SSR Return On Equity from 2010 to 2024

SSRM Stock  USD 5.76  0.15  2.54%   
SSR Mining Return On Equity yearly trend continues to be very stable with very little volatility. Return On Equity is likely to drop to -0.03. Return On Equity is a measure of the profitability of SSR Mining 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
(0.03)
Current Value
(0.03)
Quarterly Volatility
0.13019671
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SSR Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SSR Mining's main balance sheet or income statement drivers, such as Total Revenue of 1.5 B, Gross Profit of 429.2 M or EBITDA of 29.1 M, as well as many indicators such as Price To Sales Ratio of 1.62, Dividend Yield of 0.0146 or PTB Ratio of 0.62. SSR financial statements analysis is a perfect complement when working with SSR Mining Valuation or Volatility modules.
  
Check out the analysis of SSR Mining Correlation against competitors.
To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.

Latest SSR Mining's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of SSR Mining over the last few years. Return on Equity is the amount of SSR Mining net income returned as a percentage of SSR Mining equity. Return on equity measures SSR Mining profitability by revealing how much profit SSR Mining 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. SSR Mining's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SSR Mining's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.1410 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

SSR Return On Equity Regression Statistics

Arithmetic Mean(0.03)
Geometric Mean0.07
Coefficient Of Variation(488.51)
Mean Deviation0.10
Median0.04
Standard Deviation0.13
Sample Variance0.02
Range0.382
R-Value0.34
Mean Square Error0.02
R-Squared0.12
Significance0.21
Slope0.01
Total Sum of Squares0.24

SSR Return On Equity History

2024 -0.0305
2023 -0.0291
2022 0.0542
2021 0.1
2020 0.0442
2019 0.0505
2018 0.006548

About SSR Mining Financial Statements

SSR Mining investors utilize fundamental indicators, such as Return On Equity, to predict how SSR Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Equity(0.03)(0.03)

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When determining whether SSR Mining is a strong investment it is important to analyze SSR Mining'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 SSR Mining's future performance. For an informed investment choice regarding SSR Stock, refer to the following important reports:
Check out the analysis of SSR Mining Correlation against competitors.
To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Metals & Mining 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 SSR Mining. If investors know SSR 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 SSR Mining 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
(0.29)
Earnings Share
(2.38)
Revenue Per Share
5.423
Quarterly Revenue Growth
(0.33)
Return On Assets
(0.02)
The market value of SSR Mining is measured differently than its book value, which is the value of SSR that is recorded on the company's balance sheet. Investors also form their own opinion of SSR Mining's value that differs from its market value or its book value, called intrinsic value, which is SSR Mining'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 SSR Mining's market value can be influenced by many factors that don't directly affect SSR Mining'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 SSR Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if SSR Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSR Mining'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.