MGP Return On Assets from 2010 to 2024

MGPI Stock  USD 46.75  0.13  0.28%   
MGP Ingredients' Return On Assets are increasing with stable movements from year to year. Return On Assets are predicted to flatten to 0.04. Return On Assets is a profitability ratio that indicates the percentage of profit MGP Ingredients 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
0.07718975
Current Value
0.0402
Quarterly Volatility
0.06072913
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MGP Ingredients financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MGP Ingredients' main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.2 M, Interest Expense of 7 M or Total Revenue of 878.3 M, as well as many indicators such as Price To Sales Ratio of 2.73, Dividend Yield of 0.008 or PTB Ratio of 1.77. MGP financial statements analysis is a perfect complement when working with MGP Ingredients Valuation or Volatility modules.
  
Check out the analysis of MGP Ingredients Correlation against competitors.
For more detail on how to invest in MGP Stock please use our How to Invest in MGP Ingredients guide.

Latest MGP Ingredients' Return On Assets Growth Pattern

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

MGP Return On Assets Regression Statistics

Arithmetic Mean0.09
Geometric Mean0.07
Coefficient Of Variation69.69
Mean Deviation0.05
Median0.09
Standard Deviation0.06
Sample Variance0
Range0.2066
R-Value0.26
Mean Square Error0
R-Squared0.07
Significance0.35
Slope0
Total Sum of Squares0.05

MGP Return On Assets History

2024 0.0402
2023 0.0772
2022 0.0945
2021 0.0877
2020 0.11
2019 0.12

About MGP Ingredients Financial Statements

Investors use fundamental indicators, such as MGP Ingredients' Return On Assets, to determine how well the company is positioned to perform in the future. Although MGP Ingredients' 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 0.08  0.04 

Currently Active Assets on Macroaxis

When determining whether MGP Ingredients offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MGP Ingredients' 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 Mgp Ingredients Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mgp Ingredients Stock:
Check out the analysis of MGP Ingredients Correlation against competitors.
For more detail on how to invest in MGP Stock please use our How to Invest in MGP Ingredients guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Distillers & Vintners 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 MGP Ingredients. If investors know MGP 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 MGP Ingredients 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
0.845
Dividend Share
0.48
Earnings Share
4.82
Revenue Per Share
33.38
Quarterly Revenue Growth
(0.24)
The market value of MGP Ingredients is measured differently than its book value, which is the value of MGP that is recorded on the company's balance sheet. Investors also form their own opinion of MGP Ingredients' value that differs from its market value or its book value, called intrinsic value, which is MGP Ingredients' 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 MGP Ingredients' market value can be influenced by many factors that don't directly affect MGP Ingredients' 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 MGP Ingredients' value and its price as these two are different measures arrived at by different means. Investors typically determine if MGP Ingredients is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGP Ingredients' 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.