Quest Water Global Ret. on equity
What is the Ret. on equity of Quest Water Global?
The Ret. on equity of Quest Water Global, Inc. is 37.04%
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 Industrials sector on OTC compared to Quest Water Global
What does Quest Water Global do?
Quest Water Global, Inc. operates as a water technology company in Canada. It provides solutions that address the shortage of clean water in water scarce and developing regions. The company develops AQUAtap, a proprietary community drinking water system that is a self-contained water purification system; and WEPS, a unique, proprietary water extraction and purification system that produces clean drinking water from humidity in the atmosphere. Quest Water Global, Inc. was incorporated in 2010 and is based in North Vancouver, Canada.
Companies with ret. on equity similar to Quest Water Global
- TUI AG has Ret. on equity of 36.93%
- ContourGlobal Plc has Ret. on equity of 36.96%
- Taiwan Semiconductor Manufacturing has Ret. on equity of 36.96%
- Kerala Ayurveda has Ret. on equity of 37.01%
- Hargreaves Lansdown Plc has Ret. on equity of 37.02%
- Eagle Materials has Ret. on equity of 37.03%
- Quest Water Global has Ret. on equity of 37.04%
- NewMarket has Ret. on equity of 37.06%
- Gresham House Strategic Plc has Ret. on equity of 37.09%
- Teamway International has Ret. on equity of 37.10%
- Vermilion Inc has Ret. on equity of 37.16%
- Qualcomm has Ret. on equity of 37.16%
- SHAPE Australia Corp Ltd has Ret. on equity of 37.20%