Cemtrex Return On Equity from 2010 to 2024
| CETX Stock | USD 0.20 0.03 13.04% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (1.38) | Current Value (1.31) | Quarterly Volatility 0.71715196 |
Check Cemtrex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cemtrex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 614.5 K, Interest Expense of 6 M or Total Revenue of 45.7 M, as well as many indicators such as Price To Sales Ratio of 4.59, Dividend Yield of 2.0E-4 or PTB Ratio of 35.46. Cemtrex financial statements analysis is a perfect complement when working with Cemtrex Valuation or Volatility modules.
Cemtrex | Return On Equity |
Latest Cemtrex's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Cemtrex over the last few years. Return on Equity is the amount of Cemtrex net income returned as a percentage of Cemtrex equity. Return on equity measures Cemtrex profitability by revealing how much profit Cemtrex 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. Cemtrex's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cemtrex's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported -3.19 | 10 Years Trend |
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Return On Equity |
| Timeline |
Cemtrex Return On Equity Regression Statistics
| Arithmetic Mean | (0.22) | |
| Coefficient Of Variation | (333.48) | |
| Mean Deviation | 0.59 | |
| Median | 0.02 | |
| Standard Deviation | 0.72 | |
| Sample Variance | 0.51 | |
| Range | 2.1631 | |
| R-Value | (0.88) | |
| Mean Square Error | 0.12 | |
| R-Squared | 0.78 | |
| Significance | 0.000012 | |
| Slope | (0.14) | |
| Total Sum of Squares | 7.20 |
Cemtrex Return On Equity History
About Cemtrex Financial Statements
Cemtrex investors use historical fundamental indicators, such as Cemtrex'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 Cemtrex. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (1.38) | (1.31) |
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When running Cemtrex's price analysis, check to measure Cemtrex'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 Cemtrex is operating at the current time. Most of Cemtrex's value examination focuses on studying past and present price action to predict the probability of Cemtrex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cemtrex's price. Additionally, you may evaluate how the addition of Cemtrex to your portfolios can decrease your overall portfolio volatility.