RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
TESSCO Technologies Stock

TESSCO Technologies ROE 2024

TESSCO Technologies ROE

-0.06

Ticker

TESS

ISIN

US8723861071

WKN

891973

In 2024, TESSCO Technologies's return on equity (ROE) was -0.06, a 67.13% increase from the -0.04 ROE in the previous year.

TESSCO Technologies Aktienanalyse

What does TESSCO Technologies do?

TESSCO Technologies Inc. is a leading provider of products and solutions for wireless network connectivity in the USA. The company was founded in Maryland in 1982 and has since become a significant player in the industry. TESSCO Technologies Inc. is listed on NASDAQ and employs over 900 employees. TESSCO Technologies ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding TESSCO Technologies's Return on Equity (ROE)

TESSCO Technologies's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing TESSCO Technologies's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

TESSCO Technologies's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in TESSCO Technologies’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about TESSCO Technologies stock

What is the ROE (Return on Equity) of TESSCO Technologies this year?

The ROE of TESSCO Technologies this year is -0.06 undefined.

How has the Return on Equity (ROE) of TESSCO Technologies developed compared to the previous year?

The ROE of TESSCO Technologies has increased by 67.13% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of TESSCO Technologies?

A high ROE indicates that TESSCO Technologies generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of TESSCO Technologies?

A low ROE can indicate that TESSCO Technologies is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of TESSCO Technologies affect the company?

A change in ROE (Return on Equity) of TESSCO Technologies can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of TESSCO Technologies?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of TESSCO Technologies?

Some factors that can influence TESSCO Technologies's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does TESSCO Technologies pay?

Over the past 12 months, TESSCO Technologies paid a dividend of 0.02 USD . This corresponds to a dividend yield of about 0.22 %. For the coming 12 months, TESSCO Technologies is expected to pay a dividend of 0 USD.

What is the dividend yield of TESSCO Technologies?

The current dividend yield of TESSCO Technologies is 0.22 %.

When does TESSCO Technologies pay dividends?

TESSCO Technologies pays a quarterly dividend. This is distributed in the months of June, September, December, March.

How secure is the dividend of TESSCO Technologies?

TESSCO Technologies paid dividends every year for the past 0 years.

What is the dividend of TESSCO Technologies?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is TESSCO Technologies located?

TESSCO Technologies is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von TESSCO Technologies kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of TESSCO Technologies from 2/26/2020 amounting to 0.02 USD, you needed to have the stock in your portfolio before the ex-date on 2/11/2020.

When did TESSCO Technologies pay the last dividend?

The last dividend was paid out on 2/26/2020.

What was the dividend of TESSCO Technologies in the year 2023?

In the year 2023, TESSCO Technologies distributed 0 USD as dividends.

In which currency does TESSCO Technologies pay out the dividend?

The dividends of TESSCO Technologies are distributed in USD.

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Andere Kennzahlen von TESSCO Technologies

Our stock analysis for TESSCO Technologies Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of TESSCO Technologies Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.