Omnitek Engineering Corp Quarterly Return On Equity in % from Q3 2020 to Q1 2022

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
Omnitek Engineering Corp quarterly/annual Return On Equity history and growth rate from Q3 2020 to Q1 2022.
  • Omnitek Engineering Corp Return On Equity for the quarter ending March 31, 2022 was 6.1 %, a 86.9% decline year-over-year.
  • Omnitek Engineering Corp annual Return On Equity for 2021 was -1.95 %, a 103% decline from 2020.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q1 2022 6.1 -40.4 -86.9% Jan 1, 2022 Mar 31, 2022
Q4 2021 -1.95 -72.5 -103% Oct 1, 2021 Dec 31, 2021
Q3 2021 25.4 -87.8 -77.6% Jul 1, 2021 Sep 30, 2021
Q2 2021 37.4 Apr 1, 2021 Jun 30, 2021
Q1 2021 46.5 Jan 1, 2021 Mar 31, 2021
Q4 2020 70.5 Oct 1, 2020 Dec 31, 2020
Q3 2020 113 Jul 1, 2020 Sep 30, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.