Cross Return On Equity from 2010 to 2024

CRT Stock  USD 11.10  0.72  6.94%   
Cross Timbers 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 Cross Timbers Royalty 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
4.32248895
Current Value
4.54
Quarterly Volatility
1.44304932
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cross Timbers financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cross Timbers' main balance sheet or income statement drivers, such as Interest Expense of 203, Total Revenue of 13.4 M or Gross Profit of 26.7 B, as well as many indicators such as Price To Sales Ratio of 8.7, Dividend Yield of 0.11 or PTB Ratio of 41.41. Cross financial statements analysis is a perfect complement when working with Cross Timbers Valuation or Volatility modules.
  
Check out the analysis of Cross Timbers Correlation against competitors.

Latest Cross Timbers' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Cross Timbers Royalty over the last few years. Return on Equity is the amount of Cross Timbers Royalty net income returned as a percentage of Cross Timbers equity. Return on equity measures Cross Timbers profitability by revealing how much profit Cross Timbers Royalty 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. Cross Timbers' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cross Timbers' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.8910 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Cross Return On Equity Regression Statistics

Arithmetic Mean1.63
Geometric Mean1.14
Coefficient Of Variation88.39
Mean Deviation1.11
Median1.18
Standard Deviation1.44
Sample Variance2.08
Range4.4078
R-Value0.71
Mean Square Error1.13
R-Squared0.50
Significance0
Slope0.23
Total Sum of Squares29.15

Cross Return On Equity History

2024 4.54
2023 4.32
2022 3.96
2021 2.04
2020 0.62
2018 1.0
2017 0.65

About Cross Timbers Financial Statements

Cross Timbers shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Cross Timbers investors may analyze each financial statement separately, they are all interrelated. The changes in Cross Timbers' assets and liabilities, for example, are also reflected in the revenues and expenses on on Cross Timbers' 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 4.32  4.54 

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Additional Tools for Cross Stock Analysis

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