Akoustis Technologies Inc Ret. on equity
What is the Ret. on equity of Akoustis Technologies Inc?
The Ret. on equity of Akoustis Technologies Inc is -123.21%
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 Akoustis Technologies Inc
What does Akoustis Technologies Inc do?
founded in 2014 by experienced industry leaders and scientists from university of california at santa barbara (ucsb) and cornell university, akoustis’ mission is to commercialize and manufacture its patent-pending bulk one™ acoustic wave technology to address the critical frequency-selectivity requirements in today’s mobile smartphones – improving the efficiency and signal quality of mobile wireless devices and enabling the internet of things. the bulk acoustic wave (baw) filter market is rapidly expanding, driven by growth in 4g/lte and the number of filters required per device. nearly 2 billion mobile phones are manufactured per year, and over half are in the growing segment of high-end smartphones. because these smartphones need to operate globally, on more than one carrier, and with bands that are becoming ever-closer together, the need for higher-performance filters is upon us to ensure mobile compatibility. 4g/lte networks are driving the need for higher frequencies, and traditio
Companies with ret. on equity similar to Akoustis Technologies Inc
- Environmental Clean Technologies has Ret. on equity of -123.66%
- Tenax Therapeutics Inc has Ret. on equity of -123.59%
- 2760 has Ret. on equity of -123.53%
- DropCar has Ret. on equity of -123.44%
- KORE Mining has Ret. on equity of -123.41%
- Sintana has Ret. on equity of -123.24%
- Akoustis Technologies Inc has Ret. on equity of -123.21%
- Professional Diversity Network has Ret. on equity of -123.17%
- Stobart has Ret. on equity of -123.08%
- KWG Property has Ret. on equity of -122.89%
- Tilray has Ret. on equity of -122.88%
- Novo Integrated Sciences has Ret. on equity of -122.68%
- Innovation Pharmaceuticals has Ret. on equity of -122.67%