Schmitt Industries Inc (SMIT) Return on Equity ROE from the fourth quarter 2022 to fourth quarter 2021 and annually, average high and low, overall ranking from May 31 2022 to May 31 2021 - CSIMarket
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Schmitt Industries Inc   (NASDAQ: SMIT)
    Sector • Technology    Industry • IT Infrastructure
   Industry • IT Infrastructure
   Sector • Technology

Schmitt Industries Inc 's ROE per quarter

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


What is ROE for Schmitt Industries Inc in the fourth quarter 2022?
Schmitt Industries Inc recorded a cumulative net loss of $-3 million during 12 months ending in the fourth quarter 2022, resulting in a negative return on equity (ROE) of -117.65%.

Within the IT Infrastructure industry 57 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the third quarter 2022 from 0 to 3879.

What is ROE?




Return On Equity (May 31 2022)
IV. Quarter
(Feb 28 2022)
III. Quarter
(Nov 30 2021)
II. Quarter
(Aug 31 2021)
I. Quarter
(May 31 2021)
IV. Quarter
Y / Y Equity Change -83.95 % -48.37 % -51.48 % -81.83 % -
Y / Y Net Income Change - - - - -
Net Income (TTM) in Millions -3 -4 -5 -10 -8
Return On Equity (TTM) -117.65 % -101.68 % -112.73 % -173.23 % -99.33 %
SMIT's Total Ranking # 3879 # 0 # 0 # 0 # 0
Equity (TTM) in Millions 1 4 5 2 4
Seq. Equity Change -83.54 % -21.85 % 115.91 % -42.2 % -47.06 %
Seq. Net Income Change - - - - -

Return On Equity Company Ranking
Within: No.
Industry # 58
Sector # 502
Overall # 3879

Return On Equity Statistics
High Average Low
39.64 %
-20.64 %
-173.23 %
(Nov 30 2019)   (Aug 31 2021)





SMIT Annual Return On Equity (May 31 2022)
2022
(May 31 2021)
2021
(May 31 2020)
2020
(May 31 2019)
2019
(May 31 2018)
2018
Total Equity in Millions 1 4 12 8 10
Y / Y Equity Change -83.95 % -68.3 % 40.37 % -10.96 % 36.38 %
Net Income in Millions -3 -8 4 -1 0
Y / Y Net Income Change - - - - -
Return On Equity -542.59 % -214.6 % 32.63 % -14.29 % 2.21 %





More Return On Equity Ratios
IT Infrastructure Industry Roe Trends and Statistics
Technology Sector Return On Equity Statistics
SMIT's' Return on Equity at Yahoo Finance
SMIT's Roe Ratio versus IT Infrastructure Industry, Technology Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Subscribers only: Roe for SMIT's Competitors
Subscribers only: Roe for Schmitt Industries Inc 's Suppliers
Subscribers only: Return On Equity for SMIT's Customers




Companies with similar Return On Equity at May 31 2022, within Technology Sector ROE


Date modified: 2026-09-08T15:10:43+00:00



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