31, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.