TraceSafe Ret. on equity
What is the Ret. on equity of TraceSafe?
The Ret. on equity of TraceSafe Inc. is -375.74%
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 OTC compared to TraceSafe
What does TraceSafe do?
TraceSafe Inc. provides a suite of real-time location management services and contact tracing solutions enabled through Bluetooth beacons and enterprise cloud management in the British Virgin Islands, Japan, and internationally. Its cloud management solution ensures user privacy and administrative control. The company's patented contact tracing bracelet deploys in mission-critical quarantine applications in partnership with governments. It also engages in the development of solutions for enterprise, healthcare, education, government, and large-scale venue management. The company was formerly known as Blockchain Holdings Ltd. and changed its name to TraceSafe Inc. in June 2020. TraceSafe Inc. is headquartered in Road Town, the British Virgin Islands.
Companies with ret. on equity similar to TraceSafe
- Elcora Advanced Materials has Ret. on equity of -382.22%
- Principal Technolgies Inc has Ret. on equity of -379.99%
- Delcath Systems has Ret. on equity of -379.90%
- Acutus Medical has Ret. on equity of -379.70%
- AL has Ret. on equity of -378.80%
- AMCO United has Ret. on equity of -376.27%
- TraceSafe has Ret. on equity of -375.74%
- Mkango Resources has Ret. on equity of -375.15%
- AIML Resources has Ret. on equity of -373.98%
- Blue Sky Uranium has Ret. on equity of -373.63%
- Crossword Cybersecurity Plc has Ret. on equity of -373.37%
- BSA has Ret. on equity of -373.33%
- Blueone Card Inc has Ret. on equity of -372.01%