CLPS Return On Equity from 2010 to 2024
| CLPS Stock | USD 1.11 0.01 0.91% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.04) | Current Value (0.04) | Quarterly Volatility 0.2220783 |
Check CLPS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CLPS's main balance sheet or income statement drivers, such as Tax Provision of 152.7 K, Discontinued Operations of 0.0 or Depreciation And Amortization of 667.6 K, as well as many indicators such as Price To Sales Ratio of 0.15, Dividend Yield of 0.12 or PTB Ratio of 0.34. CLPS financial statements analysis is a perfect complement when working with CLPS Valuation or Volatility modules.
CLPS | Return On Equity |
Latest CLPS's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of CLPS Inc over the last few years. Return on Equity is the amount of CLPS Inc net income returned as a percentage of CLPS equity. Return on equity measures CLPS profitability by revealing how much profit CLPS Inc 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. CLPS's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CLPS's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported -0.0286 | 10 Years Trend |
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Return On Equity |
| Timeline |
CLPS Return On Equity Regression Statistics
| Arithmetic Mean | 0.22 | |
| Coefficient Of Variation | 102.91 | |
| Mean Deviation | 0.20 | |
| Median | 0.14 | |
| Standard Deviation | 0.22 | |
| Sample Variance | 0.05 | |
| Range | 0.5917 | |
| R-Value | (0.86) | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.74 | |
| Significance | 0.000044 | |
| Slope | (0.04) | |
| Total Sum of Squares | 0.69 |
CLPS Return On Equity History
About CLPS Financial Statements
CLPS shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although CLPS investors may analyze each financial statement separately, they are all interrelated. The changes in CLPS's assets and liabilities, for example, are also reflected in the revenues and expenses on on CLPS's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.04) | (0.04) |
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Additional Tools for CLPS Stock Analysis
When running CLPS's price analysis, check to measure CLPS'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 CLPS is operating at the current time. Most of CLPS's value examination focuses on studying past and present price action to predict the probability of CLPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CLPS's price. Additionally, you may evaluate how the addition of CLPS to your portfolios can decrease your overall portfolio volatility.