Nuvalent Return On Tangible Equity 2021-2025 | NUVL
- Nuvalent average return on tangible equity for 2024 was -28.33, a 9.81% increase from 2023.
- Nuvalent average return on tangible equity for 2023 was -25.8, a 1.94% increase from 2022.
- Nuvalent average return on tangible equity for 2022 was -25.31, a 14.87% increase from 2021.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.