Return On Equity ratio Analysis of Tenon Medical Inc - Deep Dive
WARN : Please note that some of the values may not be in base currency

Latest FY ROE
Period Ending - Dec-23

-2615.94


Very Poor ROE
Period Ending - Dec-22
-302.58

Very Poor ROE
Growth
-764.56 %
Trailing Twelve Months ROE
Period Ending - Dec-23

-695.76


Very Poor ROE
Most recent Quarter ROE
Period Ending - Mar-24

-98.68


Very Poor ROE
ROE Analysis of Tenon Medical Inc
ROE Ratio of Tenon Medical Inc with value of -695.76 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months.
ROE Ratio of Tenon Medical Inc with value of -98.68 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 TNON drastically fell by -764.56 % this year.
ROE Ratio with value of 0 was highest in Year Dec-21 in last Five Years.
ROE Ratio of TNON trending down for at least three Years.
Latest ROE Ratio with value of -2615.94 is lower than Average ROE of -583.70 in last five years.
ROE of Tenon 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 TNON that may interest you.
Tenon Medical Inc Overview
CodePricePrevious PricePrice ChangeSector
TNON0.70130.7013 0 % Medical Devices
Fundamental AnalysisTechnical Analysis
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 ..
Return On Equity Formula
ROE Related Ratios
ReturnOnAssetNetProfitMargin
Tsr Profitability Index
Poor Profitability Stock
FY - Historical Return On Equity of Tenon Medical Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19
ROE-2615.94-302.58000
Change-764.56 %
FY Chart of Return On Equity of Tenon Medical Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)