Natural Return On Equity from 2010 to 2024

NGS Stock  USD 27.45  0.43  1.54%   
Natural Gas Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity will likely drop to 0.02 in 2024. Return On Equity is a measure of the profitability of Natural Gas Services 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
0.02012345
Current Value
0.0191
Quarterly Volatility
0.04189114
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Natural Gas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Natural Gas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 16.2 M, Interest Expense of 4.3 M or Selling General Administrative of 17.9 M, as well as many indicators such as Price To Sales Ratio of 2.21, Dividend Yield of 0.0011 or PTB Ratio of 1.53. Natural financial statements analysis is a perfect complement when working with Natural Gas Valuation or Volatility modules.
  
Check out the analysis of Natural Gas Correlation against competitors.

Latest Natural Gas' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Natural Gas Services over the last few years. Return on Equity is the amount of Natural Gas Services net income returned as a percentage of Natural Gas equity. Return on equity measures Natural Gas profitability by revealing how much profit Natural Gas Services 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. Natural Gas' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Natural Gas' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.055410 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Natural Return On Equity Regression Statistics

Arithmetic Mean0.03
Coefficient Of Variation142.39
Mean Deviation0.03
Median0.03
Standard Deviation0.04
Sample Variance0
Range0.1331
R-Value(0.69)
Mean Square Error0.001
R-Squared0.47
Significance0
Slope(0.01)
Total Sum of Squares0.02

Natural Return On Equity History

2024 0.0191
2023 0.0201
2022 -0.002473
2021 -0.0389
2020 0.007188
2019 -0.056
2018 0.001637

About Natural Gas Financial Statements

Natural Gas shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Natural Gas investors may analyze each financial statement separately, they are all interrelated. The changes in Natural Gas' assets and liabilities, for example, are also reflected in the revenues and expenses on on Natural Gas' 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 0.02  0.02 

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Additional Tools for Natural Stock Analysis

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