Return On Equity ratio Analysis of Fonar Corporation - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Jun-23
Poor ROE
0
Period Ending - Jun-22
Not Good ROE
8.28
Growth
0 %
Trailing Twelve Months ROE
Period Ending - Jun-23
Very Good ROE
42.65
Most recent Quarter ROE
Period Ending - Mar-24
Poor ROE
1.13
ROE Analysis of Fonar Corporation
| ROE Ratio of Fonar Corporation with value of 42.65 means its generates profits efficiently by using its Shareholders Fund. |
| ROE Ratio of FONR has fallen by 0 % Compared to previous Financial Year. |
| ROE Ratio with value of 13.21 was highest in Year Jun-19 in last Five Years. |
| ROE Ratio with value of 0 was lowest in Year Jun-23 in last Five Years. |
| Latest ROE Ratio with value of 0 is lower than Average ROE of 7.08 in last five years. |
Other ROE Related Info of FONR that may interest you.
Fonar Corporation Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| FONR | 15.59 | 15.56 | 0.193 % | 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
| Low Profitability Stock | |
FY - Historical Return On Equity of Fonar Corporation
| Period | Jun-23 | Jun-22 | Jun-21 | Jun-20 | Jun-19 | Jun-18 | Jun-17 |
|---|---|---|---|---|---|---|---|
| ROE | 0 | 8.28 | 7.37 | 6.53 | 13.21 | 21.52 | 25.34 |
| Change | 0 % | 12.25 % | 12.93 % | -50.56 % | -38.61 % | -15.08 % | -15.60 % |
FY Chart of Return On Equity of Fonar Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)