Widepoint Return On Assets from 2010 to 2024

WYY Stock  USD 5.08  0.12  2.42%   
Widepoint Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets will likely drop to -0.08 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Widepoint C 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
(0.08)
Current Value
(0.08)
Quarterly Volatility
0.31795449
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Widepoint financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Widepoint's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.5 M, Total Revenue of 53.8 M or Gross Profit of 10.7 M, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0 or PTB Ratio of 1.33. Widepoint financial statements analysis is a perfect complement when working with Widepoint Valuation or Volatility modules.
  
Check out the analysis of Widepoint Correlation against competitors.

Latest Widepoint's Return On Assets Growth Pattern

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

Widepoint Return On Assets Regression Statistics

Arithmetic Mean(0.15)
Geometric Mean0.05
Coefficient Of Variation(215.98)
Mean Deviation0.19
Median(0.08)
Standard Deviation0.32
Sample Variance0.10
Range1.2987
R-Value0.30
Mean Square Error0.1
R-Squared0.09
Significance0.27
Slope0.02
Total Sum of Squares1.42

Widepoint Return On Assets History

2024 -0.0828
2023 -0.0789
2022 -0.48
2021 0.004518
2020 0.1
2019 0.003519
2018 -0.031

About Widepoint Financial Statements

Widepoint investors use historical fundamental indicators, such as Widepoint's Return On Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Widepoint. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets(0.08)(0.08)

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Additional Tools for Widepoint Stock Analysis

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