Return On Equity of TEL INSTRUMENT ELECTRONICS CORP from 31 Dec 2018 to 31 Mar 2024
- 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
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TEL INSTRUMENT ELECTRONICS CORP annual and quarterly Return On Equity in % history and change rate from 31 Dec 2018 to 31 Mar 2024.
- TEL INSTRUMENT ELECTRONICS CORP Return On Equity for the quarter ending 30 Jun 2023 was 2.4%, a 69% decline year-over-year.
- TEL INSTRUMENT ELECTRONICS CORP annual Return On Equity for 2023 was 6%.
- TEL INSTRUMENT ELECTRONICS CORP annual Return On Equity for 2022 was -6.1%, a 124% decline from 2021.
- TEL INSTRUMENT ELECTRONICS CORP annual Return On Equity for 2021 was 25%, a 23% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Change (%)
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Change (%)
TEL INSTRUMENT ELECTRONICS CORP Annual Return On Equity (%)
| Period | Value | YoY Chg | Change % | Start Date | End Date |
|---|---|---|---|---|---|
| 2023 | 6% | +12% | 01 Apr 2023 | 31 Mar 2024 | |
| 2022 | -6.1% | -32% | -124% | 01 Apr 2022 | 31 Mar 2023 |
| 2021 | 25% | -7.8% | -23% | 01 Apr 2021 | 31 Mar 2022 |
| 2020 | 33% | +417% | 01 Apr 2020 | 31 Mar 2021 | |
| 2019 | -383% | 01 Apr 2019 | 31 Mar 2020 |
TEL INSTRUMENT ELECTRONICS CORP Quarterly Return On Equity (%)
| Period | Value | YoY Chg | Change % | Start Date | End Date |
|---|---|---|---|---|---|
| Q2 2023 | 2.4% | -5.4% | -69% | 01 Apr 2023 | 30 Jun 2023 |
| Q1 2023 | -6.8% | -27% | -133% | 01 Jan 2023 | 31 Mar 2023 |
| Q4 2022 | -13% | -39% | -153% | 01 Oct 2022 | 31 Dec 2022 |
| Q3 2022 | -16% | -48% | -150% | 01 Jul 2022 | 30 Sep 2022 |
| Q2 2022 | 7.8% | -12% | -60% | 01 Apr 2022 | 30 Jun 2022 |
| Q1 2022 | 21% | +9% | +77% | 01 Jan 2022 | 31 Mar 2022 |
| Q4 2021 | 25% | -52% | -67% | 01 Oct 2021 | 31 Dec 2021 |
| Q3 2021 | 32% | -74% | -70% | 01 Jul 2021 | 30 Sep 2021 |
| Q2 2021 | 20% | -135% | -87% | 01 Apr 2021 | 30 Jun 2021 |
| Q1 2021 | 12% | -251% | -96% | 01 Jan 2021 | 31 Mar 2021 |
| Q4 2020 | 77% | -281% | -78% | 01 Oct 2020 | 31 Dec 2020 |
| Q3 2020 | 106% | -2744% | -96% | 01 Jul 2020 | 30 Sep 2020 |
| Q2 2020 | 155% | +340% | 01 Apr 2020 | 30 Jun 2020 | |
| Q1 2020 | 263% | +279% | 01 Jan 2020 | 31 Mar 2020 | |
| Q4 2019 | 359% | +290% | +420% | 01 Oct 2019 | 31 Dec 2019 |
| Q3 2019 | 2850% | 01 Jul 2019 | 30 Sep 2019 | ||
| Q2 2019 | -184% | 01 Apr 2019 | 30 Jun 2019 | ||
| Q1 2019 | -16% | 01 Jan 2019 | 31 Mar 2019 | ||
| Q4 2018 | 69% | 01 Oct 2018 | 31 Dec 2018 |
* An asterisk sign (*) next to the value indicates that the value is likely invalid.