Central Return On Assets from 2010 to 2024

CET Stock  USD 46.64  0.18  0.39%   
Central Securities Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Central Securities 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
0.16900216
Current Value
0.18
Quarterly Volatility
0.12490967
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Central Securities financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Central Securities' main balance sheet or income statement drivers, such as Depreciation And Amortization of 207.4 K, Interest Expense of 0.0 or Selling General Administrative of 4.2 M, as well as many indicators such as Price To Sales Ratio of 4.42, Dividend Yield of 0.0447 or PTB Ratio of 0.94. Central financial statements analysis is a perfect complement when working with Central Securities Valuation or Volatility modules.
  
Check out the analysis of Central Securities Correlation against competitors.
For more information on how to buy Central Stock please use our How to Invest in Central Securities guide.

Latest Central Securities' Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Central Securities 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. Central Securities' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Central Securities' overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Very volatile
   Return On Assets   
       Timeline  

Central Return On Assets Regression Statistics

Arithmetic Mean0.11
Geometric Mean0.09
Coefficient Of Variation117.63
Mean Deviation0.11
Median0.17
Standard Deviation0.12
Sample Variance0.02
Range0.4049
R-Value0.08
Mean Square Error0.02
R-Squared0.01
Significance0.78
Slope0
Total Sum of Squares0.22

Central Return On Assets History

2024 0.18
2022 -0.14
2021 0.27
2020 0.0711
2019 0.25
2018 -0.0448
2017 0.2

About Central Securities Financial Statements

Central Securities shareholders use historical fundamental indicators, such as Return On Assets, to determine how well the company is positioned to perform in the future. Although Central Securities investors may analyze each financial statement separately, they are all interrelated. The changes in Central Securities' assets and liabilities, for example, are also reflected in the revenues and expenses on on Central Securities' 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 Assets 0.17  0.18 

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Additional Tools for Central Stock Analysis

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