Return On Equity ratio Analysis of BlackRock California Municipal IN TR - Deep Dive
Latest FY ROE
Period Ending - Oct-23
Poor ROE
0.124
Period Ending - Oct-22
Very Poor ROE
-17.38
Growth
100.71 %
Trailing Twelve Months ROE
Period Ending - Oct-23
Poor ROE
2.99
Most recent Quarter ROE
Period Ending - Jan-24
Not Good ROE
2.04
ROE Analysis of BlackRock California Municipal IN TR
ROE Ratio of BlackRock California Municipal IN TR with value of 2.99 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
ROE Ratio of BlackRock California Municipal IN TR with value of 2.04 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Jan-24. |
ROE Ratio of BFZ rose handsomely by 100.71 % this year. |
ROE Ratio with value of 7.56 was highest in Year Oct-19 in last Five Years. |
ROE Ratio with value of -17.38 was lowest in Year Oct-22 in last Five Years. |
Latest ROE Ratio with value of 0.124 is lower than Average ROE of 0.494 in last five years. |
Other ROE Related Info of BFZ that may interest you.
BlackRock California Municipal IN TR Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
BFZ | 12.0 | 12.03 | 0.249 % | Asset Management |
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
Good Profitability |
FY - Historical Return On Equity of BlackRock California Municipal IN TR
Period | Oct-23 | Oct-22 | Oct-21 | Oct-20 | Oct-19 | Oct-18 | Oct-17 |
---|---|---|---|---|---|---|---|
ROE | 0.124 | -17.38 | 5.52 | 6.64 | 7.56 | 0.943 | -1.57 |
Change | 100.71 % | -414.62 % | -16.82 % | -12.15 % | 701.73 % | 160.08 % | -118.86 % |
FY Chart of Return On Equity of BlackRock California Municipal IN TR
Note : All Data Generated at the End of Trading Hours (EOD Data)