Return On Equity ratio Analysis of Opera Ltd - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Not Good ROE
7.13
Period Ending - Dec-22
Poor ROE
1.69
Growth
321.45 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Good ROE
32.36
Most recent Quarter ROE
Period Ending - Mar-24
Excellent ROE
13.39
ROE Analysis of Opera Ltd
| ROE Ratio of Opera Ltd with value of 32.36 means its generates profits efficiently by using its Shareholders Fund. |
| ROE Ratio of OPRA rose handsomely by 321.45 % this year. |
| ROE Ratio with value of 17.08 was highest in Year Dec-20 in last Five Years. |
| ROE Ratio with value of -4.34 was lowest in Year Dec-21 in last Five Years. |
| Latest ROE Ratio with value of 7.13 is Greater than Average ROE of 5.58 in last five years. |
Other ROE Related Info of OPRA that may interest you.
Opera Ltd Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| OPRA | 13.94 | 14.19 | 1.76 % | Internet Content & Information |
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 Opera Ltd
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | 7.13 | 1.69 | -4.34 | 17.08 | 6.35 | 4.53 | 1.04 |
| Change | 321.45 % | 139.00 % | -125.41 % | 169.13 % | 39.99 % | 336.29 % | 137.35 % |
FY Chart of Return On Equity of Opera Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)