Medinotec Inc. Quarterly Return On Equity in % from Q1 2023 to Q3 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
Medinotec Inc. quarterly/annual Return On Equity history and growth rate from Q1 2023 to Q3 2024.
  • Medinotec Inc. Return On Equity for the quarter ending August 31, 2024 was -0.97 %, a 90.2% increase year-over-year.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q3 2024 -0.97 +8.92 +90.2% Jun 1, 2024 Aug 31, 2024
Q2 2024 -15 -5.05 -50.8% Mar 1, 2024 May 31, 2024
Q1 2024 -17.2 -4.22 -32.6% Dec 1, 2023 Feb 29, 2024
Q4 2023 -29.3 Sep 1, 2023 Nov 30, 2023
Q3 2023 -9.88 Jun 1, 2023 Aug 31, 2023
Q2 2023 -9.95 Mar 1, 2023 May 31, 2023
Q1 2023 -12.9 Dec 1, 2022 Feb 28, 2023
* An asterisk sign (*) next to the value indicates that the value is likely invalid.