Security Return On Assets from 2010 to 2024

SNFCA Stock  USD 13.06  0.10  0.77%   
Security National's Return On Assets are increasing over the years with very volatile fluctuation. Return On Assets are expected to dwindle to 0.01. Return On Assets is a profitability ratio that indicates the percentage of profit Security National Financial 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
0.01013249
Current Value
0.00944
Quarterly Volatility
0.00849933
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Security National financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Security National's main balance sheet or income statement drivers, such as Interest Expense of 3.8 M, Total Revenue of 174.7 M or Gross Profit of 174.7 M, as well as many indicators such as Price To Sales Ratio of 0.43, Dividend Yield of 31.87 or PTB Ratio of 0.75. Security financial statements analysis is a perfect complement when working with Security National Valuation or Volatility modules.
  
Check out the analysis of Security National Correlation against competitors.

Latest Security National's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Security National Financial 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. Security National's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Security National's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Very volatile
   Return On Assets   
       Timeline  

Security Return On Assets Regression Statistics

Arithmetic Mean0.02
Geometric Mean0.01
Coefficient Of Variation51.70
Mean Deviation0.01
Median0.02
Standard Deviation0.01
Sample Variance0.000072
Range0.0334
R-Value0.10
Mean Square Error0.000077
R-Squared0.01
Significance0.72
Slope0.0002
Total Sum of Squares0

Security Return On Assets History

2024 0.00944
2023 0.0101
2022 0.0176
2021 0.0255
2020 0.0359
2019 0.008163
2018 0.0206

About Security National Financial Statements

Security National stakeholders use historical fundamental indicators, such as Security National's Return On Assets, to determine how well the company is positioned to perform in the future. Although Security National investors may analyze each financial statement separately, they are all interrelated. For example, changes in Security National's assets and liabilities are reflected in the revenues and expenses on Security National's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Security National Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.01  0.01 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Security National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Security National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Security National Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Security National Financial Stock:
Check out the analysis of Security National Correlation against competitors.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Commercial & Residential Mortgage Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Security National. If investors know Security will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Security National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.111
Earnings Share
1.2
Revenue Per Share
13.85
Quarterly Revenue Growth
0.023
Return On Assets
0.0129
The market value of Security National is measured differently than its book value, which is the value of Security that is recorded on the company's balance sheet. Investors also form their own opinion of Security National's value that differs from its market value or its book value, called intrinsic value, which is Security National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Security National's market value can be influenced by many factors that don't directly affect Security National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Security National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Security National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Security National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.