Return On Equity ratio Analysis of Silk Road Medical Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Very Poor ROE
-36.62
Period Ending - Dec-22
Very Poor ROE
-33.57
Growth
-9.08 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Poor ROE
-34.93
Most recent Quarter ROE
Period Ending - Mar-24
Very Poor ROE
-9.60
ROE Analysis of Silk Road Medical Inc
| ROE Ratio of Silk Road Medical Inc with value of -34.93 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
| ROE Ratio of Silk Road Medical Inc with value of -9.60 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 SILK has fallen by -9.08 % Compared to previous Financial Year. |
| ROE Ratio with value of -33.57 was highest in Year Dec-22 in last Five Years. |
| ROE Ratio with value of -72.91 was lowest in Year Dec-19 in last Five Years. |
| Latest ROE Ratio with value of -36.62 is Greater than Average ROE of -50.00 in last five years. |
| ROE of Silk Road Medical Inc is negative because of poor net profit in last Financial Year , last Quarter and also in last twelve Months. |
Other ROE Related Info of SILK that may interest you.
Silk Road Medical Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| SILK | 21.74 | 20.58 | 5.64 % | 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
| Poor Profitability Stock | |
FY - Historical Return On Equity of Silk Road Medical Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | -36.62 | -33.57 | -62.86 | -44.06 | -72.91 | 0 | 0 |
| Change | -9.08 % | 46.60 % | -42.67 % | 39.57 % |
FY Chart of Return On Equity of Silk Road Medical Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)