Harmony Return On Assets from 2010 to 2024

HMY Stock  USD 8.43  0.00  0.00%   
Harmony Gold Return On Assets yearly trend continues to be fairly 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 Harmony Gold Mining 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
0.14202779
Current Value
0.15
Quarterly Volatility
0.08635041
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Harmony Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Harmony Gold's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.9 B, Interest Expense of 835.8 M or Total Revenue of 64.4 B, as well as many indicators such as Price To Sales Ratio of 1.96, Dividend Yield of 0.0174 or PTB Ratio of 1.32. Harmony financial statements analysis is a perfect complement when working with Harmony Gold Valuation or Volatility modules.
  
Check out the analysis of Harmony Gold Correlation against competitors.

Latest Harmony Gold's Return On Assets Growth Pattern

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

Harmony Return On Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.05
Coefficient Of Variation1,060
Mean Deviation0.07
Median(0.01)
Standard Deviation0.09
Sample Variance0.01
Range0.2832
R-Value0.53
Mean Square Error0.01
R-Squared0.28
Significance0.04
Slope0.01
Total Sum of Squares0.10

Harmony Return On Assets History

2024 0.15
2023 0.14
2022 0.0842
2021 -0.0225
2020 0.1
2019 -0.0196
2018 -0.0712

About Harmony Gold Financial Statements

Harmony Gold investors use historical fundamental indicators, such as Harmony Gold's Return On Assets, 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 Harmony Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.14  0.15 

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Additional Tools for Harmony Stock Analysis

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