What is ROE for Intest in the third quarter 2023?
Intest Corp achieved a return on average equity (ROE) of
14.77 % in its third quarter 2023, this is above INTT's average return on equity of 7.64%.
Intest Corp shareholder's equity over the 12 months ending in its third quarter 2023 are valued at $80 million
ROE fell compared to the second quarter 2023, despite the net income growth of 6.19% from the second quarter 2023.
Within the
Electronic Instruments & Controls industry 13 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to
741, from total ROE ranking in the second quarter 2023 at
936.
What is ROE?