Medical Information Technology Inc (MITII) Return on Investment ROI from the third quarter of 2020 to third quarter of 2019 and for the year 2020, 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 ROI from its third quarter of 2020 to the third quarter of 2019 and 5 Year Period

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

What is Medical Information Technology Inc's ROI in the third quarter of 2020?
Medical Information Technology Inc achieved a return on average invested assets (ROI) of 13.18 % in its third quarter of 2020, which is below Medical Information Technology Inc's average return on investment, which stands at 16.96%.

ROI decreased relative to the period ending Jun 30 2020, due to the decline in net income.

Within the Technology sector 83 other companies had a higher return on investment. While return on investment, the total ranking has deteriorated compared to the second quarter of 2020 from 248 to 447.

Definition and Formula of Return on Investment



Return On Investment (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 Investment Change TTM 8.52 % 12.79 % 10.6 % 5.95 % -0.13 %
Y / Y Net Income Change TTM -52.2 % 50.61 % 158.72 % 301.79 % 547.42 %
Investment (TTM) in Millions 571 556 537 602 581
Return On Investment (TTM) 13.18 % 23.7 % 24.77 % 31.86 % 29.92 %
MITII's Overall Ranking # 447 # 248 # 101 # 45 # 203
Seq. Investment Change TTM -0.43 % 2.03 % 2.14 % 4.57 % 3.5 %
Seq. Net Income Change TTM -44.62 % -2.37 % -20.6 % 11.35 % 74.46 %
Net Income (TTM) in Millions 75 135 138 174 156




Return On Investment MITII's Ranking
Within: No.
Industry # 29
Sector # 84
Overall # 447

Return On Investment Statistics
High Average Low
31.34 %
16.96 %
2.5 %
(Dec 31 2019)   (Sep 30 2015)







Financial Statements
Medical Information Technology Inc's III. Quarter Investments $ 571 Millions MITII's Balance sheet
Medical Information Technology Inc's III. Quarter Income $ 31 Millions Quarterly MITII's Income Statement
MITII's Income by Division See MITII's Income by Division


MITII Annual Return On Investment (Dec 31 2019)
2019
(Dec 31 2018)
2018
(Dec 31 2017)
2017
(Dec 31 2016)
2016
(Dec 31 2015)
2015
Total Investments in Millions 602 490 535 575 555
Y / Y Investment Growth 22.79 % -8.29 % -7.04 % 3.55 % -
Net Income in Millions 180 56 77 73 70
Y / Y Net Income Growth 220.53 % -27.41 % 6.23 % 4.03 % -
Annual Return On Investment 29.92 % 11.46 % 14.48 % 12.67 % 12.61 %


Annual Roi Comment
In the fiscal year 2019 ROI improved to 29.92 % compared to the prior year, due to net income growth.

Definition and Formula of Return on Investment

Other ROI Ratios
Software & Programming Industry Roi Trends and Statistics
Technology Sector Return On Investment Statistics
Roi Trends for overall market
MITII's Roi Ratio versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Return On Investment
Lowest Ranking Return On Investment
Subscribers only: Roi for MITII's Competitors
Subscribers only: Roi for Medical Information Technology Inc's Suppliers
Subscribers only: Return On Investment for MITII's Customers

Other Ratios
MITII's Roa MITII's Inventory Turnover Ratio MITII's Growth Rates MITII's Dividend Statistics
MITII's Profitability Ratios MITII's Asset Turnover Ratio MITII's Dividend Growth
MITII's Roe MITII's Valuation Ratios MITII's Financial Strength Ratios MITII's Dividend Payout Ratio



Companies with similar Return On Investment at Sep 30 2020, within Technology Sector ROI
Zoom Communications Inc   34.29 %
Hp inc   33.09 %
Intuit Inc   32.36 %
Texas Instruments Incorporated  31.87 %
Teradyne Inc   28.87 %
Egain Corporation  28.09 %
Match Group Inc   26.79 %
Automatic Data Processing Inc   26.06 %
Powerfleet Inc   25.92 %
Power Integrations Inc   25.88 %
Genasys Inc   25.86 %
Apple Inc   25.58 %
Adobe Inc   25.13 %
Schmitt Industries Inc   24.50 %
Fortinet Inc   23.41 %
Sciplay Corporation  23.19 %
A10 Networks Inc   22.80 %
Aspen Technology inc   22.77 %
Corecard Corporation  22.49 %
Applied Materials Inc  21.80 %
Citrix Systems Inc.  21.67 %
Maxim Integrated Products Inc   21.36 %
Qualcomm Inc  21.32 %
Advanced Micro Devices Inc  21.31 %
Microsoft Corporation  21.25 %
Enphase Energy Inc   21.19 %
Factset Research Systems Inc   20.69 %
Paycom Software Inc   20.51 %
Meta Platforms Inc   20.04 %
Rockwell Automation Inc   19.64 %


Date modified: 2026-09-18T13:11:04+00:00



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