Lytus Return On Equity from 2010 to 2024

LYT Stock  USD 1.59  0.01  0.63%   
Lytus Technologies Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity will likely drop to 0.02 in 2024. Return On Equity is a measure of the profitability of Lytus Technologies Holdings in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.02218967
Current Value
0.0211
Quarterly Volatility
0.55427989
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Lytus Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lytus Technologies' main balance sheet or income statement drivers, such as Tax Provision of 140.1 K, Depreciation And Amortization of 880.2 K or Interest Expense of 430.9 K, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0 or PTB Ratio of 0.41. Lytus financial statements analysis is a perfect complement when working with Lytus Technologies Valuation or Volatility modules.
  
Check out the analysis of Lytus Technologies Correlation against competitors.

Latest Lytus Technologies' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Lytus Technologies Holdings over the last few years. Return on Equity is the amount of Lytus Technologies net income returned as a percentage of Lytus Technologies equity. Return on equity measures Lytus Technologies profitability by revealing how much profit Lytus Technologies Holdings generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Lytus Technologies' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Lytus Technologies' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.048910 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Lytus Return On Equity Regression Statistics

Arithmetic Mean0.62
Geometric Mean0.23
Coefficient Of Variation89.42
Mean Deviation0.52
Median1.05
Standard Deviation0.55
Sample Variance0.31
Range1.3387
R-Value(0.85)
Mean Square Error0.09
R-Squared0.72
Significance0.000067
Slope(0.10)
Total Sum of Squares4.30

Lytus Return On Equity History

2024 0.0211
2023 0.0222
2022 -0.29
2021 -0.032
2020 0.0993
2019 2.87E-4

About Lytus Technologies Financial Statements

Lytus Technologies shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Lytus Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Lytus Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Lytus Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Equity 0.02  0.02 

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Additional Tools for Lytus Stock Analysis

When running Lytus Technologies' price analysis, check to measure Lytus Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lytus Technologies is operating at the current time. Most of Lytus Technologies' value examination focuses on studying past and present price action to predict the probability of Lytus Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lytus Technologies' price. Additionally, you may evaluate how the addition of Lytus Technologies to your portfolios can decrease your overall portfolio volatility.