Return On Equity ratio Analysis of Starbox Group Holdings Ltd. - Deep Dive
Latest FY ROE
Period Ending - Sep-23
Poor ROE
2.39
Period Ending - Sep-22
Good ROE
15.63
Growth
-84.69 %
Trailing Twelve Months ROE
Period Ending - Sep-23
Poor ROE
4.30
Most recent Quarter ROE
Period Ending - Dec-23
Poor ROE
0.436
ROE Analysis of Starbox Group Holdings Ltd.
ROE Ratio of Starbox Group Holdings Ltd. with value of 4.30 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
ROE Ratio of Starbox Group Holdings Ltd. with value of 0.436 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Dec-23. |
ROE Ratio of STBX drastically fell by -84.69 % this year. |
Other ROE Related Info of STBX that may interest you.
Starbox Group Holdings Ltd. Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
STBX | 0.187 | 0.19 | 1.58 % | 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
Low Profitability Stock |
FY - Historical Return On Equity of Starbox Group Holdings Ltd.
Period | Sep-23 | Sep-22 | Sep-21 | Sep-20 |
---|---|---|---|---|
ROE | 2.39 | 15.63 | 114.78 | 0 |
Change | -84.69 % | -86.38 % |
FY Chart of Return On Equity of Starbox Group Holdings Ltd.
Note : All Data Generated at the End of Trading Hours (EOD Data)