Return On Equity of Bantec, Inc. from 30 Jun 2018 to 30 Jun 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
Bantec, Inc. quarterly and annual Return On Equity in % history and change rate from 30 Jun 2018 to 30 Jun 2023.
  • Bantec, Inc. Return On Equity for the quarter ending 30 Jun 2023 was 16%, a 9.2% decline year-over-year.
  • Bantec, Inc. annual Return On Equity for 2022 was 17%.
  • Bantec, Inc. annual Return On Equity for 2019 was 61%, a 6.2% decline from 2018.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Change (%)
Return On Equity, Annual (%)
Return On Equity, YoY Annual Change (%)

Bantec, Inc. Quarterly Return On Equity (%)

Period Value YoY Chg Change % Start Date End Date
Q2 2023 16% -1.7% -9.2% 01 Apr 2023 30 Jun 2023
Q1 2023 16% 01 Jan 2023 31 Mar 2023
Q4 2022 16% 01 Oct 2022 31 Dec 2022
Q3 2022 17% 01 Jul 2022 30 Sep 2022
Q2 2022 18% 01 Apr 2022 30 Jun 2022
Q3 2019 61% -4.1% -6.2% 01 Jul 2019 30 Sep 2019
Q2 2019 56% -6% -9.6% 01 Apr 2019 30 Jun 2019
Q1 2019 50% 01 Jan 2019 31 Mar 2019
Q4 2018 59% 01 Oct 2018 31 Dec 2018
Q3 2018 66% 01 Jul 2018 30 Sep 2018
Q2 2018 62% 01 Apr 2018 30 Jun 2018

Bantec, Inc. Annual Return On Equity (%)

Period Value YoY Chg Change % Start Date End Date
2022 17% 01 Oct 2021 30 Sep 2022
2019 61% -4.1% -6.2% 01 Oct 2018 30 Sep 2019
2018 66% 01 Oct 2017 30 Sep 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.