Electromedical Technologies Inc
OTC:EMED
ROE
Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.
Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.
Peer Comparison
| Country | Company | Market Cap | ROE | ||
|---|---|---|---|---|---|
| US |
|
Electromedical Technologies Inc
OTC:EMED
|
746.5k USD |
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| US |
|
Abbott Laboratories
NYSE:ABT
|
195.6B USD |
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|
| US |
|
Thermo Fisher Scientific Inc
NYSE:TMO
|
191.7B USD |
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|
| US |
|
Intuitive Surgical Inc
NASDAQ:ISRG
|
178.9B USD |
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|
| IE |
|
Medtronic PLC
NYSE:MDT
|
124.8B USD |
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|
| US |
|
Boston Scientific Corp
NYSE:BSX
|
110.6B USD |
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|
| DE |
|
Siemens Healthineers AG
XETRA:SHL
|
47.2B EUR |
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|
| US |
|
Edwards Lifesciences Corp
NYSE:EW
|
46.3B USD |
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| US |
|
Resmed Inc
NYSE:RMD
|
37.6B USD |
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|
| CN |
|
Shenzhen Mindray Bio-Medical Electronics Co Ltd
SZSE:300760
|
225.2B CNY |
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|
| JP |
|
Fujifilm Holdings Corp
TSE:4901
|
3.6T JPY |
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Market Distribution
| Min | -155 749.7% |
| 30th Percentile | -2% |
| Median | 8.2% |
| 70th Percentile | 15.9% |
| Max | 143 206.7% |
Other Profitability Ratios
Electromedical Technologies Inc
Glance View
Electromedical Technologies, Inc. operates as a bioelectronics manufacturing and marketing company. The company is headquartered in Scottsdale, Arizona. The company went IPO on 2019-06-17. The firm is a developing in the field of electronic medicine, which uses electrical impulses over the body’s neural circuitry to try to alleviate pain, without drugs. The firm offers bioelectronics therapy devices, which send a sequence of electrical signals. The Company’s products include WellnessPro Plus, WellnessPro POD and Wellness ION Pen. The WellnessPro Plus is a bioelectronics therapy prescription device and is used by consumers and health care professionals to relieve chronic and acute pain. The WellnessPro Plus device also generates micro-current stimulation to mimic the body’s own electric signals. The WellnessPro POD is a clinical-grade wearable for pain management. The Wellness ION Pen is an interferential cold laser used to deliver targeted frequency stimulation.
See Also
ROE is calculated by dividing the Net Income by the Avg Total Equity.
The current ROE for Electromedical Technologies Inc is 51.5%, which is below its 3-year median of 127.7%.
Over the last 3 years, Electromedical Technologies Inc’s ROE has decreased from 557.2% to 51.5%. During this period, it reached a low of 46.8% on Jun 30, 2024 and a high of 1 200.4% on Dec 31, 2021.
