Return On Equity ratio Analysis of Glimpse Group Inc - Deep Dive
Latest FY ROE
Period Ending - Jun-23
Very Poor ROE
-254.49
Period Ending - Jun-22
Very Poor ROE
-20.70
Growth
-1129.16 %
Trailing Twelve Months ROE
Period Ending - Jun-23
Very Poor ROE
-14.19
Most recent Quarter ROE
Period Ending - Mar-24
Very Poor ROE
-10.22
ROE Analysis of Glimpse Group Inc
ROE Ratio of Glimpse Group Inc with value of -14.19 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
ROE Ratio of Glimpse Group Inc with value of -10.22 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 VRAR drastically fell by -1129.16 % this year. |
ROE Ratio with value of 0 was highest in Year Jun-21 in last Five Years. |
ROE Ratio of VRAR trending down for at least three Years. |
Latest ROE Ratio with value of -254.49 is lower than Average ROE of -130.72 in last five years. |
ROE of Glimpse Group 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 VRAR that may interest you.
Glimpse Group Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
VRAR | 1.1 | 1.06 | 3.77 % | Software-Infrastructure |
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 Glimpse Group Inc
Period | Jun-23 | Jun-22 | Jun-21 | Jun-20 | Jun-19 |
---|---|---|---|---|---|
ROE | -254.49 | -20.70 | 0 | 0 | -378.39 |
Change | -1129.16 % | 0 % |
FY Chart of Return On Equity of Glimpse Group Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)