Core Return On Assets from 2010 to 2024

CORZZ Stock   18.19  0.69  3.94%   
Core Scientific, Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets will likely drop to -0.36 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Core Scientific, Tranche 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
(0.35)
Current Value
(0.36)
Quarterly Volatility
0.66846116
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Core Scientific, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Core Scientific,'s main balance sheet or income statement drivers, such as Tax Provision of 645.4 K, Depreciation And Amortization of 116.5 M or Interest Expense of 63.8 M, as well as many indicators such as Price To Sales Ratio of 3.06, Dividend Yield of 0.0 or Days Sales Outstanding of 0.69. Core financial statements analysis is a perfect complement when working with Core Scientific, Valuation or Volatility modules.
  
Check out the analysis of Core Scientific, Correlation against competitors.

Latest Core Scientific,'s Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Core Scientific, Tranche 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. Core Scientific,'s Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Core Scientific,'s 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  

Core Return On Assets Regression Statistics

Arithmetic Mean(0.27)
Geometric Mean0.06
Coefficient Of Variation(245.76)
Mean Deviation0.34
Median(0.07)
Standard Deviation0.67
Sample Variance0.45
Range2.6768
R-Value(0.38)
Mean Square Error0.41
R-Squared0.15
Significance0.16
Slope(0.06)
Total Sum of Squares6.26

Core Return On Assets History

2024 -0.36
2023 -0.35
2022 -2.66
2021 0.0194
2020 -4.6E-5

About Core Scientific, Financial Statements

Core Scientific, investors use historical fundamental indicators, such as Core Scientific,'s 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 Core Scientific,. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets(0.35)(0.36)

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Additional Tools for Core Stock Analysis

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