Cartesian Net Income from 2010 to 2024

RENE Stock  USD 11.64  0.02  0.17%   
Cartesian Growth's Net Income is increasing over the years with slightly volatile fluctuation. Net Income is expected to dwindle to about 8.1 M. During the period from 2010 to 2024 Cartesian Growth Net Income annual values regression line had geometric mean of  54,689 and mean square error of 10.3 T. View All Fundamentals
 
Net Income  
First Reported
2010-12-31
Previous Quarter
11.4 M
Current Value
8.1 M
Quarterly Volatility
4.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cartesian Growth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cartesian Growth's main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.1 M, Other Operating Expenses of 2.1 M or EBITDA of 12 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.85. Cartesian financial statements analysis is a perfect complement when working with Cartesian Growth Valuation or Volatility modules.
  
Check out the analysis of Cartesian Growth Correlation against competitors.
For information on how to trade Cartesian Stock refer to our How to Trade Cartesian Stock guide.

Latest Cartesian Growth's Net Income Growth Pattern

Below is the plot of the Net Income of Cartesian Growth over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Cartesian Growth financial statement analysis. It represents the amount of money remaining after all of Cartesian Growth operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Cartesian Growth's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cartesian Growth's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 11.44 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Cartesian Net Income Regression Statistics

Arithmetic Mean1,990,615
Geometric Mean54,689
Coefficient Of Variation211.21
Mean Deviation3,208,836
Median(14,908)
Standard Deviation4,204,421
Sample Variance17.7T
Range11.5M
R-Value0.68
Mean Square Error10.3T
R-Squared0.46
Significance0.01
Slope635,750
Total Sum of Squares247.5T

Cartesian Net Income History

20248.1 M
202311.4 M
202210.5 M

Other Fundumenentals of Cartesian Growth

Cartesian Growth Net Income component correlations

About Cartesian Growth Financial Statements

Cartesian Growth stakeholders use historical fundamental indicators, such as Cartesian Growth's Net Income, to determine how well the company is positioned to perform in the future. Although Cartesian Growth investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cartesian Growth's assets and liabilities are reflected in the revenues and expenses on Cartesian Growth's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Cartesian Growth. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Loss-13.4 K-14.1 K
Net Income11.4 MM
Net Income From Continuing Ops8.7 M7.5 M
Net Income Per Share 0.41  0.21 
Net Income Per E B T 1.93  1.71 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Cartesian Growth is a strong investment it is important to analyze Cartesian Growth's 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 Cartesian Growth's future performance. For an informed investment choice regarding Cartesian Stock, refer to the following important reports:
Check out the analysis of Cartesian Growth Correlation against competitors.
For information on how to trade Cartesian Stock refer to our How to Trade Cartesian Stock 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 Cartesian Growth. If investors know Cartesian 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 Cartesian Growth 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
(0.25)
Earnings Share
0.44
Return On Assets
(0.01)
The market value of Cartesian Growth is measured differently than its book value, which is the value of Cartesian that is recorded on the company's balance sheet. Investors also form their own opinion of Cartesian Growth's value that differs from its market value or its book value, called intrinsic value, which is Cartesian Growth'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 Cartesian Growth's market value can be influenced by many factors that don't directly affect Cartesian Growth'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 Cartesian Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cartesian Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cartesian Growth'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.