PermRock Return On Equity from 2010 to 2024

PRT Stock  USD 3.99  0.01  0.25%   
PermRock Royalty Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity will likely drop to 0.08 in 2024. Return On Equity is a measure of the profitability of PermRock Royalty 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
0.081459
Current Value
0.0774
Quarterly Volatility
62.21774273
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PermRock Royalty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PermRock Royalty's main balance sheet or income statement drivers, such as Net Interest Income of 11.2 K, Depreciation And Amortization of 970.1 K or Interest Expense of 0.0, as well as many indicators such as Price To Sales Ratio of 6.24, Dividend Yield of 0.0 or PTB Ratio of 1.29. PermRock financial statements analysis is a perfect complement when working with PermRock Royalty Valuation or Volatility modules.
  
Check out the analysis of PermRock Royalty Correlation against competitors.

Latest PermRock Royalty's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of PermRock Royalty Trust over the last few years. Return on Equity is the amount of PermRock Royalty Trust net income returned as a percentage of PermRock Royalty equity. Return on equity measures PermRock Royalty profitability by revealing how much profit PermRock Royalty 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. PermRock Royalty's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PermRock Royalty's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.066310 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

PermRock Return On Equity Regression Statistics

Arithmetic Mean16.05
Geometric Mean0.13
Coefficient Of Variation387.54
Mean Deviation29.99
Median(0.02)
Standard Deviation62.22
Sample Variance3,871
Range241
R-Value0.31
Mean Square Error3,767
R-Squared0.1
Significance0.26
Slope4.32
Total Sum of Squares54,195

PermRock Return On Equity History

2024 0.0774
2023 0.0815
2022 240.96
2021 0.0869
2020 0.0215
2019 0.0986
2018 0.17

About PermRock Royalty Financial Statements

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

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Additional Tools for PermRock Stock Analysis

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