Trend Innovations Ret. on equity
What is the Ret. on equity of Trend Innovations?
The Ret. on equity of Trend Innovations Holding, Inc. is N/A
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 Trend Innovations do?
Trend Innovations Holding, Inc. intends to operate a Web platform that connects food lovers with culinary craftsmen of their communities. It creates a network between people who cook at home and are willing to sell their meals online and those looking for homemade delicacies. The company was formerly known as FreeCook. Trend Innovations Holding, Inc. was incorporated in 2017 and is based in Vilnius, Lithuania.