Enzo Return On Equity from 2010 to 2024

ENZ Stock  USD 0.98  0.01  1.03%   
Enzo Biochem Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity will likely drop to -0.49 in 2024. Return On Equity is a measure of the profitability of Enzo Biochem 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
(0.46)
Current Value
(0.49)
Quarterly Volatility
0.42628718
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Enzo Biochem financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Enzo Biochem's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 187.2 K or Total Revenue of 63.1 M, as well as many indicators such as Price To Sales Ratio of 1.73, Dividend Yield of 2.0E-4 or PTB Ratio of 0.98. Enzo financial statements analysis is a perfect complement when working with Enzo Biochem Valuation or Volatility modules.
  
Check out the analysis of Enzo Biochem Correlation against competitors.
For more information on how to buy Enzo Stock please use our How to Invest in Enzo Biochem guide.

Latest Enzo Biochem's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Enzo Biochem over the last few years. Return on Equity is the amount of Enzo Biochem net income returned as a percentage of Enzo Biochem equity. Return on equity measures Enzo Biochem profitability by revealing how much profit Enzo Biochem 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. Enzo Biochem's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Enzo Biochem's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.1510 Years Trend
Very volatile
   Return On Equity   
       Timeline  

Enzo Return On Equity Regression Statistics

Arithmetic Mean(0.27)
Coefficient Of Variation(158.43)
Mean Deviation0.34
Median(0.27)
Standard Deviation0.43
Sample Variance0.18
Range1.6539
R-Value(0.05)
Mean Square Error0.20
R-Squared0
Significance0.85
Slope(0.01)
Total Sum of Squares2.54

Enzo Return On Equity History

2024 -0.49
2023 -0.46
2022 0.26
2021 -0.41
2020 0.0499
2019 -0.58
2018 -1.15

About Enzo Biochem Financial Statements

Enzo Biochem investors use historical fundamental indicators, such as Enzo Biochem'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 Enzo Biochem. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(0.46)(0.49)

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Additional Tools for Enzo Stock Analysis

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