Data Return On Equity from 2010 to 2024

DTST Stock  USD 4.52  0.60  15.31%   
Data Storage 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 Data Storage Corp 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
0.01908699
Current Value
0.02
Quarterly Volatility
4.90451702
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Data Storage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Data Storage's main balance sheet or income statement drivers, such as Depreciation And Amortization of 760.9 K, Interest Expense of 70.8 K or Total Revenue of 26.2 M, as well as many indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.0649 or PTB Ratio of 0.66. Data financial statements analysis is a perfect complement when working with Data Storage Valuation or Volatility modules.
  
Check out the analysis of Data Storage Correlation against competitors.
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Latest Data Storage's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Data Storage Corp over the last few years. Return on Equity is the amount of Data Storage Corp net income returned as a percentage of Data Storage equity. Return on equity measures Data Storage profitability by revealing how much profit Data Storage Corp 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. Data Storage's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Data Storage's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.007910 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Data Return On Equity Regression Statistics

Arithmetic Mean(1.33)
Geometric Mean0.26
Coefficient Of Variation(368.34)
Mean Deviation2.47
Median(0.06)
Standard Deviation4.90
Sample Variance24.05
Range20.7964
R-Value0.34
Mean Square Error22.97
R-Squared0.11
Significance0.22
Slope0.37
Total Sum of Squares336.76

Data Return On Equity History

2024 0.02
2023 0.0191
2022 -0.23
2021 0.008987
2020 -0.16
2019 -0.0599
2018 0.14

About Data Storage Financial Statements

Data Storage shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Data Storage investors may analyze each financial statement separately, they are all interrelated. The changes in Data Storage's assets and liabilities, for example, are also reflected in the revenues and expenses on on Data Storage'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 0.02  0.02 

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Additional Tools for Data Stock Analysis

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