New Return On Equity from 2010 to 2024
| HOVRW Stock | 0.01 0 12.67% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.3366647 | Current Value 0.61 | Quarterly Volatility 0.41721152 |
Check New Horizon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Horizon's main balance sheet or income statement drivers, such as Tax Provision of 1.2 M, Net Interest Income of 5.5 M or Depreciation And Amortization of 176.3 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. New financial statements analysis is a perfect complement when working with New Horizon Valuation or Volatility modules.
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Latest New Horizon's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of New Horizon Aircraft over the last few years. Return on Equity is the amount of New Horizon Aircraft net income returned as a percentage of New Horizon equity. Return on equity measures New Horizon profitability by revealing how much profit New Horizon Aircraft 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. New Horizon's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New Horizon's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.0 | 10 Years Trend |
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Return On Equity |
| Timeline |
New Return On Equity Regression Statistics
| Arithmetic Mean | 1.10 | |
| Geometric Mean | 0.85 | |
| Coefficient Of Variation | 37.95 | |
| Mean Deviation | 0.31 | |
| Median | 1.29 | |
| Standard Deviation | 0.42 | |
| Sample Variance | 0.17 | |
| Range | 1.2726 | |
| R-Value | (0.65) | |
| Mean Square Error | 0.11 | |
| R-Squared | 0.42 | |
| Significance | 0.01 | |
| Slope | (0.06) | |
| Total Sum of Squares | 2.44 |
New Return On Equity History
About New Horizon Financial Statements
New Horizon investors use historical fundamental indicators, such as New Horizon'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 New Horizon. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.34 | 0.61 |
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When running New Horizon's price analysis, check to measure New Horizon'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 New Horizon is operating at the current time. Most of New Horizon's value examination focuses on studying past and present price action to predict the probability of New Horizon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Horizon's price. Additionally, you may evaluate how the addition of New Horizon to your portfolios can decrease your overall portfolio volatility.