Return On Equity ratio Analysis of BNY Mellon Strategic Mun Inc. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Sep-23
Poor ROE
1.31
Period Ending - Sep-22
Very Poor ROE
-22.86
Growth
105.71 %
Trailing Twelve Months ROE
Period Ending - Sep-23
Very Poor ROE
-2.03
Most recent Quarter ROE
Period Ending - Mar-24
Very Good ROE
11.63
ROE Analysis of BNY Mellon Strategic Mun Inc.
| ROE Ratio of BNY Mellon Strategic Mun Inc. with value of -2.03 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
| ROE Ratio of BNY Mellon Strategic Mun Inc. with value of 11.63 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Mar-24. |
| ROE Ratio of LEO rose handsomely by 105.71 % this year. |
| ROE Ratio with value of 8.61 was highest in Year Sep-19 in last Five Years. |
| ROE Ratio with value of -22.86 was lowest in Year Sep-22 in last Five Years. |
| Latest ROE Ratio with value of 1.31 is Greater than Average ROE of -0.803 in last five years. |
| ROE of BNY Mellon Strategic Mun Inc. is negative because of poor net profit in Trailing Twelve Months ended on Mar-24. |
Other ROE Related Info of LEO that may interest you.
BNY Mellon Strategic Mun Inc. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| LEO | 6.11 | 6.13 | 0.326 % | 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 BNY Mellon Strategic Mun Inc.
| Period | Sep-23 | Sep-22 | Sep-21 | Sep-20 | Sep-19 | Sep-18 | Sep-17 |
|---|---|---|---|---|---|---|---|
| ROE | 1.31 | -22.86 | 7.61 | 1.33 | 8.61 | 0.881 | 0.531 |
| Change | 105.71 % | -400.29 % | 474.16 % | -84.59 % | 877.40 % | 65.75 % | -93.21 % |
FY Chart of Return On Equity of BNY Mellon Strategic Mun Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)