Flagship explainer

What drives Renalytix plc’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity7544%Tax burden100%net income ÷ pretax incomeInterest burden113%pretax ÷ operating incomeOperating margin−1293%operating income ÷ revenueAsset turnover0.12×revenue ÷ average assetsEquity multiplier-43.52×average assets ÷ average equityAs of 2024-06-30 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
−$33.5MFY2024
Income before tax−$33.5MFY2024
Operating income−$29.6MFY2024
$2.3MFY2024
Ending assets$8MFY2024
Beginning assets$30.6MFY2023
−$7.9MFY2024
$7MFY2023
Source: · event Jun 30, 2024 · retrieved Jul 26, 2026 · annual-row source set
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