Accuray Return On Equity from 2010 to 2024

ARAY Stock  USD 2.07  0.02  0.96%   
Accuray Incorporated Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity will likely drop to -0.36 in 2024. Return On Equity is a measure of the profitability of Accuray Incorporated 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
(0.34)
Current Value
(0.36)
Quarterly Volatility
0.26377636
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Accuray Incorporated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Accuray Incorporated's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.5 M, Interest Expense of 8.6 M or Total Revenue of 302.7 M, as well as many indicators such as Price To Sales Ratio of 0.37, Dividend Yield of 0.0 or PTB Ratio of 1.94. Accuray financial statements analysis is a perfect complement when working with Accuray Incorporated Valuation or Volatility modules.
  
Check out the analysis of Accuray Incorporated Correlation against competitors.
For more information on how to buy Accuray Stock please use our How to Invest in Accuray Incorporated guide.

Latest Accuray Incorporated's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Accuray Incorporated over the last few years. Return on Equity is the amount of Accuray Incorporated net income returned as a percentage of Accuray Incorporated equity. Return on equity measures Accuray Incorporated profitability by revealing how much profit Accuray Incorporated 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. Accuray Incorporated's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Accuray Incorporated's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.3410 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Accuray Return On Equity Regression Statistics

Arithmetic Mean(0.34)
Coefficient Of Variation(77.37)
Mean Deviation0.19
Median(0.36)
Standard Deviation0.26
Sample Variance0.07
Range1.0271
R-Value0.31
Mean Square Error0.07
R-Squared0.1
Significance0.25
Slope0.02
Total Sum of Squares0.97

Accuray Return On Equity History

2023 -0.34
2022 -0.17
2021 -0.1
2020 -0.0917
2019 0.061
2018 -0.33
2017 -0.49

About Accuray Incorporated Financial Statements

Accuray Incorporated investors use historical fundamental indicators, such as Accuray Incorporated'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 Accuray Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(0.34)(0.36)

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Additional Tools for Accuray Stock Analysis

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