Smith Return On Assets from 2010 to 2024

SNN Stock  USD 24.36  0.52  2.18%   
Smith Nephew Return On Assets yearly trend continues to be very stable with very little volatility. Return On Assets are likely to drop to 0.03. Return On Assets is a profitability ratio that indicates the percentage of profit Smith Nephew SNATS earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.02633423
Current Value
0.025
Quarterly Volatility
0.03597857
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Smith Nephew financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Smith main balance sheet or income statement drivers, such as Depreciation And Amortization of 553.4 M, Interest Expense of 138.6 M or Total Revenue of 3.2 B, as well as many exotic indicators such as Price To Sales Ratio of 2.03, Dividend Yield of 0.0289 or PTB Ratio of 2.16. Smith financial statements analysis is a perfect complement when working with Smith Nephew Valuation or Volatility modules.
  
This module can also supplement Smith Nephew's financial leverage analysis and stock options assessment as well as various Smith Nephew Technical models . Check out the analysis of Smith Nephew Correlation against competitors.

Latest Smith Nephew's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Smith Nephew SNATS over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Smith Nephew's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Smith Nephew's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Smith Return On Assets Regression Statistics

Arithmetic Mean0.07
Geometric Mean0.06
Coefficient Of Variation49.38
Mean Deviation0.03
Median0.07
Standard Deviation0.04
Sample Variance0
Range0.1068
R-Value(0.87)
Mean Square Error0.0003
R-Squared0.76
Significance0.000022
Slope(0.01)
Total Sum of Squares0.02

Smith Return On Assets History

2024 0.025
2023 0.0263
2022 0.0224
2021 0.048
2020 0.0407
2019 0.0645
2018 0.0823

About Smith Nephew Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Smith Nephew income statement, its balance sheet, and the statement of cash flows. Smith Nephew investors use historical funamental indicators, such as Smith Nephew's Return On Assets, to determine how well the company is positioned to perform in the future. Although Smith Nephew investors may use each financial statement separately, they are all related. The changes in Smith Nephew's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Smith Nephew's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Smith Nephew Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Smith Nephew. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.03  0.03 

Currently Active Assets on Macroaxis

When determining whether Smith Nephew SNATS offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Nephew's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Smith Nephew Snats Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Smith Nephew Snats Stock:
Check out the analysis of Smith Nephew Correlation against competitors.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Smith Nephew's price analysis, check to measure Smith Nephew's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Smith Nephew is operating at the current time. Most of Smith Nephew's value examination focuses on studying past and present price action to predict the probability of Smith Nephew's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smith Nephew's price. Additionally, you may evaluate how the addition of Smith Nephew to your portfolios can decrease your overall portfolio volatility.
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Is Smith Nephew's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Smith Nephew. If investors know Smith will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Smith Nephew listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.983
Dividend Share
0.375
Earnings Share
0.6
Revenue Per Share
2.5484
Quarterly Revenue Growth
0.076
The market value of Smith Nephew SNATS is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Nephew's value that differs from its market value or its book value, called intrinsic value, which is Smith Nephew's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Smith Nephew's market value can be influenced by many factors that don't directly affect Smith Nephew's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Smith Nephew's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Nephew is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Nephew's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.