FSD Pharma Inc Ret. on equity
What is the Ret. on equity of FSD Pharma Inc?
The Ret. on equity of FSD Pharma Inc is -49.98%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Technology sector on NASDAQ compared to FSD Pharma Inc
What does FSD Pharma Inc do?
fsd pharma inc., through its subsidiary, fv pharma inc., produces medical cannabis in canada. the company focuses on the development of indoor grown pharmaceutical grade cannabis; and research and development of various cannabinoid-based treatments for central nervous system disorders and autoimmune diseases of the skin, gi tract, and musculoskeletal system, such as chronic pain. fsd pharma inc. has strategic alliance agreements with scicann therapeutics inc., canntab therapeutics, and solarvest bioenergy inc. the company was founded in 1998 and is headquartered in toronto, canada.
Companies with ret. on equity similar to FSD Pharma Inc
- Montanaro European Smaller Cos Trust Plc has Ret. on equity of -50.08%
- Vipul has Ret. on equity of -50.07%
- Earthworks Industries has Ret. on equity of -50.05%
- Iconic Minerals has Ret. on equity of -50.00%
- Sonim Technologies Inc has Ret. on equity of -50.00%
- Sprout Social has Ret. on equity of -49.99%
- FSD Pharma Inc has Ret. on equity of -49.98%
- Rollatainers has Ret. on equity of -49.93%
- Trevi Therapeutics has Ret. on equity of -49.92%
- NV Gold has Ret. on equity of -49.89%
- Sunlink Health Systems Inc has Ret. on equity of -49.85%
- B. Riley Inc has Ret. on equity of -49.77%
- Metal Bank has Ret. on equity of -49.77%