Atlas Return On Equity from 2010 to 2024

ATLX Stock  USD 7.93  0.16  2.06%   
Atlas Lithium Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Atlas Lithium 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
-4.7 K
Current Value
-4.4 K
Quarterly Volatility
1.6 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Atlas Lithium financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Atlas Lithium's main balance sheet or income statement drivers, such as Selling General Administrative of 10.8 B, Other Operating Expenses of 44.7 B or Total Operating Expenses of 44.4 B, as well as many indicators such as Price To Sales Ratio of 4.5 K, Dividend Yield of 0.0 or PTB Ratio of 37.18. Atlas financial statements analysis is a perfect complement when working with Atlas Lithium Valuation or Volatility modules.
  
Check out the analysis of Atlas Lithium Correlation against competitors.
For more information on how to buy Atlas Stock please use our How to Invest in Atlas Lithium guide.

Latest Atlas Lithium's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Atlas Lithium over the last few years. Return on Equity is the amount of Atlas Lithium net income returned as a percentage of Atlas Lithium equity. Return on equity measures Atlas Lithium profitability by revealing how much profit Atlas Lithium 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. Atlas Lithium's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Atlas Lithium's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -3.310 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Atlas Return On Equity Regression Statistics

Arithmetic Mean(605.20)
Coefficient Of Variation(264.02)
Mean Deviation1,049
Median0.43
Standard Deviation1,598
Sample Variance2.6M
Range4.7K
R-Value(0.59)
Mean Square Error1.8M
R-Squared0.35
Significance0.02
Slope(210.25)
Total Sum of Squares35.7M

Atlas Return On Equity History

2024 -4422.88
2023 -4655.67
2022 -2.73
2021 2.76
2020 0.43
2019 0.95
2018 0.63

About Atlas Lithium Financial Statements

Atlas Lithium investors use historical fundamental indicators, such as Atlas Lithium's Return On Equity, 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 Atlas Lithium. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity-4.7 K-4.4 K

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Additional Tools for Atlas Stock Analysis

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