TriMas Return On Equity from 2010 to 2024
TRS Stock | USD 24.59 0.05 0.20% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.05909657 | Current Value 0.0621 | Quarterly Volatility 0.11333967 |
Check TriMas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TriMas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 45.9 M, Interest Expense of 22.5 M or Total Revenue of 948.7 M, as well as many indicators such as Price To Sales Ratio of 1.12, Dividend Yield of 0.0061 or PTB Ratio of 1.46. TriMas financial statements analysis is a perfect complement when working with TriMas Valuation or Volatility modules.
TriMas | Return On Equity |
Latest TriMas' Return On Equity Growth Pattern
Below is the plot of the Return On Equity of TriMas over the last few years. Return on Equity is the amount of TriMas net income returned as a percentage of TriMas equity. Return on equity measures TriMas profitability by revealing how much profit TriMas 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. TriMas' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TriMas' overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 0.0391 | 10 Years Trend |
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Return On Equity |
Timeline |
TriMas Return On Equity Regression Statistics
Arithmetic Mean | 0.08 | |
Coefficient Of Variation | 143.60 | |
Mean Deviation | 0.08 | |
Median | 0.09 | |
Standard Deviation | 0.11 | |
Sample Variance | 0.01 | |
Range | 0.4838 | |
R-Value | (0.40) | |
Mean Square Error | 0.01 | |
R-Squared | 0.16 | |
Significance | 0.14 | |
Slope | (0.01) | |
Total Sum of Squares | 0.18 |
TriMas Return On Equity History
About TriMas Financial Statements
TriMas shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although TriMas investors may analyze each financial statement separately, they are all interrelated. The changes in TriMas' assets and liabilities, for example, are also reflected in the revenues and expenses on on TriMas' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Return On Equity | 0.06 | 0.06 |
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Additional Tools for TriMas Stock Analysis
When running TriMas' price analysis, check to measure TriMas' 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 TriMas is operating at the current time. Most of TriMas' value examination focuses on studying past and present price action to predict the probability of TriMas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TriMas' price. Additionally, you may evaluate how the addition of TriMas to your portfolios can decrease your overall portfolio volatility.