Richardson Return On Assets from 2010 to 2024

RELL Stock  USD 14.14  0.10  0.70%   
Richardson Electronics Return On Assets yearly trend continues to be quite stable with very little volatility. The value of Return On Assets are projected to decrease to -0.0025. Return On Assets is a profitability ratio that indicates the percentage of profit Richardson Electronics 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
0.00031697
Current Value
(0)
Quarterly Volatility
0.02531016
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Richardson Electronics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Richardson Electronics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.1 M, Interest Expense of 40.2 K or Total Revenue of 297.8 M, as well as many indicators such as Price To Sales Ratio of 1.05, Dividend Yield of 0.0232 or PTB Ratio of 0.82. Richardson financial statements analysis is a perfect complement when working with Richardson Electronics Valuation or Volatility modules.
  
Check out the analysis of Richardson Electronics Correlation against competitors.
For more information on how to buy Richardson Stock please use our How to buy in Richardson Stock guide.

Latest Richardson Electronics' Return On Assets Growth Pattern

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

Richardson Return On Assets Regression Statistics

Arithmetic Mean(0.02)
Coefficient Of Variation(140.06)
Mean Deviation0.02
Median0.0003
Standard Deviation0.03
Sample Variance0.0006
Range0.0536
R-Value0.20
Mean Square Error0.0007
R-Squared0.04
Significance0.48
Slope0
Total Sum of Squares0.01

Richardson Return On Assets History

2024 -0.00253
2019 3.17E-4
2013 -0.0479

About Richardson Electronics Financial Statements

Richardson Electronics investors utilize fundamental indicators, such as Return On Assets, to predict how Richardson Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Richardson Electronics is a strong investment it is important to analyze Richardson Electronics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Richardson Electronics' future performance. For an informed investment choice regarding Richardson Stock, refer to the following important reports:
Check out the analysis of Richardson Electronics Correlation against competitors.
For more information on how to buy Richardson Stock please use our How to buy in Richardson Stock guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Electronic Equipment, Instruments & Components 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 Richardson Electronics. If investors know Richardson 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 Richardson Electronics 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
(0.52)
Dividend Share
0.24
Earnings Share
(0.05)
Revenue Per Share
13.846
Quarterly Revenue Growth
0.022
The market value of Richardson Electronics is measured differently than its book value, which is the value of Richardson that is recorded on the company's balance sheet. Investors also form their own opinion of Richardson Electronics' value that differs from its market value or its book value, called intrinsic value, which is Richardson Electronics' 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 Richardson Electronics' market value can be influenced by many factors that don't directly affect Richardson Electronics' 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 Richardson Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Richardson Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Richardson Electronics' 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.