Sidus Return On Equity from 2010 to 2024

SIDU Stock  USD 1.28  0.02  1.54%   
Sidus Space Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity will likely drop to -2.11 in 2024. Return On Equity is a measure of the profitability of Sidus Space 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
(2.01)
Current Value
(2.11)
Quarterly Volatility
1.54928588
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sidus Space financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sidus Space's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 301.3 K or Interest Expense of 784.8 K, as well as many indicators such as Price To Sales Ratio of 0.87, Dividend Yield of 0.0029 or PTB Ratio of 0.8. Sidus financial statements analysis is a perfect complement when working with Sidus Space Valuation or Volatility modules.
  
Check out the analysis of Sidus Space Correlation against competitors.
For more information on how to buy Sidus Stock please use our How to Invest in Sidus Space guide.

Latest Sidus Space's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Sidus Space over the last few years. Return on Equity is the amount of Sidus Space net income returned as a percentage of Sidus Space equity. Return on equity measures Sidus Space profitability by revealing how much profit Sidus Space 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. Sidus Space's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sidus Space's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -1.210 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Sidus Return On Equity Regression Statistics

Arithmetic Mean(0.36)
Geometric Mean0.56
Coefficient Of Variation(434.51)
Mean Deviation1.08
Median0.39
Standard Deviation1.55
Sample Variance2.40
Range5.4219
R-Value(0.64)
Mean Square Error1.51
R-Squared0.42
Significance0.01
Slope(0.22)
Total Sum of Squares33.60

Sidus Return On Equity History

2024 -2.11
2023 -2.01
2022 -5.03
2021 -0.36
2020 0.24

About Sidus Space Financial Statements

Sidus Space shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Sidus Space investors may analyze each financial statement separately, they are all interrelated. The changes in Sidus Space's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sidus Space's 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(2.01)(2.11)

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Additional Tools for Sidus Stock Analysis

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