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
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.