Galecto, Inc. Annual Return On Equity in % from 2020 to 2023

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Galecto, Inc. quarterly/annual Return On Equity history and growth rate from 2020 to 2023.
  • Galecto, Inc. Return On Equity for the quarter ending June 30, 2024 was -83.7 %, a 7.18% increase year-over-year.
  • Galecto, Inc. annual Return On Equity for 2023 was -93.7 %, a 21.9% decline from 2022.
  • Galecto, Inc. annual Return On Equity for 2022 was -76.8 %, a 101% decline from 2021.
  • Galecto, Inc. annual Return On Equity for 2021 was -38.3 %, a 124% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -93.7 -16.9 -21.9% Jan 1, 2023 Dec 31, 2023
2022 -76.8 -38.6 -101% Jan 1, 2022 Dec 31, 2022
2021 -38.3 -201 -124% Jan 1, 2021 Dec 31, 2021
2020 162 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.