Marine Return On Equity from 2010 to 2024

MARPS Stock  USD 3.79  0.01  0.26%   
Marine Petroleum Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity will likely drop to 0.70 in 2024. Return On Equity is a measure of the profitability of Marine Petroleum Trust 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
0.73886264
Current Value
0.7
Quarterly Volatility
0.94437211
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Marine Petroleum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Marine Petroleum's main balance sheet or income statement drivers, such as Interest Expense of 603, Total Revenue of 33.3 M or Gross Profit of 33.3 M, as well as many indicators such as Price To Sales Ratio of 0.23, Ptb Ratio of 13.26 or Days Sales Outstanding of 1.33. Marine financial statements analysis is a perfect complement when working with Marine Petroleum Valuation or Volatility modules.
  
Check out the analysis of Marine Petroleum Correlation against competitors.

Latest Marine Petroleum's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Marine Petroleum Trust over the last few years. Return on Equity is the amount of Marine Petroleum Trust net income returned as a percentage of Marine Petroleum equity. Return on equity measures Marine Petroleum profitability by revealing how much profit Marine Petroleum Trust 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. Marine Petroleum's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Marine Petroleum's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.8710 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Marine Return On Equity Regression Statistics

Arithmetic Mean1.31
Geometric Mean1.01
Coefficient Of Variation72.32
Mean Deviation0.82
Median0.74
Standard Deviation0.94
Sample Variance0.89
Range3.0362
R-Value(0.78)
Mean Square Error0.37
R-Squared0.61
Significance0.0006
Slope(0.16)
Total Sum of Squares12.49

Marine Return On Equity History

2024 0.7
2022 1.19
2021 0.18
2020 0.61
2019 0.59
2018 0.65
2017 0.67

About Marine Petroleum Financial Statements

Marine Petroleum shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Marine Petroleum investors may analyze each financial statement separately, they are all interrelated. The changes in Marine Petroleum's assets and liabilities, for example, are also reflected in the revenues and expenses on on Marine Petroleum'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 0.74  0.70 

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Additional Tools for Marine Stock Analysis

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