Heico Return On Assets from 2010 to 2024

HEI Stock  USD 279.02  1.67  0.60%   
Heico's Return On Assets are decreasing with slightly volatile movements from year to year. Return On Assets are estimated to finish at 0.06 this year. Return On Assets is a profitability ratio that indicates the percentage of profit Heico 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
0.0505
Current Value
0.0571
Quarterly Volatility
0.01629445
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Heico financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Heico's main balance sheet or income statement drivers, such as Depreciation And Amortization of 155.2 M, Interest Expense of 88.1 M or Total Revenue of 3.6 B, as well as many indicators such as Price To Sales Ratio of 6.92, Dividend Yield of 0.0014 or PTB Ratio of 6.53. Heico financial statements analysis is a perfect complement when working with Heico Valuation or Volatility modules.
  
Check out the analysis of Heico Correlation against competitors.
For more detail on how to invest in Heico Stock please use our How to Invest in Heico guide.

Latest Heico's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Heico 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. Heico's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Heico'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  

Heico Return On Assets Regression Statistics

Arithmetic Mean0.08
Geometric Mean0.08
Coefficient Of Variation20.88
Mean Deviation0.01
Median0.08
Standard Deviation0.02
Sample Variance0.0003
Range0.0599
R-Value(0.30)
Mean Square Error0.0003
R-Squared0.09
Significance0.28
Slope(0)
Total Sum of Squares0

Heico Return On Assets History

2024 0.0571
2023 0.0505
2022 0.0561
2021 0.0859
2020 0.087
2019 0.0885
2018 0.11

About Heico Financial Statements

Investors use fundamental indicators, such as Heico's Return On Assets, to determine how well the company is positioned to perform in the future. Although Heico'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 Assets 0.05  0.06 

Currently Active Assets on Macroaxis

When determining whether Heico offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Heico's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Heico Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Heico Stock:
Check out the analysis of Heico Correlation against competitors.
For more detail on how to invest in Heico Stock please use our How to Invest in Heico guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Aerospace & Defense 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 Heico. If investors know Heico 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 Heico 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
0.311
Dividend Share
0.21
Earnings Share
3.4
Revenue Per Share
27.329
Quarterly Revenue Growth
0.373
The market value of Heico is measured differently than its book value, which is the value of Heico that is recorded on the company's balance sheet. Investors also form their own opinion of Heico's value that differs from its market value or its book value, called intrinsic value, which is Heico'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 Heico's market value can be influenced by many factors that don't directly affect Heico'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 Heico's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heico is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heico'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.