Hennessy Return On Equity from 2010 to 2024

HCVI Stock  USD 10.52  0.01  0.1%   
Hennessy Capital's Return On Equity is increasing with slightly volatile movements from year to year. Return On Equity is predicted to flatten to 0.02. Return On Equity is a measure of the profitability of Hennessy Capital Investment 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
0.02422047
Current Value
0.0209
Quarterly Volatility
0.0106573
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hennessy Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hennessy Capital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.1 M, Interest Expense of 11.9 M or Selling General Administrative of 2.7 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.19. Hennessy financial statements analysis is a perfect complement when working with Hennessy Capital Valuation or Volatility modules.
  
Check out the analysis of Hennessy Capital Correlation against competitors.

Latest Hennessy Capital's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Hennessy Capital Investment over the last few years. Return on Equity is the amount of Hennessy Capital Inv net income returned as a percentage of Hennessy Capital equity. Return on equity measures Hennessy Capital profitability by revealing how much profit Hennessy Capital Investment 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. Hennessy Capital's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hennessy Capital'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  

Hennessy Return On Equity Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation85.42
Mean Deviation0.01
Median0.01
Standard Deviation0.01
Sample Variance0.0001
Range0.0382
R-Value0.57
Mean Square Error0.000083
R-Squared0.32
Significance0.03
Slope0
Total Sum of Squares0

Hennessy Return On Equity History

2024 0.0209
2023 0.0242
2022 0.0462

About Hennessy Capital Financial Statements

Investors use fundamental indicators, such as Hennessy Capital's Return On Equity, to determine how well the company is positioned to perform in the future. Although Hennessy Capital's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Equity 0.02  0.02 

Currently Active Assets on Macroaxis

When determining whether Hennessy Capital Inv is a strong investment it is important to analyze Hennessy Capital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hennessy Capital's future performance. For an informed investment choice regarding Hennessy Stock, refer to the following important reports:
Check out the analysis of Hennessy Capital Correlation against competitors.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hennessy Capital. If investors know Hennessy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hennessy Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.392
Earnings Share
(1.05)
Return On Assets
(0.02)
The market value of Hennessy Capital Inv is measured differently than its book value, which is the value of Hennessy that is recorded on the company's balance sheet. Investors also form their own opinion of Hennessy Capital's value that differs from its market value or its book value, called intrinsic value, which is Hennessy Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hennessy Capital's market value can be influenced by many factors that don't directly affect Hennessy Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hennessy Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hennessy Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hennessy Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.