Medical Information Technology Inc (MITII) Return on Equity ROE from the third quarter 2020 to third quarter 2019 and annually, average high and low, overall ranking from Sep 30 2020 to Sep 30 2019 - CSIMarket
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Medical Information Technology Inc   (MITII)
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology

Medical Information Technology Inc 's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for Medical Information Technology Inc in the third quarter 2020?
Medical Information Technology Inc achieved a return on average equity (ROE) of 13.48 % in its third quarter 2020, which is below Medical Information Technology Inc 's average return on equity, which stands at 17.35%.

ROE decreased relative to the period ending , due to the decline in net income.

Within the Software & Programming industry 32 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the second quarter 2020 from 374 to 812.

What is ROE?




Return On Equity (Sep 30 2020)
III. Quarter
(Jun 30 2020)
II. Quarter
(Mar 31 2020)
I. Quarter
(Dec 31 2019)
IV. Quarter
(Sep 30 2019)
III. Quarter
Y / Y Equity Change -0.77 % 10.34 % 10.91 % 17.7 % -
Y / Y Net Income Change -66.27 % -9.04 % - 77.67 % 276.33 %
Net Income (TTM) in Millions 72 132 135 171 156
Return On Equity (TTM) 13.48 % 24.72 % 25.93 % 33.6 % 32 %
MITII's Total Ranking # 812 # 374 # 369 # 334 # 293
Equity (TTM) in Millions 538 525 511 558 542
Seq. Equity Change 2.29 % 2.79 % -8.35 % 2.97 % 13.75 %
Seq. Net Income Change -6.86 % - - -62.5 % 151.18 %

Return On Equity Company Ranking
Within: No.
Industry # 33
Sector # 119
Overall # 812

Return On Equity Statistics
High Average Low
33.6 %
17.35 %
2.66 %
(Dec 31 2019)   (Sep 30 2015)





MITII Annual Return On Equity (Dec 31 2019)
2019
(Dec 31 2018)
2018
(Dec 31 2017)
2017
(Dec 31 2016)
2016
(Dec 31 2015)
2015
Total Equity in Millions 558 461 497 524 538
Y / Y Equity Change 21.01 % -7.25 % -5.08 % -2.77 % -
Net Income in Millions 180 56 77 73 70
Y / Y Net Income Change 220.53 % -27.41 % 6.23 % 4.03 % -
Return On Equity 32.3 % 12.19 % 15.58 % 13.92 % 13.01 %





Annual Roe Comment
In 2019 ROE improved to 32.3 % compared to the previous year, due to net income growth.


More Return On Equity Ratios
Software & Programming Industry Roe Trends and Statistics
Technology Sector Return On Equity Statistics
MITII's' Return on Equity at Yahoo Finance
MITII's Roe Ratio versus Software & Programming Industry, Technology Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Subscribers only: Roe for MITII's Competitors
Subscribers only: Roe for Medical Information Technology Inc 's Suppliers
Subscribers only: Return On Equity for MITII's Customers




Companies with similar Return On Equity at Sep 30 2020, within Technology Sector ROE
A10 Networks Inc   35.87 %
Adobe Inc   35.44 %
Evertec Inc   34.72 %
Schmitt Industries Inc   30.69 %
Verisk Analytics Inc   29.92 %
Nvidia Corp  29.61 %
Genasys Inc   29.44 %
Servicenow Inc   29.35 %
Slack Technologies Inc   28.56 %
Cisco Systems Inc   28.41 %
Intel Corporation  28.28 %
Paycom Software Inc   28.06 %
Advanced Micro Devices Inc  26.97 %
Power Integrations Inc   26.89 %
Counterpath Corp  25.59 %
Xilinx Inc  25.16 %
Amphenol Corporation  24.78 %
Progress Software Corp  24.78 %
Corecard Corporation  24.36 %
Arista Networks inc   24.01 %
Corelogic Inc   23.59 %
Meta Platforms Inc   23.27 %
Crawford United Corp  23.06 %
Asure Software Inc   22.85 %
Cargurus Inc   22.43 %
Qualys Inc   22.36 %
Gartner Inc   22.28 %
Golden Nugget Online Gaming inc   21.34 %
Qorvo Inc   21.27 %
Marvell Technology Inc  20.91 %


Date modified: -0001-11-30T00:00:00+00:00



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