IDT Return On Equity from 2010 to 2024

IDT Stock  USD 51.19  0.97  1.93%   
IDT 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 IDT Corporation 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
0.26181336
Current Value
0.27
Quarterly Volatility
0.688824
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check IDT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IDT's main balance sheet or income statement drivers, such as Depreciation And Amortization of 31.2 M, Interest Expense of 124.8 K or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.0029 or PTB Ratio of 3.74. IDT financial statements analysis is a perfect complement when working with IDT Valuation or Volatility modules.
  
Check out the analysis of IDT Correlation against competitors.

Latest IDT's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of IDT Corporation over the last few years. Return on Equity is the amount of IDT Corporation net income returned as a percentage of IDT equity. Return on equity measures IDT profitability by revealing how much profit IDT Corporation 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. IDT's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in IDT's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.2910 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

IDT Return On Equity Regression Statistics

Arithmetic Mean0.08
Coefficient Of Variation892.70
Mean Deviation0.33
Median0.19
Standard Deviation0.69
Sample Variance0.47
Range2.9647
R-Value0.41
Mean Square Error0.42
R-Squared0.17
Significance0.13
Slope0.06
Total Sum of Squares6.64

IDT Return On Equity History

2024 0.27
2023 0.26
2022 0.21
2021 0.16
2020 0.59
2019 0.29
2018 0.005867

About IDT Financial Statements

IDT shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although IDT investors may analyze each financial statement separately, they are all interrelated. The changes in IDT's assets and liabilities, for example, are also reflected in the revenues and expenses on on IDT'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 0.26  0.27 

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Additional Tools for IDT Stock Analysis

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