Summit Networks Inc. Quarterly Return On Equity in % from Q2 2015 to Q2 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
Summit Networks Inc. quarterly/annual Return On Equity history and growth rate from Q2 2015 to Q2 2024.
  • Summit Networks Inc. Return On Equity for the quarter ending June 30, 2024 was 6.29 %, a 40.5% decline year-over-year.
  • Summit Networks Inc. annual Return On Equity for 2023 was -3.87 %, a 128% decline from 2022.
  • Summit Networks Inc. annual Return On Equity for 2022 was 14 %, a 82.6% decline from 2021.
  • Summit Networks Inc. annual Return On Equity for 2021 was 80.5 %, a 12.5% decline from 2020.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q2 2024 6.29 -4.29 -40.5% Apr 1, 2024 Jun 30, 2024
Q1 2024 2.17 -5.74 -72.6% Jan 1, 2024 Mar 31, 2024
Q4 2023 -0.16 -8.31 -102% Oct 1, 2023 Dec 31, 2023
Q3 2023 -3.87 -17.9 -128% Jul 1, 2023 Sep 30, 2023
Q2 2023 10.6 -9.29 -46.7% Apr 1, 2023 Jun 30, 2023
Q1 2023 7.9 -19.6 -71.3% Jan 1, 2023 Mar 31, 2023
Q4 2022 8.15 -56.6 -87.4% Oct 1, 2022 Dec 31, 2022
Q3 2022 14 -66.5 -82.6% Jul 1, 2022 Sep 30, 2022
Q2 2022 19.9 -84.8 -81% Apr 1, 2022 Jun 30, 2022
Q1 2022 27.5 -97.7 -78% Jan 1, 2022 Mar 31, 2022
Q4 2021 64.8 -15.9 -19.7% Oct 1, 2021 Dec 31, 2021
Q3 2021 80.5 +26.6 +49.3% Jul 1, 2021 Sep 30, 2021
Q2 2021 105 +27 +34.7% Apr 1, 2021 Jun 30, 2021
Q1 2021 125 -13.3 -9.62% Jan 1, 2021 Mar 31, 2021
Q4 2020 80.7 -92.4 -53.4% Oct 1, 2020 Dec 31, 2020
Q3 2020 53.9 -70.9 -56.8% Aug 1, 2020 Sep 30, 2020
Q2 2020 77.7 -125 -61.6% Apr 1, 2020 Jun 30, 2020
Q1 2020 139 -37.9 -21.5% Jan 1, 2020 Mar 31, 2020
Q4 2019 173 +10.6 +6.52% Nov 1, 2019 Jan 31, 2020
Q3 2019 125 -110 -46.8% Aug 1, 2019 Oct 31, 2019
Q2 2019 203 +35 +20.8% May 1, 2019 Jul 31, 2019
Q1 2019 176 -51.9 -22.7% Feb 1, 2019 Apr 30, 2019
Q4 2018 162 -179 -52.4% Nov 1, 2018 Jan 31, 2019
Q3 2018 235 -1.04K -81.6% Aug 1, 2018 Oct 31, 2018
Q2 2018 168 +295 May 1, 2018 Jul 31, 2018
Q1 2018 228 +246 Feb 1, 2018 Apr 30, 2018
Q4 2017 342 +363 Nov 1, 2017 Jan 31, 2018
Q3 2017 1.27K +1.31K Aug 1, 2017 Oct 31, 2017
Q2 2017 -127 -73.2 -136% May 1, 2017 Jul 31, 2017
Q1 2017 -17.5 +103 +85.6% Feb 1, 2017 Apr 30, 2017
Q4 2016 -21.7 +128 +85.5% Nov 1, 2016 Jan 31, 2017
Q3 2016 -33.1 +94 +73.9% Aug 1, 2016 Oct 31, 2016
Q2 2016 -53.9 +25.7 +32.2% May 1, 2016 Jul 31, 2016
Q1 2016 -121 Feb 1, 2016 Apr 30, 2016
Q4 2015 -150 Nov 1, 2015 Jan 31, 2016
Q3 2015 -127 Aug 1, 2015 Oct 31, 2015
Q2 2015 -79.6 May 1, 2015 Jul 31, 2015
* An asterisk sign (*) next to the value indicates that the value is likely invalid.