• Rambus average return on tangible equity for 2023 was 41, a 877.99% decline from 2022.
• Rambus average return on tangible equity for 2022 was -5.27, a 358.26% decline from 2021.
• Rambus average return on tangible equity for 2021 was -1.15, a 80.96% increase from 2020.

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.