OFS Return On Equity from 2010 to 2024

OCCI Stock  USD 7.14  0.03  0.42%   
OFS Credit's Return On Equity is decreasing with stable movements from year to year. Return On Equity is predicted to flatten to -0.01. Return On Equity is a measure of the profitability of OFS Credit 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
(0.01)
Current Value
(0.01)
Quarterly Volatility
0.08068805
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check OFS Credit financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OFS Credit's main balance sheet or income statement drivers, such as Interest Income of 37.1 M, Interest Expense of 2.5 M or Selling General Administrative of 2.2 M, as well as many indicators such as Price To Sales Ratio of 70.5, Dividend Yield of 0.084 or PTB Ratio of 0.51. OFS financial statements analysis is a perfect complement when working with OFS Credit Valuation or Volatility modules.
  
Check out the analysis of OFS Credit Correlation against competitors.
For more detail on how to invest in OFS Stock please use our How to Invest in OFS Credit guide.

Latest OFS Credit's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of OFS Credit over the last few years. Return on Equity is the amount of OFS Credit net income returned as a percentage of OFS Credit equity. Return on equity measures OFS Credit profitability by revealing how much profit OFS Credit 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. OFS Credit's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in OFS Credit's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.110 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

OFS Return On Equity Regression Statistics

Arithmetic Mean(0.01)
Geometric Mean0.02
Coefficient Of Variation(561.65)
Mean Deviation0.05
Median0.01
Standard Deviation0.08
Sample Variance0.01
Range0.3592
R-Value(0.16)
Mean Square Error0.01
R-Squared0.02
Significance0.58
Slope(0)
Total Sum of Squares0.09

OFS Return On Equity History

2024 -0.0148
2023 -0.0141
2022 -0.0157
2021 -0.14
2020 0.19
2019 -0.0887
2018 -0.17

About OFS Credit Financial Statements

Investors use fundamental indicators, such as OFS Credit's Return On Equity, to determine how well the company is positioned to perform in the future. Although OFS Credit'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 Equity(0.01)(0.01)

Currently Active Assets on Macroaxis

When determining whether OFS Credit offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OFS Credit'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 Ofs Credit Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ofs Credit Stock:
Check out the analysis of OFS Credit Correlation against competitors.
For more detail on how to invest in OFS Stock please use our How to Invest in OFS Credit guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Asset Management & Custody Banks 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 OFS Credit. If investors know OFS 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 OFS Credit 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
4.279
Dividend Share
1.465
Earnings Share
0.68
Revenue Per Share
1.976
Quarterly Revenue Growth
0.031
The market value of OFS Credit is measured differently than its book value, which is the value of OFS that is recorded on the company's balance sheet. Investors also form their own opinion of OFS Credit's value that differs from its market value or its book value, called intrinsic value, which is OFS Credit'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 OFS Credit's market value can be influenced by many factors that don't directly affect OFS Credit'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 OFS Credit's value and its price as these two are different measures arrived at by different means. Investors typically determine if OFS Credit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OFS Credit'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.