Conduit Return On Equity from 2010 to 2024

CDTTW Stock   0.02  0.01  43.62%   
Conduit Pharmaceuticals Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity will likely drop to 0.61 in 2024. Return On Equity is a measure of the profitability of Conduit Pharmaceuticals 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
1.17067834
Current Value
0.61
Quarterly Volatility
0.14966606
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Conduit Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Conduit Pharmaceuticals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 159.5 K, Selling General Administrative of 4.1 M or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. Conduit financial statements analysis is a perfect complement when working with Conduit Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Conduit Pharmaceuticals Correlation against competitors.
For more information on how to buy Conduit Stock please use our How to Invest in Conduit Pharmaceuticals guide.

Latest Conduit Pharmaceuticals' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Conduit Pharmaceuticals over the last few years. Return on Equity is the amount of Conduit Pharmaceuticals net income returned as a percentage of Conduit Pharmaceuticals equity. Return on equity measures Conduit Pharmaceuticals profitability by revealing how much profit Conduit Pharmaceuticals 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. Conduit Pharmaceuticals' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Conduit Pharmaceuticals' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.010 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

Conduit Return On Equity Regression Statistics

Arithmetic Mean0.64
Geometric Mean0.63
Coefficient Of Variation23.26
Mean Deviation0.07
Median0.62
Standard Deviation0.15
Sample Variance0.02
Range0.6857
R-Value0.28
Mean Square Error0.02
R-Squared0.08
Significance0.31
Slope0.01
Total Sum of Squares0.31

Conduit Return On Equity History

2024 0.61
2023 1.17
2022 0.49

About Conduit Pharmaceuticals Financial Statements

Conduit Pharmaceuticals investors use historical fundamental indicators, such as Conduit Pharmaceuticals' 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 Conduit Pharmaceuticals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 1.17  0.61 

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Additional Tools for Conduit Stock Analysis

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