Codere Return On Equity from 2010 to 2024

CDROW Stock  USD 0.86  0.12  12.24%   
Codere Online 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 Codere Online Luxembourg 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
(2.19)
Current Value
(2.08)
Quarterly Volatility
1.08044427
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Codere Online financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Codere Online's main balance sheet or income statement drivers, such as Tax Provision of 3.6 M, Net Interest Income of 15 M or Interest Income of 30.3 M, as well as many indicators such as Price To Sales Ratio of 1.03, Dividend Yield of 0.0 or PTB Ratio of 4.21. Codere financial statements analysis is a perfect complement when working with Codere Online Valuation or Volatility modules.
  
Check out the analysis of Codere Online Correlation against competitors.

Latest Codere Online's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Codere Online Luxembourg over the last few years. Return on Equity is the amount of Codere Online Luxembourg net income returned as a percentage of Codere Online equity. Return on equity measures Codere Online profitability by revealing how much profit Codere Online Luxembourg 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. Codere Online's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Codere Online's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.8210 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Codere Return On Equity Regression Statistics

Arithmetic Mean(0.11)
Geometric Mean0.70
Coefficient Of Variation(986.01)
Mean Deviation0.90
Median0.51
Standard Deviation1.08
Sample Variance1.17
Range2.702
R-Value(0.78)
Mean Square Error0.49
R-Squared0.61
Significance0.0006
Slope(0.19)
Total Sum of Squares16.34

Codere Return On Equity History

2024 -2.08
2023 -2.19
2022 -1.9
2021 -1.0
2020 0.41

About Codere Online Financial Statements

Codere Online investors use historical fundamental indicators, such as Codere Online'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 Codere Online. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(2.19)(2.08)

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Additional Tools for Codere Stock Analysis

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