Shopify Ret. on equity
What is the Ret. on equity of Shopify?
The Ret. on equity of Shopify Inc. is -33.48%
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 Miscellaneous sector on LSE compared to Shopify
What does Shopify do?
Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, the United Kingdom, Australia, Latin America, and internationally. The company's platform provides merchants to run their business in various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, and access financing. It also sells custom themes and apps, and registration of domain names. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.
Companies with ret. on equity similar to Shopify
- China Education Resources has Ret. on equity of -33.58%
- CRH Medical has Ret. on equity of -33.57%
- Marenica has Ret. on equity of -33.55%
- Sherborne Investors (Guernsey) B has Ret. on equity of -33.53%
- Bio-Thera Solutions has Ret. on equity of -33.52%
- Fission 3.0 has Ret. on equity of -33.49%
- Shopify has Ret. on equity of -33.48%
- Western Exploration Inc has Ret. on equity of -33.47%
- Mercer International has Ret. on equity of -33.44%
- Risanamento SpA has Ret. on equity of -33.42%
- Beston Global Food has Ret. on equity of -33.41%
- Smooth Rock Ventures has Ret. on equity of -33.40%
- Ovid Therapeutics Inc has Ret. on equity of -33.40%