Asset Return On Equity from 2010 to 2024

ASST Stock   0.65  0.08  10.96%   
Asset Entities Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity will likely drop to -1.77 in 2024. Return On Equity is a measure of the profitability of Asset Entities Class in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(1.69)
Current Value
(1.77)
Quarterly Volatility
1.3144132
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Asset Entities financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Asset Entities' main balance sheet or income statement drivers, such as Depreciation And Amortization of 697, Selling General Administrative of 2.5 M or Selling And Marketing Expenses of 3.7 M, as well as many indicators such as Price To Sales Ratio of 29.8, Dividend Yield of 0.0 or PTB Ratio of 2.82. Asset financial statements analysis is a perfect complement when working with Asset Entities Valuation or Volatility modules.
  
Check out the analysis of Asset Entities Correlation against competitors.

Latest Asset Entities' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Asset Entities Class over the last few years. Return on Equity is the amount of Asset Entities Class net income returned as a percentage of Asset Entities equity. Return on equity measures Asset Entities profitability by revealing how much profit Asset Entities Class generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Asset Entities' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Asset Entities' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -1.6110 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Asset Return On Equity Regression Statistics

Arithmetic Mean(0.23)
Coefficient Of Variation(560.68)
Mean Deviation0.93
Median0.34
Standard Deviation1.31
Sample Variance1.73
Range4.5406
R-Value(0.60)
Mean Square Error1.18
R-Squared0.36
Significance0.02
Slope(0.18)
Total Sum of Squares24.19

Asset Return On Equity History

2024 -1.77
2023 -1.69
2022 -4.2

About Asset Entities Financial Statements

Asset Entities shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Asset Entities investors may analyze each financial statement separately, they are all interrelated. The changes in Asset Entities' assets and liabilities, for example, are also reflected in the revenues and expenses on on Asset Entities' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Equity(1.69)(1.77)

Thematic Opportunities

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Additional Tools for Asset Stock Analysis

When running Asset Entities' price analysis, check to measure Asset Entities' 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 Asset Entities is operating at the current time. Most of Asset Entities' value examination focuses on studying past and present price action to predict the probability of Asset Entities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asset Entities' price. Additionally, you may evaluate how the addition of Asset Entities to your portfolios can decrease your overall portfolio volatility.