Sharplink Return On Equity from 2010 to 2024

SBET Stock  USD 0.68  0.04  6.25%   
Sharplink Gaming Return On Equity yearly trend continues to be comparatively 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 Sharplink Gaming 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
1.51526936
Current Value
1.59
Quarterly Volatility
1.85121359
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sharplink Gaming financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sharplink Gaming's main balance sheet or income statement drivers, such as Depreciation And Amortization of 368 K, Interest Expense of 1.6 M or Selling General Administrative of 14.9 M, as well as many indicators such as Price To Sales Ratio of 0.79, Dividend Yield of 0.0287 or Days Sales Outstanding of 50.86. Sharplink financial statements analysis is a perfect complement when working with Sharplink Gaming Valuation or Volatility modules.
  
Check out the analysis of Sharplink Gaming Correlation against competitors.
For more information on how to buy Sharplink Stock please use our How to Invest in Sharplink Gaming guide.

Latest Sharplink Gaming's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Sharplink Gaming over the last few years. Return on Equity is the amount of Sharplink Gaming net income returned as a percentage of Sharplink Gaming equity. Return on equity measures Sharplink Gaming profitability by revealing how much profit Sharplink Gaming 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. Sharplink Gaming's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sharplink Gaming's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -19.1810 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

Sharplink Return On Equity Regression Statistics

Arithmetic Mean(0.77)
Geometric Mean0.51
Coefficient Of Variation(239.52)
Mean Deviation1.31
Median(0.30)
Standard Deviation1.85
Sample Variance3.43
Range6.7142
R-Value(0.19)
Mean Square Error3.56
R-Squared0.03
Significance0.51
Slope(0.08)
Total Sum of Squares47.98

Sharplink Return On Equity History

2024 1.59
2023 1.52
2022 -5.12
2021 -3.92
2020 -0.84
2019 -0.0986
2018 -0.37

About Sharplink Gaming Financial Statements

Sharplink Gaming shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Sharplink Gaming investors may analyze each financial statement separately, they are all interrelated. The changes in Sharplink Gaming's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sharplink Gaming's 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 1.52  1.59 

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Additional Tools for Sharplink Stock Analysis

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