Viemed Return On Equity from 2010 to 2024

VMD Stock  USD 8.56  0.10  1.15%   
Viemed Healthcare's Return On Equity is decreasing over the years with slightly volatile fluctuation. Return On Equity is expected to dwindle to 0.09. Return On Equity is a measure of the profitability of Viemed Healthcare 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
0.08993371
Current Value
0.0854
Quarterly Volatility
0.46388132
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Viemed Healthcare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Viemed Healthcare's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 310.2 K or Selling General Administrative of 50.5 M, as well as many indicators such as Price To Sales Ratio of 1.52, Dividend Yield of 0.1 or PTB Ratio of 3.98. Viemed financial statements analysis is a perfect complement when working with Viemed Healthcare Valuation or Volatility modules.
  
Check out the analysis of Viemed Healthcare Correlation against competitors.
For information on how to trade Viemed Stock refer to our How to Trade Viemed Stock guide.

Latest Viemed Healthcare's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Viemed Healthcare over the last few years. Return on Equity is the amount of Viemed Healthcare net income returned as a percentage of Viemed Healthcare equity. Return on equity measures Viemed Healthcare profitability by revealing how much profit Viemed Healthcare 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. Viemed Healthcare's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Viemed Healthcare's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.088810 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Viemed Return On Equity Regression Statistics

Arithmetic Mean0.53
Geometric Mean0.32
Coefficient Of Variation86.78
Mean Deviation0.42
Median0.34
Standard Deviation0.46
Sample Variance0.22
Range1.057
R-Value(0.89)
Mean Square Error0.05
R-Squared0.80
Slope(0.09)
Total Sum of Squares3.01

Viemed Return On Equity History

2024 0.0854
2023 0.0899
2022 0.0641
2021 0.0962
2020 0.39
2019 0.2
2018 0.29

About Viemed Healthcare Financial Statements

Viemed Healthcare stakeholders use historical fundamental indicators, such as Viemed Healthcare's Return On Equity, to determine how well the company is positioned to perform in the future. Although Viemed Healthcare investors may analyze each financial statement separately, they are all interrelated. For example, changes in Viemed Healthcare's assets and liabilities are reflected in the revenues and expenses on Viemed Healthcare'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 Viemed Healthcare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.09  0.09 

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 Viemed Healthcare is a strong investment it is important to analyze Viemed Healthcare'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 Viemed Healthcare's future performance. For an informed investment choice regarding Viemed Stock, refer to the following important reports:
Check out the analysis of Viemed Healthcare Correlation against competitors.
For information on how to trade Viemed Stock refer to our How to Trade Viemed Stock guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Health Care Equipment & Supplies 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 Viemed Healthcare. If investors know Viemed 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 Viemed Healthcare 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
0.425
Earnings Share
0.25
Revenue Per Share
5.534
Quarterly Revenue Growth
0.174
Return On Assets
0.0686
The market value of Viemed Healthcare is measured differently than its book value, which is the value of Viemed that is recorded on the company's balance sheet. Investors also form their own opinion of Viemed Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Viemed Healthcare'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 Viemed Healthcare's market value can be influenced by many factors that don't directly affect Viemed Healthcare'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 Viemed Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Viemed Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viemed Healthcare'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.