Black Return On Equity from 2010 to 2024

BDTX Stock  USD 3.31  0.09  2.80%   
Black Diamond Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Black Diamond Therapeutics 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
(0.71)
Current Value
(0.67)
Quarterly Volatility
0.48147856
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Black Diamond financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Black Diamond's main balance sheet or income statement drivers, such as Net Interest Income of 1.9 M, Interest Income of 1.9 M or Depreciation And Amortization of 458.9 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.11. Black financial statements analysis is a perfect complement when working with Black Diamond Valuation or Volatility modules.
  
Check out the analysis of Black Diamond Correlation against competitors.

Latest Black Diamond's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Black Diamond Therapeutics over the last few years. Return on Equity is the amount of Black Diamond Therap net income returned as a percentage of Black Diamond equity. Return on equity measures Black Diamond profitability by revealing how much profit Black Diamond Therapeutics 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. Black Diamond's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Black Diamond's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.8310 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Black Return On Equity Regression Statistics

Arithmetic Mean0.46
Geometric Mean0.62
Coefficient Of Variation105.70
Mean Deviation0.33
Median0.69
Standard Deviation0.48
Sample Variance0.23
Range1.5134
R-Value(0.70)
Mean Square Error0.13
R-Squared0.49
Significance0
Slope(0.08)
Total Sum of Squares3.25

Black Return On Equity History

2024 -0.67
2023 -0.71
2022 0.25
2021 0.51
2020 0.55
2019 0.81
2018 0.57

About Black Diamond Financial Statements

Black Diamond investors use historical fundamental indicators, such as Black Diamond's Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Black Diamond. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(0.71)(0.67)

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Additional Tools for Black Stock Analysis

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