Goldenstone Return On Assets from 2010 to 2024

GDSTU Stock  USD 11.41  0.00  0.00%   
Goldenstone Acquisition 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 Goldenstone Acquisition Ltd 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
0.02859699
Current Value
0.03
Quarterly Volatility
0.01402968
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Goldenstone Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Goldenstone Acquisition's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.2 M, Other Operating Expenses of 533.7 K or EBITDA of 2.3 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.48. Goldenstone financial statements analysis is a perfect complement when working with Goldenstone Acquisition Valuation or Volatility modules.
  
Check out the analysis of Goldenstone Acquisition Correlation against competitors.
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Latest Goldenstone Acquisition's Return On Assets Growth Pattern

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

Goldenstone Return On Assets Regression Statistics

Arithmetic Mean(0)
Geometric Mean0.01
Coefficient Of Variation(368.98)
Mean Deviation0.01
Median(0.01)
Standard Deviation0.01
Sample Variance0.0002
Range0.0407
R-Value0.71
Mean Square Error0.0001
R-Squared0.51
Significance0
Slope0
Total Sum of Squares0

Goldenstone Return On Assets History

2024 0.03
2023 0.0286
2022 0.002407
2021 -8.64E-4

About Goldenstone Acquisition Financial Statements

Goldenstone Acquisition shareholders use historical fundamental indicators, such as Return On Assets, to determine how well the company is positioned to perform in the future. Although Goldenstone Acquisition investors may analyze each financial statement separately, they are all interrelated. The changes in Goldenstone Acquisition's assets and liabilities, for example, are also reflected in the revenues and expenses on on Goldenstone Acquisition'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 Assets 0.03  0.03 

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Additional Tools for Goldenstone Stock Analysis

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