CNX Return On Assets from 2010 to 2024

CNX Stock  USD 41.09  0.45  1.11%   
CNX Resources Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit CNX Resources Corp 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
0.19946498
Current Value
0.21
Quarterly Volatility
0.08652493
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CNX Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CNX Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 387.2 M, Interest Expense of 165.5 M or Selling General Administrative of 142.4 M, as well as many indicators such as Price To Sales Ratio of 1.18, Dividend Yield of 6.0E-4 or PTB Ratio of 0.71. CNX financial statements analysis is a perfect complement when working with CNX Resources Valuation or Volatility modules.
  
Check out the analysis of CNX Resources Correlation against competitors.

Latest CNX Resources' Return On Assets Growth Pattern

Below is the plot of the Return On Assets of CNX Resources Corp 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. CNX Resources' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CNX Resources' 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  

CNX Return On Assets Regression Statistics

Arithmetic Mean0.03
Coefficient Of Variation278.67
Mean Deviation0.06
Median0.01
Standard Deviation0.09
Sample Variance0.01
Range0.3023
R-Value0.30
Mean Square Error0.01
R-Squared0.09
Significance0.27
Slope0.01
Total Sum of Squares0.10

CNX Return On Assets History

2024 0.21
2023 0.2
2022 -0.0167
2021 -0.0616
2020 -0.0533
2019 0.003526
2018 0.0927

About CNX Resources Financial Statements

CNX Resources investors use historical fundamental indicators, such as CNX Resources' 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 CNX Resources. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.20  0.21 

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Additional Tools for CNX Stock Analysis

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