StealthGas Return On Equity from 2010 to 2024

GASS Stock  USD 5.81  0.24  3.97%   
StealthGas Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of StealthGas 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
0.09448833
Current Value
0.0992
Quarterly Volatility
0.04734448
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check StealthGas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among StealthGas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 30.4 M, Interest Expense of 11.4 M or Selling General Administrative of 9.3 M, as well as many indicators such as Price To Sales Ratio of 1.59, Dividend Yield of 0.033 or PTB Ratio of 0.57. StealthGas financial statements analysis is a perfect complement when working with StealthGas Valuation or Volatility modules.
  
Check out the analysis of StealthGas Correlation against competitors.
For more information on how to buy StealthGas Stock please use our How to Invest in StealthGas guide.

Latest StealthGas' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of StealthGas over the last few years. Return on Equity is the amount of StealthGas net income returned as a percentage of StealthGas equity. Return on equity measures StealthGas profitability by revealing how much profit StealthGas 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. StealthGas' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in StealthGas' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.1210 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

StealthGas Return On Equity Regression Statistics

Arithmetic Mean0.02
Geometric Mean0.02
Coefficient Of Variation194.99
Mean Deviation0.04
Median0.02
Standard Deviation0.05
Sample Variance0
Range0.1732
R-Value0.16
Mean Square Error0
R-Squared0.02
Significance0.58
Slope0
Total Sum of Squares0.03

StealthGas Return On Equity History

2024 0.0992
2023 0.0945
2022 0.0661
2021 -0.074
2020 0.0212
2019 0.003743
2018 -0.0219

About StealthGas Financial Statements

StealthGas shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although StealthGas investors may analyze each financial statement separately, they are all interrelated. The changes in StealthGas' assets and liabilities, for example, are also reflected in the revenues and expenses on on StealthGas' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Equity 0.09  0.10 

Thematic Opportunities

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Additional Tools for StealthGas Stock Analysis

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