Return On Equity ratio Analysis of Mill City Ventures III Ltd - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Very Poor ROE
-3.20
Period Ending - Dec-22
Poor ROE
3.15
Growth
-201.45 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Poor ROE
-7.13
Most recent Quarter ROE
Period Ending - Mar-24
Very Poor ROE
-4.78
ROE Analysis of Mill City Ventures III Ltd
| ROE Ratio of Mill City Ventures III Ltd with value of -7.13 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
| ROE Ratio of Mill City Ventures III Ltd with value of -4.78 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 MCVT drastically fell by -201.45 % this year. |
| ROE Ratio with value of 21.11 was highest in Year Dec-21 in last Five Years. |
| ROE Ratio with value of -6.53 was lowest in Year Dec-19 in last Five Years. |
| Latest ROE Ratio with value of -3.20 is lower than Average ROE of 6.71 in last five years. |
| ROE of Mill City Ventures III Ltd is negative because of poor net profit in last Financial Year , last Quarter and also in last twelve Months. |
Other ROE Related Info of MCVT that may interest you.
Mill City Ventures III Ltd Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| MCVT | 2.54 | 2.6 | 2.31 % | Credit Services |
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
| Poor Profitability Stock | |
FY - Historical Return On Equity of Mill City Ventures III Ltd
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | -3.20 | 3.15 | 21.11 | 19.02 | -6.53 | 14.63 | 7.01 |
| Change | -201.45 % | -85.08 % | 10.99 % | 391.42 % | -144.61 % | 108.51 % | 1.91 % |
FY Chart of Return On Equity of Mill City Ventures III Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)