SmartRent Return On Equity from 2010 to 2024

SMRT Stock  USD 1.57  0.09  6.08%   
SmartRent Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity will likely drop to -0.11 in 2024. Return On Equity is a measure of the profitability of SmartRent 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
(0.10)
Current Value
(0.11)
Quarterly Volatility
9.02213888
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SmartRent financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SmartRent's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11 M, Interest Expense of 9 M or Selling General Administrative of 42.4 M, as well as many indicators such as Price To Sales Ratio of 3.99, Dividend Yield of 0.0 or PTB Ratio of 3.64. SmartRent financial statements analysis is a perfect complement when working with SmartRent Valuation or Volatility modules.
  
Check out the analysis of SmartRent Correlation against competitors.
For more information on how to buy SmartRent Stock please use our How to Invest in SmartRent guide.

Latest SmartRent's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of SmartRent over the last few years. Return on Equity is the amount of SmartRent net income returned as a percentage of SmartRent equity. Return on equity measures SmartRent profitability by revealing how much profit SmartRent 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. SmartRent's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SmartRent's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.078710 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

SmartRent Return On Equity Regression Statistics

Arithmetic Mean(12.67)
Coefficient Of Variation(71.19)
Mean Deviation8.22
Median(18.83)
Standard Deviation9.02
Sample Variance81.40
Range18.7336
R-Value0.82
Mean Square Error28.47
R-Squared0.68
Significance0.0002
Slope1.66
Total Sum of Squares1,140

SmartRent Return On Equity History

2024 -0.11
2023 -0.1
2022 -0.26
2021 -0.16
2020 -1.12

About SmartRent Financial Statements

SmartRent shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although SmartRent investors may analyze each financial statement separately, they are all interrelated. The changes in SmartRent's assets and liabilities, for example, are also reflected in the revenues and expenses on on SmartRent'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(0.10)(0.11)

Thematic Opportunities

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Additional Tools for SmartRent Stock Analysis

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