Euronav Return On Equity from 2010 to 2024

CMBT Stock   11.02  0.03  0.27%   
Euronav NV Return On Equity yearly trend continues to be comparatively 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 Euronav NV 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
0.364276
Current Value
0.38
Quarterly Volatility
0.17025992
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Euronav NV financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Euronav NV's main balance sheet or income statement drivers, such as Depreciation And Amortization of 202.3 M, Interest Expense of 71.2 M or Selling General Administrative of 39.6 M, as well as many indicators such as Price To Sales Ratio of 1.7, Dividend Yield of 0.19 or PTB Ratio of 1.18. Euronav financial statements analysis is a perfect complement when working with Euronav NV Valuation or Volatility modules.
  
Check out the analysis of Euronav NV Correlation against competitors.
For more information on how to buy Euronav Stock please use our How to Invest in Euronav NV guide.

Latest Euronav NV's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Euronav NV over the last few years. Return on Equity is the amount of Euronav NV net income returned as a percentage of Euronav NV equity. Return on equity measures Euronav NV profitability by revealing how much profit Euronav NV 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. Euronav NV's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Euronav NV's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.7410 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Euronav Return On Equity Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.08
Coefficient Of Variation307.17
Mean Deviation0.13
Median0.05
Standard Deviation0.17
Sample Variance0.03
Range0.5528
R-Value0.59
Mean Square Error0.02
R-Squared0.35
Significance0.02
Slope0.02
Total Sum of Squares0.41

Euronav Return On Equity History

2024 0.38
2023 0.36
2022 0.0935
2021 -0.17
2020 0.2
2019 0.0485
2018 -0.0487

About Euronav NV Financial Statements

Euronav NV shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Euronav NV investors may analyze each financial statement separately, they are all interrelated. The changes in Euronav NV's assets and liabilities, for example, are also reflected in the revenues and expenses on on Euronav NV's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Equity 0.36  0.38 

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Additional Tools for Euronav Stock Analysis

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