Energy Return On Assets from 2010 to 2024

ESOA Stock  USD 17.90  0.90  4.79%   
Energy Services' Return On Assets are increasing over the years with slightly volatile fluctuation. Overall, Return On Assets are expected to go to 0.05 this year. Return On Assets is a profitability ratio that indicates the percentage of profit Energy Services earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.0467
Current Value
0.0491
Quarterly Volatility
0.22464652
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Energy Services financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Energy Services' main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.4 M, Other Operating Expenses of 351.5 M or Operating Income of 15.7 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0135 or PTB Ratio of 1.84. Energy financial statements analysis is a perfect complement when working with Energy Services Valuation or Volatility modules.
  
Check out the analysis of Energy Services Correlation against competitors.
For information on how to trade Energy Stock refer to our How to Trade Energy Stock guide.

Latest Energy Services' Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Energy Services over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Energy Services' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Energy Services' overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Energy Return On Assets Regression Statistics

Arithmetic Mean(0.01)
Geometric Mean0.04
Coefficient Of Variation(2,741)
Mean Deviation0.11
Median0.05
Standard Deviation0.22
Sample Variance0.05
Range0.9417
R-Value0.39
Mean Square Error0.05
R-Squared0.15
Significance0.15
Slope0.02
Total Sum of Squares0.71

Energy Return On Assets History

2024 0.0491
2023 0.0467
2022 0.0519
2021 0.0333
2020 0.13
2019 0.0418
2018 0.0356

About Energy Services Financial Statements

Energy Services stakeholders use historical fundamental indicators, such as Energy Services' Return On Assets, to determine how well the company is positioned to perform in the future. Although Energy Services investors may analyze each financial statement separately, they are all interrelated. For example, changes in Energy Services' assets and liabilities are reflected in the revenues and expenses on Energy Services' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Energy Services. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.05  0.05 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Energy Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Energy Services' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Energy Services Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Energy Services Stock:
Check out the analysis of Energy Services Correlation against competitors.
For information on how to trade Energy Stock refer to our How to Trade Energy Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Energy Services. If investors know Energy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Energy Services listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
4.139
Earnings Share
1.51
Revenue Per Share
21.239
Quarterly Revenue Growth
0.005
Return On Assets
0.089
The market value of Energy Services is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Services' value that differs from its market value or its book value, called intrinsic value, which is Energy Services' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Energy Services' market value can be influenced by many factors that don't directly affect Energy Services' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Energy Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Services' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.