Metal Return On Equity from 2010 to 2024

MSSAU Stock  USD 11.60  0.02  0.17%   
Metal Sky Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Metal Sky Star 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
0.07261134
Current Value
0.0762
Quarterly Volatility
68.61459518
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Metal Sky financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Metal Sky's main balance sheet or income statement drivers, such as Depreciation And Amortization of 85.3 K, Other Operating Expenses of 233 K or Total Operating Expenses of 448.1 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.24. Metal financial statements analysis is a perfect complement when working with Metal Sky Valuation or Volatility modules.
  
Check out the analysis of Metal Sky Correlation against competitors.

Latest Metal Sky's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Metal Sky Star over the last few years. Return on Equity is the amount of Metal Sky Star net income returned as a percentage of Metal Sky equity. Return on equity measures Metal Sky profitability by revealing how much profit Metal Sky Star 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. Metal Sky's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Metal Sky's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.010 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Metal Return On Equity Regression Statistics

Arithmetic Mean(132.52)
Geometric Mean31.24
Coefficient Of Variation(51.78)
Mean Deviation53.03
Median(165.67)
Standard Deviation68.61
Sample Variance4,708
Range166
R-Value0.69
Mean Square Error2,625
R-Squared0.48
Significance0
Slope10.65
Total Sum of Squares65,911

Metal Return On Equity History

2024 0.0762
2023 0.0726
2022 0.0112

About Metal Sky Financial Statements

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

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Additional Tools for Metal Stock Analysis

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