Global Return On Equity from 2010 to 2024

GLSTU Stock  USD 11.32  0.16  1.39%   
Global Star 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 Global Star Acquisition 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
0.02071324
Current Value
0.0217
Quarterly Volatility
0.02581007
 
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 Equity Growth Pattern

Below is the plot of the Return On Equity of Global Star Acquisition over the last few years. Return on Equity is the amount of Global Star Acquisition net income returned as a percentage of Global Star equity. Return on equity measures Global Star profitability by revealing how much profit Global Star Acquisition 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. Global Star's Return On Equity 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.
ViewLast Reported 0.010 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Global Return On Equity Regression Statistics

Arithmetic Mean(0.03)
Geometric Mean0.03
Coefficient Of Variation(84.01)
Mean Deviation0.02
Median(0.04)
Standard Deviation0.03
Sample Variance0.0007
Range0.0986
R-Value0.52
Mean Square Error0.0005
R-Squared0.27
Significance0.05
Slope0
Total Sum of Squares0.01

Global Return On Equity History

2024 0.0217
2023 0.0207
2022 0.001826
2021 -0.0769

About Global Star Financial Statements

Global Star shareholders use historical fundamental indicators, such as Return On Equity, 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 Equity 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.