Solo Return On Equity from 2010 to 2024
DTC Stock | USD 1.27 0.08 6.72% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.46) | Current Value (0.44) | Quarterly Volatility 0.17988972 |
Check Solo Brands financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Solo Brands' main balance sheet or income statement drivers, such as Tax Provision of 997.5 K, Interest Income of 5.5 M or Depreciation And Amortization of 16.9 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0212 or PTB Ratio of 1.47. Solo financial statements analysis is a perfect complement when working with Solo Brands Valuation or Volatility modules.
Solo | Return On Equity |
Latest Solo Brands' Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Solo Brands over the last few years. Return on Equity is the amount of Solo Brands net income returned as a percentage of Solo Brands equity. Return on equity measures Solo Brands profitability by revealing how much profit Solo Brands 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. Solo Brands' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Solo Brands' overall financial position and show how it may be relating to other accounts over time.
View | Last Reported -0.8 | 10 Years Trend |
|
Return On Equity |
Timeline |
Solo Return On Equity Regression Statistics
Arithmetic Mean | (0.32) | |
Geometric Mean | 0.28 | |
Coefficient Of Variation | (55.70) | |
Mean Deviation | 0.13 | |
Median | (0.40) | |
Standard Deviation | 0.18 | |
Sample Variance | 0.03 | |
Range | 0.5963 | |
R-Value | 0.38 | |
Mean Square Error | 0.03 | |
R-Squared | 0.15 | |
Significance | 0.16 | |
Slope | 0.02 | |
Total Sum of Squares | 0.45 |
Solo Return On Equity History
About Solo Brands Financial Statements
Solo Brands stakeholders use historical fundamental indicators, such as Solo Brands' Return On Equity, to determine how well the company is positioned to perform in the future. Although Solo Brands investors may analyze each financial statement separately, they are all interrelated. For example, changes in Solo Brands' assets and liabilities are reflected in the revenues and expenses on Solo Brands' 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 Solo Brands. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Return On Equity | (0.46) | (0.44) |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Solo Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Solo Brands' 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 Solo Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Solo Brands Stock:Check out the analysis of Solo Brands Correlation against competitors. For information on how to trade Solo Stock refer to our How to Trade Solo Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Leisure Products 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 Solo Brands. If investors know Solo 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 Solo Brands 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 (0.98) | Earnings Share (3.35) | Revenue Per Share 8.184 | Quarterly Revenue Growth (0.15) | Return On Assets (0.03) |
The market value of Solo Brands is measured differently than its book value, which is the value of Solo that is recorded on the company's balance sheet. Investors also form their own opinion of Solo Brands' value that differs from its market value or its book value, called intrinsic value, which is Solo Brands' 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 Solo Brands' market value can be influenced by many factors that don't directly affect Solo Brands' 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 Solo Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Solo Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solo Brands' 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.