Thornburg Return On Equity from 2010 to 2024
| TBLD Stock | USD 16.78 0.09 0.54% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.17 | Current Value 0.18 | Quarterly Volatility 0.10375763 |
Check Thornburg Income financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thornburg Income's main balance sheet or income statement drivers, such as Net Interest Income of 6.8 M, Interest Income of 6.8 M or Depreciation And Amortization of 168.8 K, as well as many indicators such as Price To Sales Ratio of 4.08, Ptb Ratio of 1.0 or Days Sales Outstanding of 18.49. Thornburg financial statements analysis is a perfect complement when working with Thornburg Income Valuation or Volatility modules.
Thornburg | Return On Equity |
Latest Thornburg Income's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Thornburg Income Builder over the last few years. Return on Equity is the amount of Thornburg Income Builder net income returned as a percentage of Thornburg Income equity. Return on equity measures Thornburg Income profitability by revealing how much profit Thornburg Income Builder 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. Thornburg Income's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Thornburg Income's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.0 | 10 Years Trend |
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Return On Equity |
| Timeline |
Thornburg Return On Equity Regression Statistics
| Arithmetic Mean | 0.01 | |
| Geometric Mean | 0.02 | |
| Coefficient Of Variation | 713.16 | |
| Mean Deviation | 0.07 | |
| Median | (0.01) | |
| Standard Deviation | 0.10 | |
| Sample Variance | 0.01 | |
| Range | 0.4265 | |
| R-Value | 0.38 | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.15 | |
| Significance | 0.16 | |
| Slope | 0.01 | |
| Total Sum of Squares | 0.15 |
Thornburg Return On Equity History
About Thornburg Income Financial Statements
Thornburg Income stakeholders use historical fundamental indicators, such as Thornburg Income's Return On Equity, to determine how well the company is positioned to perform in the future. Although Thornburg Income investors may analyze each financial statement separately, they are all interrelated. For example, changes in Thornburg Income's assets and liabilities are reflected in the revenues and expenses on Thornburg Income'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 Thornburg Income Builder. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.17 | 0.18 |
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 Thornburg Income Builder is a strong investment it is important to analyze Thornburg Income's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Thornburg Income's future performance. For an informed investment choice regarding Thornburg Stock, refer to the following important reports:Check out the analysis of Thornburg Income Correlation against competitors. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Asset Management & Custody Banks 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 Thornburg Income. If investors know Thornburg 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 Thornburg Income listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 3.69 |
The market value of Thornburg Income Builder is measured differently than its book value, which is the value of Thornburg that is recorded on the company's balance sheet. Investors also form their own opinion of Thornburg Income's value that differs from its market value or its book value, called intrinsic value, which is Thornburg Income'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 Thornburg Income's market value can be influenced by many factors that don't directly affect Thornburg Income'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 Thornburg Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thornburg Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thornburg Income'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.