Core Return On Equity from 2010 to 2024

CORZZ Stock   14.10  0.29  2.02%   
Core Scientific, Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity will likely drop to 0.39 in 2024. Return On Equity is a measure of the profitability of Core Scientific, Tranche 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
0.41291685
Current Value
0.39
Quarterly Volatility
1.44341087
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Core Scientific, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Core Scientific,'s main balance sheet or income statement drivers, such as Tax Provision of 645.4 K, Depreciation And Amortization of 116.5 M or Interest Expense of 63.8 M, as well as many indicators such as Price To Sales Ratio of 3.06, Dividend Yield of 0.0 or Days Sales Outstanding of 5.46. Core financial statements analysis is a perfect complement when working with Core Scientific, Valuation or Volatility modules.
  
Check out the analysis of Core Scientific, Correlation against competitors.

Latest Core Scientific,'s Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Core Scientific, Tranche over the last few years. Return on Equity is the amount of Core Scientific, Tranche net income returned as a percentage of Core Scientific, equity. Return on equity measures Core Scientific, profitability by revealing how much profit Core Scientific, Tranche 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. Core Scientific,'s Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Core Scientific,'s overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.010 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Core Return On Equity Regression Statistics

Arithmetic Mean0.14
Coefficient Of Variation1,060
Mean Deviation0.75
Median(0.40)
Standard Deviation1.44
Sample Variance2.08
Range5.6471
R-Value0.46
Mean Square Error1.77
R-Squared0.21
Significance0.08
Slope0.15
Total Sum of Squares29.17

Core Return On Equity History

2024 0.39
2023 0.41
2022 5.24
2021 0.0341
2020 -1.17E-4

About Core Scientific, Financial Statements

Core Scientific, investors use historical fundamental indicators, such as Core Scientific,'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 Core Scientific,. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.41  0.39 

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Additional Tools for Core Stock Analysis

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