Rumble Return On Equity from 2010 to 2024

RUMBW Stock  USD 2.33  0.37  18.88%   
Rumble Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Rumble Inc 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
(0.46)
Current Value
(0.44)
Quarterly Volatility
1.1089938
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rumble financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rumble's main balance sheet or income statement drivers, such as Net Interest Income of 16.3 M, Depreciation And Amortization of 5.9 M or Selling General Administrative of 39 M, as well as many indicators such as Price To Sales Ratio of 10.61, Dividend Yield of 0.0 or PTB Ratio of 3.41. Rumble financial statements analysis is a perfect complement when working with Rumble Valuation or Volatility modules.
  
Check out the analysis of Rumble Correlation against competitors.

Latest Rumble's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Rumble Inc over the last few years. Return on Equity is the amount of Rumble Inc net income returned as a percentage of Rumble equity. Return on equity measures Rumble profitability by revealing how much profit Rumble Inc 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. Rumble's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rumble's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.5210 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

Rumble Return On Equity Regression Statistics

Arithmetic Mean(0.28)
Geometric Mean0.55
Coefficient Of Variation(400.16)
Mean Deviation0.56
Median(0.65)
Standard Deviation1.11
Sample Variance1.23
Range4.3325
R-Value0.28
Mean Square Error1.22
R-Squared0.08
Significance0.31
Slope0.07
Total Sum of Squares17.22

Rumble Return On Equity History

2023 -0.46
2022 -0.0336
2021 -0.44
2020 3.69

About Rumble Financial Statements

Rumble investors use historical fundamental indicators, such as Rumble's Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Rumble. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(0.46)(0.44)

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Additional Tools for Rumble Stock Analysis

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