Return On Equity ratio Analysis of Mitek Systems Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Sep-23
Poor ROE
1.78
Period Ending - Sep-22
Poor ROE
1.78
Growth
0 %
Trailing Twelve Months ROE
Period Ending - Sep-23
Very Poor ROE
-3.42
Most recent Quarter ROE
Period Ending - Mar-24
Very Poor ROE
-2.71
ROE Analysis of Mitek Systems Inc
| ROE Ratio of Mitek Systems Inc with value of -3.42 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
| ROE Ratio of Mitek Systems Inc with value of -2.71 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 MITK has fallen by 0 % Compared to previous Financial Year. |
| ROE Ratio with value of 5.91 was highest in Year Sep-20 in last Five Years. |
| ROE Ratio of MITK trending down for at least three Years. |
| Latest ROE Ratio with value of 1.78 is lower than Average ROE of 2.59 in last five years. |
| ROE of Mitek Systems Inc is negative because of poor net profit in Trailing Twelve Months ended on Mar-24. |
Other ROE Related Info of MITK that may interest you.
Mitek Systems Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| MITK | 13.04 | 13.86 | 5.92 % | Software-Application |
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 Mitek Systems Inc
| Period | Sep-23 | Sep-22 | Sep-21 | Sep-20 | Sep-19 | Sep-18 | Sep-17 |
|---|---|---|---|---|---|---|---|
| ROE | 1.78 | 1.78 | 4.14 | 5.91 | -0.675 | -12.38 | 22.95 |
| Change | 0 % | -56.97 % | -29.98 % | 975.98 % | 94.55 % | -153.94 % | 362.54 % |
FY Chart of Return On Equity of Mitek Systems Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)