Return On Equity ratio Analysis of BlackRock MIT II - Deep Dive
WARN : Please note that some of the values may not be in base currency

Latest FY ROE
Period Ending - Aug-23

-0.505


Very Poor ROE
Period Ending - Aug-22
-15.44

Very Poor ROE
Growth
96.73 %
Trailing Twelve Months ROE
Period Ending - Aug-23

4.02


Poor ROE
Most recent Quarter ROE
Period Ending - Nov-23

2.70


Indecisive ROE
ROE Analysis of BlackRock MIT II
ROE Ratio of BlackRock MIT II with value of 4.02 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months.
ROE Ratio of BlackRock MIT II with value of 2.70 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Nov-23.
ROE Ratio of BLE rose handsomely by 96.73 % this year.
ROE Ratio with value of 8.57 was highest in Year Aug-19 in last Five Years.
ROE Ratio with value of -15.44 was lowest in Year Aug-22 in last Five Years.
Latest ROE Ratio with value of -0.505 is lower than Average ROE of -0.0250 in last five years.
ROE of BlackRock MIT II is negative because of poor net profit in FY ended on Aug-23.
Other ROE Related Info of BLE that may interest you.
BlackRock MIT II Overview
CodePricePrevious PricePrice ChangeSector
BLE10.4310.39 0.385 % Asset Management
Fundamental AnalysisTechnical Analysis
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 ..
Return On Equity Formula

ROE Related Ratios
ReturnOnAssetNetProfitMargin

Tsr Profitability Index
Mild Profitability
FY - Historical Return On Equity of BlackRock MIT II
PeriodAug-23Aug-22Aug-21Aug-20Aug-19Aug-18Aug-17
ROE-0.505-15.444.992.278.571.07-0.374
Change96.73 %-409.73 %119.68 %-73.51 %703.31 %384.99 %-103.35 %
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FY Chart of Return On Equity of BlackRock MIT II


Note : All Data Generated at the End of Trading Hours (EOD Data)