Return On Equity ratio Analysis of Tela Bio Inc - Deep Dive
Latest FY ROE
Period Ending - Dec-23
Very Poor ROE
-231.73
Period Ending - Dec-22
Very Poor ROE
-309.65
Growth
25.16 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Poor ROE
-188.37
Most recent Quarter ROE
Period Ending - Mar-24
Very Poor ROE
-39.36
ROE Analysis of Tela Bio Inc
ROE Ratio of Tela Bio Inc with value of -188.37 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
ROE Ratio of Tela Bio Inc with value of -39.36 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 TELA rose handsomely by 25.16 % this year. |
ROE Ratio with value of -58.73 was highest in Year Dec-20 in last Five Years. |
ROE Ratio with value of -309.65 was lowest in Year Dec-22 in last Five Years. |
Latest ROE Ratio with value of -231.73 is lower than Average ROE of -167.62 in last five years. |
ROE of Tela Bio 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 TELA that may interest you.
Tela Bio Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
TELA | 5.36 | 5.53 | 3.07 % | 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 Tela Bio Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROE | -231.73 | -309.65 | -165.57 | -58.73 | -72.43 | 0 | 0 |
Change | 25.16 % | -87.02 % | -181.90 % | 18.91 % |
FY Chart of Return On Equity of Tela Bio Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)