SKYX Return On Equity from 2010 to 2024

SKYX Stock  USD 1.05  0.05  5.00%   
SKYX Platforms 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 SKYX Platforms Corp 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
(2.45)
Current Value
(2.33)
Quarterly Volatility
15.86340568
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SKYX Platforms financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SKYX Platforms' main balance sheet or income statement drivers, such as Depreciation And Amortization of 953.5 K, Interest Expense of 3.3 M or Selling General Administrative of 38.9 M, as well as many indicators such as Price To Sales Ratio of 2.28, Dividend Yield of 1.0E-4 or PTB Ratio of 9.14. SKYX financial statements analysis is a perfect complement when working with SKYX Platforms Valuation or Volatility modules.
  
Check out the analysis of SKYX Platforms Correlation against competitors.

Latest SKYX Platforms' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of SKYX Platforms Corp over the last few years. Return on Equity is the amount of SKYX Platforms Corp net income returned as a percentage of SKYX Platforms equity. Return on equity measures SKYX Platforms profitability by revealing how much profit SKYX Platforms Corp 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. SKYX Platforms' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SKYX Platforms' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -3.6510 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

SKYX Return On Equity Regression Statistics

Arithmetic Mean4.51
Coefficient Of Variation352.09
Mean Deviation7.60
Median0.96
Standard Deviation15.86
Sample Variance251.65
Range64.8112
R-Value0.18
Mean Square Error261.87
R-Squared0.03
Significance0.51
Slope0.65
Total Sum of Squares3,523

SKYX Return On Equity History

2024 -2.33
2023 -2.45
2022 -3.3
2021 61.51
2020 1.1
2018 2.51
2017 1.09

About SKYX Platforms Financial Statements

SKYX Platforms investors use historical fundamental indicators, such as SKYX Platforms' 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 SKYX Platforms. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(2.45)(2.33)

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Additional Tools for SKYX Stock Analysis

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