ECD Return On Equity from 2010 to 2024
ECDA Stock | 0.97 0.01 1.02% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.1598967 | Current Value 0.17 | Quarterly Volatility 0.17149419 |
Check ECD Automotive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ECD Automotive's main balance sheet or income statement drivers, such as Depreciation And Amortization of 285.4 K, Selling General Administrative of 4.4 M or Selling And Marketing Expenses of 377.4 K, as well as many indicators such as Price To Sales Ratio of 1.61, Dividend Yield of 0.1 or Days Sales Outstanding of 5.58. ECD financial statements analysis is a perfect complement when working with ECD Automotive Valuation or Volatility modules.
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Latest ECD Automotive's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of ECD Automotive Design over the last few years. Return on Equity is the amount of ECD Automotive Design net income returned as a percentage of ECD Automotive equity. Return on equity measures ECD Automotive profitability by revealing how much profit ECD Automotive Design 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. ECD Automotive's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ECD Automotive's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 0.0 | 10 Years Trend |
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Return On Equity |
Timeline |
ECD Return On Equity Regression Statistics
Arithmetic Mean | (0.23) | |
Coefficient Of Variation | (75.83) | |
Mean Deviation | 0.13 | |
Median | (0.31) | |
Standard Deviation | 0.17 | |
Sample Variance | 0.03 | |
Range | 0.4757 | |
R-Value | 0.69 | |
Mean Square Error | 0.02 | |
R-Squared | 0.47 | |
Significance | 0 | |
Slope | 0.03 | |
Total Sum of Squares | 0.41 |
ECD Return On Equity History
About ECD Automotive Financial Statements
ECD Automotive stakeholders use historical fundamental indicators, such as ECD Automotive's Return On Equity, to determine how well the company is positioned to perform in the future. Although ECD Automotive investors may analyze each financial statement separately, they are all interrelated. For example, changes in ECD Automotive's assets and liabilities are reflected in the revenues and expenses on ECD Automotive'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 ECD Automotive Design. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Return On Equity | 0.16 | 0.17 |
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 ECD Automotive Design is a strong investment it is important to analyze ECD Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ECD Automotive's future performance. For an informed investment choice regarding ECD Stock, refer to the following important reports:Check out the analysis of ECD Automotive Correlation against competitors. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Automobile Manufacturers 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 ECD Automotive. If investors know ECD 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 ECD Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.09) | Revenue Per Share 0.893 | Quarterly Revenue Growth 1.294 | Return On Assets 0.0181 |
The market value of ECD Automotive Design is measured differently than its book value, which is the value of ECD that is recorded on the company's balance sheet. Investors also form their own opinion of ECD Automotive's value that differs from its market value or its book value, called intrinsic value, which is ECD Automotive'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 ECD Automotive's market value can be influenced by many factors that don't directly affect ECD Automotive'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 ECD Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if ECD Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ECD Automotive'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.