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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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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 September 30, 2024 was 48.1 %, a 69% 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 (%)