Donegal Return On Assets from 2010 to 2024

DGICA Stock  USD 16.64  0.21  1.28%   
Donegal Group's Return On Assets are decreasing over the years with stable fluctuation. Return On Assets are expected to dwindle to 0. Return On Assets is a profitability ratio that indicates the percentage of profit Donegal Group A 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
0.00195275
Current Value
0.001855
Quarterly Volatility
0.01159666
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Donegal Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Donegal Group's main balance sheet or income statement drivers, such as Interest Expense of 1.2 M, Total Revenue of 973.7 M or Gross Profit of 973.7 M, as well as many indicators such as Price To Sales Ratio of 0.47, Dividend Yield of 0.0497 or PTB Ratio of 1.41. Donegal financial statements analysis is a perfect complement when working with Donegal Group Valuation or Volatility modules.
  
Check out the analysis of Donegal Group Correlation against competitors.

Latest Donegal Group's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Donegal Group A 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. Donegal Group's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Donegal Group's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Pretty Stable
   Return On Assets   
       Timeline  

Donegal Return On Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation128.84
Mean Deviation0.01
Median0.01
Standard Deviation0.01
Sample Variance0.0001
Range0.0424
R-Value(0.13)
Mean Square Error0.0001
R-Squared0.02
Significance0.63
Slope(0.0003)
Total Sum of Squares0

Donegal Return On Assets History

2024 0.001855
2023 0.001953
2022 -8.73E-4
2021 0.0112
2020 0.0244
2019 0.0245
2018 -0.0179

About Donegal Group Financial Statements

Donegal Group stakeholders use historical fundamental indicators, such as Donegal Group's Return On Assets, to determine how well the company is positioned to perform in the future. Although Donegal Group investors may analyze each financial statement separately, they are all interrelated. For example, changes in Donegal Group's assets and liabilities are reflected in the revenues and expenses on Donegal Group's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Donegal Group A. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year

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When determining whether Donegal Group A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Donegal Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Donegal Group A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Donegal Group A Stock:
Check out the analysis of Donegal Group Correlation against competitors.
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Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Donegal Group. If investors know Donegal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Donegal Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.057
Dividend Share
0.685
Earnings Share
0.75
Revenue Per Share
29.304
Quarterly Revenue Growth
0.076
The market value of Donegal Group A is measured differently than its book value, which is the value of Donegal that is recorded on the company's balance sheet. Investors also form their own opinion of Donegal Group's value that differs from its market value or its book value, called intrinsic value, which is Donegal Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Donegal Group's market value can be influenced by many factors that don't directly affect Donegal Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Donegal Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Donegal Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Donegal Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.