DropCar Ret. on equity

What is the Ret. on equity of DropCar?

The Ret. on equity of DropCar, Inc. is -123.44%

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.

What does DropCar do?

DropCar, Inc. operates as a cloud-based vehicle support platform and mobile app. It helps consumers and automotive-related companies reduce the cost, hassles and inefficiencies of owning a car, or fleet of cars, in urban centers. The company was founded by Michael Spencer Richardson and David Brian Newman in September 2014 and is headquartered in New York, NY.

Companies with ret. on equity similar to DropCar

Amicus Therapeutics has Ret. on equity of -123.94%
Semileds Corp has Ret. on equity of -123.82%
Elsight has Ret. on equity of -123.68%
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%