Return On Equity ratio Analysis of Euroseas Ltd - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Very Good ROE
41.33
Period Ending - Dec-22
Excellent ROE
63.18
Growth
-34.59 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Good ROE
46.54
Most recent Quarter ROE
Period Ending - Mar-24
Very Good ROE
9.27
ROE Analysis of Euroseas Ltd
| ROE Ratio of Euroseas Ltd with value of 46.54 means its generates profits efficiently by using its Shareholders Fund. |
| ROE Ratio of ESEA drastically fell by -34.59 % this year. |
| ROE Ratio with value of 63.18 was highest in Year Dec-22 in last Five Years. |
| ROE Ratio with value of -5.99 was lowest in Year Dec-19 in last Five Years. |
| Latest ROE Ratio with value of 41.33 is Greater than Average ROE of 33.16 in last five years. |
Other ROE Related Info of ESEA that may interest you.
Euroseas Ltd Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ESEA | 38.62 | 39.34 | 1.83 % | Marine Shipping |
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 Euroseas Ltd
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | 41.33 | 63.18 | 55.85 | 11.43 | -5.99 | -0.482 | -7.40 |
| Change | -34.59 % | 13.13 % | 388.59 % | 290.95 % | -1141.26 % | 93.49 % | 90.94 % |
FY Chart of Return On Equity of Euroseas Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)