Interpace Biosciences Inc Ret. on equity
What is the Ret. on equity of Interpace Biosciences Inc?
The Ret. on equity of Interpace Biosciences Inc is 2.64%
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 Health Care sector on NASDAQ compared to Interpace Biosciences Inc
What does Interpace Biosciences Inc do?
advancing patient care through molecular diagnostic testing. interpace diagnostics develops molecular diagnostic tests. our molecular diagnostic tests provide unparalleled accuracy and clarity to improve outcomes in patients facing a cancer diagnosis. you can be assured that all of the molecular tests we offer are driven by rigorous, validated science. we power the future of molecular diagnostics, delivering cutting-edge and much-needed mutational analysis that helps risk-stratify for thyroid, pancreatic, and other cancers to better inform treatment decisions. the unique molecular diagnostic tests we offer enable healthcare providers to avoid unnecessary surgeries and better assess the risk of cancer progression in their patients.
Companies with ret. on equity similar to Interpace Biosciences Inc
- BAIC Motor has Ret. on equity of 2.63%
- Zenith Fibres has Ret. on equity of 2.63%
- Changan Minsheng APLL Logistics Co has Ret. on equity of 2.63%
- Goldlion has Ret. on equity of 2.64%
- Mahalaxmi Rubtech has Ret. on equity of 2.64%
- Vitru Ltd has Ret. on equity of 2.64%
- Interpace Biosciences Inc has Ret. on equity of 2.64%
- Oaktree Strategic Income Corp has Ret. on equity of 2.64%
- Proficient Alpha Acquisition has Ret. on equity of 2.65%
- GB Plc has Ret. on equity of 2.65%
- Knosys has Ret. on equity of 2.65%
- Loyal Textile Mills has Ret. on equity of 2.65%
- Genting Bhd has Ret. on equity of 2.65%