Durect Return On Equity from 2010 to 2024

DRRX Stock  USD 0.97  0.04  3.96%   
Durect Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity will likely drop to -1.96 in 2024. Return On Equity is a measure of the profitability of Durect 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
(1.87)
Current Value
(1.96)
Quarterly Volatility
1.53399586
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Durect financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Durect's main balance sheet or income statement drivers, such as Depreciation And Amortization of 140.6 K, Interest Expense of 1.9 M or Total Revenue of 8.1 M, as well as many indicators such as Price To Sales Ratio of 1.72, Dividend Yield of 0.0 or PTB Ratio of 1.0. Durect financial statements analysis is a perfect complement when working with Durect Valuation or Volatility modules.
  
Check out the analysis of Durect Correlation against competitors.
For more information on how to buy Durect Stock please use our How to Invest in Durect guide.

Latest Durect's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Durect over the last few years. Return on Equity is the amount of Durect net income returned as a percentage of Durect equity. Return on equity measures Durect profitability by revealing how much profit Durect 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. Durect's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Durect's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -3.010 Years Trend
Very volatile
   Return On Equity   
       Timeline  

Durect Return On Equity Regression Statistics

Arithmetic Mean(1.42)
Geometric Mean0.91
Coefficient Of Variation(107.85)
Mean Deviation1.04
Median(1.19)
Standard Deviation1.53
Sample Variance2.35
Range5.8428
R-Value0.09
Mean Square Error2.51
R-Squared0.01
Significance0.75
Slope0.03
Total Sum of Squares32.94

Durect Return On Equity History

2024 -1.96
2023 -1.87
2022 -1.42
2021 -0.66
2020 -0.0629
2019 -1.0
2018 -1.27

About Durect Financial Statements

Durect investors use historical fundamental indicators, such as Durect's Return On Equity, 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 Durect. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(1.87)(1.96)

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Additional Tools for Durect Stock Analysis

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