TECHPRECISION CORP Annual Return On Equity in % from 2018 to 2023

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
Techprecision Corp quarterly/annual Return On Equity history and growth rate from 2018 to 2023.
  • Techprecision Corp Return On Equity for the quarter ending June 30, 2024 was -75.9 %, a 1027% decline year-over-year.
  • Techprecision Corp annual Return On Equity for 2023 was -46.6 %, a 603% decline from 2022.
  • Techprecision Corp annual Return On Equity for 2022 was -6.63 %, a 83.7% decline from 2021.
  • Techprecision Corp annual Return On Equity for 2021 was -3.61 %, a 208% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -46.6 -40 -603% Apr 1, 2023 Mar 31, 2024
2022 -6.63 -3.02 -83.7% Apr 1, 2022 Mar 31, 2023
2021 -3.61 -6.93 -208% Apr 1, 2021 Mar 31, 2022
2020 3.33 Apr 1, 2020 Mar 31, 2021
2018 13.1 Apr 1, 2018 Mar 31, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.