GROW Return On Assets from 2010 to 2024

GROW Stock  USD 2.49  0.06  2.47%   
US Global Return On Assets yearly trend continues to be fairly 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 US Global Investors 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
0.02565287
Current Value
0.035
Quarterly Volatility
0.16781103
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check US Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among US Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 186.2 K, Interest Expense of 2.9 K or Selling General Administrative of 7 M, as well as many indicators such as Price To Sales Ratio of 2.43, Dividend Yield of 0.0294 or PTB Ratio of 0.71. GROW financial statements analysis is a perfect complement when working with US Global Valuation or Volatility modules.
  
Check out the analysis of US Global Correlation against competitors.

Latest US Global's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of US Global Investors 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. US Global's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in US Global's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Pretty Stable
   Return On Assets   
       Timeline  

GROW Return On Assets Regression Statistics

Arithmetic Mean0
Geometric Mean0.05
Coefficient Of Variation5,395
Mean Deviation0.10
Median(0.01)
Standard Deviation0.17
Sample Variance0.03
Range0.7505
R-Value0.26
Mean Square Error0.03
R-Squared0.07
Significance0.34
Slope0.01
Total Sum of Squares0.39

GROW Return On Assets History

2024 0.035
2023 0.0257
2022 0.0566
2021 0.0906
2020 0.51
2019 -0.24

About US Global Financial Statements

US Global investors use historical fundamental indicators, such as US Global's Return On Assets, 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 US Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.03  0.04 

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Additional Tools for GROW Stock Analysis

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