Global Return On Assets from 2010 to 2024

GLST Stock   11.50  0.19  1.63%   
Global Star Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Global Star Acquisition, earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.01822267
Current Value
0.0191
Quarterly Volatility
0.02090278
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Global Star financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global Star's main balance sheet or income statement drivers, such as Net Interest Income of 4.2 M, Interest Income of 4.2 M or Depreciation And Amortization of 2 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.14. Global financial statements analysis is a perfect complement when working with Global Star Valuation or Volatility modules.
  
Check out the analysis of Global Star Correlation against competitors.

Latest Global Star's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Global Star Acquisition, over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Global Star's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Global Star's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Global Return On Assets Regression Statistics

Arithmetic Mean(0.03)
Geometric Mean0.03
Coefficient Of Variation(80.62)
Mean Deviation0.02
Median(0.04)
Standard Deviation0.02
Sample Variance0.0004
Range0.0561
R-Value0.75
Mean Square Error0.0002
R-Squared0.56
Significance0
Slope0
Total Sum of Squares0.01

Global Return On Assets History

2024 0.0191
2023 0.0182
2022 0.001753
2021 -0.021

About Global Star Financial Statements

Global Star shareholders use historical fundamental indicators, such as Return On Assets, to determine how well the company is positioned to perform in the future. Although Global Star investors may analyze each financial statement separately, they are all interrelated. The changes in Global Star's assets and liabilities, for example, are also reflected in the revenues and expenses on on Global Star's 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 Assets 0.02  0.02 

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Additional Tools for Global Stock Analysis

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