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Edesa Biotech ROE 2024

Edesa Biotech ROE

-1.19

Edesa Biotech Dividend yield

Ticker

EDSA

ISIN

CA27966L1085

WKN

A2PL1Q

In 2024, Edesa Biotech's return on equity (ROE) was -1.19, a -36.43% increase from the -1.87 ROE in the previous year.

Edesa Biotech Aktienanalyse

What does Edesa Biotech do?

Edesa Biotech Inc is a Canadian-based company that focuses on the development of novel therapeutic drugs. The company was founded in 2015 and has since achieved numerous significant advancements and successes. Edesa Biotech ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Edesa Biotech's Return on Equity (ROE)

Edesa Biotech's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Edesa Biotech's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Edesa Biotech's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Edesa Biotech’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Edesa Biotech Stock

What is the ROE (Return on Equity) of Edesa Biotech this year?

The ROE of Edesa Biotech this year is -1.19 undefined.

How has the Return on Equity (ROE) of Edesa Biotech developed compared to the previous year?

The ROE of Edesa Biotech has increased by -36.43% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Edesa Biotech?

A high ROE indicates that Edesa Biotech generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Edesa Biotech?

A low ROE can indicate that Edesa Biotech is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Edesa Biotech affect the company?

A change in ROE (Return on Equity) of Edesa Biotech can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Edesa Biotech?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Edesa Biotech?

Some factors that can influence Edesa Biotech's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Edesa Biotech pay?

Over the past 12 months, Edesa Biotech paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Edesa Biotech is expected to pay a dividend of 0 USD.

What is the dividend yield of Edesa Biotech?

The current dividend yield of Edesa Biotech is .

When does Edesa Biotech pay dividends?

Edesa Biotech pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Edesa Biotech?

Edesa Biotech paid dividends every year for the past 0 years.

What is the dividend of Edesa Biotech?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Edesa Biotech located?

Edesa Biotech is assigned to the 'Health' sector.

Wann musste ich die Aktien von Edesa Biotech kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Edesa Biotech from 5/21/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/21/2024.

When did Edesa Biotech pay the last dividend?

The last dividend was paid out on 5/21/2024.

What was the dividend of Edesa Biotech in the year 2023?

In the year 2023, Edesa Biotech distributed 0 USD as dividends.

In which currency does Edesa Biotech pay out the dividend?

The dividends of Edesa Biotech are distributed in USD.

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Andere Kennzahlen von Edesa Biotech

Our stock analysis for Edesa Biotech Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Edesa Biotech Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.