Return On Equity ratio Analysis of BlackRock MIT II - Deep Dive
Latest FY ROE
Period Ending - Aug-23
Very Poor ROE
-0.505
Period Ending - Aug-22
Very Poor ROE
-15.44
Growth
96.73 %
Trailing Twelve Months ROE
Period Ending - Aug-23
Poor ROE
4.02
Most recent Quarter ROE
Period Ending - Nov-23
Indecisive ROE
2.70
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
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
BLE | 10.43 | 10.39 | 0.385 % | 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
Mild Profitability |
FY - Historical Return On Equity of BlackRock MIT II
Period | Aug-23 | Aug-22 | Aug-21 | Aug-20 | Aug-19 | Aug-18 | Aug-17 |
---|---|---|---|---|---|---|---|
ROE | -0.505 | -15.44 | 4.99 | 2.27 | 8.57 | 1.07 | -0.374 |
Change | 96.73 % | -409.73 % | 119.68 % | -73.51 % | 703.31 % | 384.99 % | -103.35 % |
FY Chart of Return On Equity of BlackRock MIT II
Note : All Data Generated at the End of Trading Hours (EOD Data)