Cyngn Inc. Annual Return On Equity in % from 2020 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
Cyngn Inc. quarterly/annual Return On Equity history and growth rate from 2020 to 2023.
  • 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, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -168 -95.2 -130% Jan 1, 2023 Dec 31, 2023
2022 -73.1 +36.8 +33.5% Jan 1, 2022 Dec 31, 2022
2021 -110 -14.1 -14.7% Jan 1, 2021 Dec 31, 2021
2020 -95.8 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.