Cyngn Inc. Quarterly Return On Equity in % from Q4 2021 to Q3 2024
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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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Cyngn Inc. quarterly/annual Return On Equity history and growth rate from Q4 2021 to Q3 2024.
- Cyngn Inc. Return On Equity for the quarter ending September 30, 2024 was -258 %, a 90% decline year-over-year.
- Cyngn Inc. annual Return On Equity for 2023 was -168 %, a 130% decline from 2022.
- Cyngn Inc. annual Return On Equity for 2022 was -73.1 %, a 33.5% increase from 2021.
- Cyngn Inc. annual Return On Equity for 2021 was -110 %, a 14.7% decline from 2020.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)