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Richardson Electronics Ltd   (RELL)
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Richardson Electronics Ltd 's ROA from the first quarter of 2024 to the first quarter of 2023 and 5 Year Period

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


What is Richardson Electronics Ltd 's ROA in the first quarter of 2024?
Richardson Electronics Ltd achieved a return on average assets (ROA) of 8.78 % in its first quarter of 2024, this is above RELL's average return on assets of 0.58%.
Richardson Electronics Ltd assets over the 12 months ending in its first quarter of 2024 are valued at $196 million

ROA decreased relative to the period ending May 27 2023, due to the decline in net income.

However, within the Consumer Discretionary sector 43 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the fourth quarter of 2023 from 564 to 697.

What is ROA?


Return On Assets (Sep 02 2023)
I. Quarter
(May 27 2023)
IV. Quarter
(Feb 25 2023)
III. Quarter
(Nov 26 2022)
II. Quarter
(Aug 27 2022)
I. Quarter
Y / Y Total Assets Change 4.32 % 11.64 % 18.04 % 19.46 % 19.72 %
Y / Y Net Income Change -80.6 % -50.26 % 119.61 % 34.62 % 140 %
Net Income (TTM) in million 17 22 26 23 22
Return On Assets (TTM) 8.78 % 11.49 % 14.01 % 12.69 % 12.44 %
RELL's Total Ranking # 697 # 564 # 436 # 619 # 612
Total Assets (TTM) in million 196 198 199 193 187
Seq. Total Assets Change -1.15 % -0.67 % 3.22 % 2.94 % 5.78 %
Seq. Net Income Change -70.22 % -35.02 % 14.25 % -12.25 % -23.65 %



Return On Assets Company Ranking
Within: No.
Industry # 4
Sector # 44
Overall # 696

Return On Assets Statistics
High Average Low
13.95 %
0.58 %
-5.22 %
(Feb 25 2023)  





Financial Statements
Richardson Electronics Ltd 's Assets $ 196 million RELL's Balance sheet
Richardson Electronics Ltd 's Income $ 1 million Quarterly RELL's Income Statement
RELL's Income by Division See RELL's Income by Division



Annual Return On Assets (May 27 2023)
FY 2023
(May 28 2022)
FY 2022
(May 29 2021)
FY 2021
(May 30 2020)
FY 2020
(Jun 01 2019)
FY 2019
Y / Y Total Assets Change 11.64 % 14.58 % 3.89 % -2.73 % -8 %
Total Assets in million 198 177 155 149 153
Y / Y Net Income Change 24.58 % 983.2 % - - -
Net Income in million 22 18 2 -2 -7
Return On Assets 11.29 % 10.12 % 1.07 % -1.23 % -4.79 %




Comment on RELL's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA improved to 11.29 % compared to prior year, due to annual net income growth of 24.58 % to $22.33 million, while value of Richardson Electronics Ltd 's overall assets grew just by 11.64 % to $197.80 million, compared to $197.80 a year before.


More Return On Assets Ratios
RELL's' Return on Assets at Yahoo Finance
Electronic Parts & Equipment Industry Return On Assets Trends and Statistics
Consumer Discretionary Sector Roa Statistics
Roa Trends for overall market
RELL's Roa Ratio versus Electronic Parts & Equipment Industry, Consumer Discretionary Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for RELL's Competitors
Roa for Richardson Electronics Ltd 's Suppliers
Return On Assets for RELL's Customers

You may also want to know
RELL's Roi RELL's Inventory Turnover Ratio RELL's Growth Rates RELL's Dividend Comparisons
RELL's Profitability Ratios RELL's Asset Turnover Ratio RELL's Dividend Growth
RELL's Roe RELL's Valuation Ratios RELL's Financial Strength Ratios RELL's Dividend Payout Ratio



Companies with similar Return On Assets at Sep 02 2023, within Consumer Discretionary Sector ROA
Garrett Motion Inc   23.33 %
Jakks Pacific Inc   21.53 %
Williams sonoma Inc   20.45 %
Leatt Corporation  20.08 %
Lci Industries  18.30 %
Vera Bradley Inc   17.63 %
Lululemon Athletica Inc   17.26 %
Nocopi Technologies Inc   16.33 %
Gentex Corporation  16.22 %
Cintas Corporation  16.18 %
Crocs inc   14.81 %
Otis Worldwide Corporation  14.65 %
Eaco Corp  14.09 %
Bel Fuse Inc  13.50 %
Steven Madden Ltd   13.44 %
Allison Transmission Holdings Inc   13.31 %
Nike Inc   13.27 %
Kontoor Brands Inc   13.24 %
Tapestry Inc   13.13 %
Oxford Industries inc   13.02 %
Ethan Allen Interiors Inc   12.36 %
Tesla Inc   12.14 %
Graybar Electric Company Inc   12.07 %
Paccar Inc  10.68 %
Weyco Group inc   10.53 %
Aptiv Plc  10.35 %
Acuity Brands Inc   10.13 %
Modine Manufacturing Co  10.12 %
Taitron Components Incorporated  9.98 %
Acushnet Holdings Corp   9.87 %


Date modified: 2023-10-13T11:40:29+00:00


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