Return On Equity ratio Analysis of Axonics Modulation Technologies Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Very Poor ROE
-1.88
Period Ending - Dec-22
Very Poor ROE
-10.47
Growth
82.03 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Poor ROE
-3.28
Most recent Quarter ROE
Period Ending - Mar-24
Very Poor ROE
-3.05
ROE Analysis of Axonics Modulation Technologies Inc
| ROE Ratio of Axonics Modulation Technologies Inc with value of -3.28 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
| ROE Ratio of Axonics Modulation Technologies Inc with value of -3.05 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Mar-24. |
| ROE Ratio of AXNX rose handsomely by 82.03 % this year. |
| ROE Ratio of AXNX trending up for at least three Years. |
| ROE Ratio with value of -43.68 was lowest in Year Dec-19 in last Five Years. |
| Latest ROE Ratio with value of -1.88 is Greater than Average ROE of -18.35 in last five years. |
| ROE of Axonics Modulation Technologies Inc is negative because of poor net profit in last Financial Year , last Quarter and also in last twelve Months. |
Other ROE Related Info of AXNX that may interest you.
Axonics Modulation Technologies Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| AXNX | 67.2 | 67.34 | 0.208 % | Medical Devices |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Poor Profitability Stock | |
FY - Historical Return On Equity of Axonics Modulation Technologies Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | -1.88 | -10.47 | -16.60 | -19.11 | -43.68 | -22.67 | 0 |
| Change | 82.03 % | 36.91 % | 13.15 % | 56.25 % | -92.66 % |
FY Chart of Return On Equity of Axonics Modulation Technologies Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)