StealthGas Return On Assets from 2010 to 2024

GASS Stock  USD 5.30  0.02  0.38%   
StealthGas Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit StealthGas 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
0.0744923
Current Value
0.0782
Quarterly Volatility
0.03200142
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check StealthGas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among StealthGas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 30.4 M, Interest Expense of 11.4 M or Selling General Administrative of 9.3 M, as well as many indicators such as Price To Sales Ratio of 1.59, Dividend Yield of 0.033 or PTB Ratio of 0.57. StealthGas financial statements analysis is a perfect complement when working with StealthGas Valuation or Volatility modules.
  
Check out the analysis of StealthGas Correlation against competitors.
For more information on how to buy StealthGas Stock please use our How to Invest in StealthGas guide.

Latest StealthGas' Return On Assets Growth Pattern

Below is the plot of the Return On Assets of StealthGas 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. StealthGas' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in StealthGas' 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  

StealthGas Return On Assets Regression Statistics

Arithmetic Mean0.02
Geometric Mean0.01
Coefficient Of Variation195.00
Mean Deviation0.02
Median0.01
Standard Deviation0.03
Sample Variance0
Range0.1222
R-Value0.29
Mean Square Error0
R-Squared0.09
Significance0.29
Slope0
Total Sum of Squares0.01

StealthGas Return On Assets History

2024 0.0782
2023 0.0745
2022 0.0417
2021 -0.044
2020 0.0127
2019 0.002195
2018 -0.0118

About StealthGas Financial Statements

StealthGas shareholders use historical fundamental indicators, such as Return On Assets, to determine how well the company is positioned to perform in the future. Although StealthGas investors may analyze each financial statement separately, they are all interrelated. The changes in StealthGas' assets and liabilities, for example, are also reflected in the revenues and expenses on on StealthGas' 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 Assets 0.07  0.08 

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Additional Tools for StealthGas Stock Analysis

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