Hennessy Return On Assets from 2010 to 2024

HCVIW Stock  USD 0.12  0.00  0.00%   
Hennessy Capital Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets will likely drop to 0.02 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Hennessy Capital Investment 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
0.02357288
Current Value
0.0201
Quarterly Volatility
0.0103584
 
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 Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Latest Hennessy Capital's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Hennessy Capital Investment 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. Hennessy Capital's Return On Assets 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.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Hennessy Return On Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation88.30
Mean Deviation0.01
Median0.01
Standard Deviation0.01
Sample Variance0.0001
Range0.037
R-Value0.57
Mean Square Error0.000078
R-Squared0.33
Significance0.03
Slope0
Total Sum of Squares0

Hennessy Return On Assets History

2024 0.0201
2023 0.0236
2022 0.0443

About Hennessy Capital Financial Statements

Hennessy Capital investors use historical fundamental indicators, such as Hennessy Capital'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 Hennessy Capital. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.02  0.02 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Hennessy Stock Analysis

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