Sharps Return On Equity from 2010 to 2024

STSS Stock  USD 3.47  0.06  1.70%   
Sharps Technology Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity will likely drop to -1.3 in 2024. Return On Equity is a measure of the profitability of Sharps Technology 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
(1.24)
Current Value
(1.30)
Quarterly Volatility
1.33425701
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sharps Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sharps Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 935.8 K, Total Revenue of 0.0 or Other Operating Expenses of 5.8 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 14.28. Sharps financial statements analysis is a perfect complement when working with Sharps Technology Valuation or Volatility modules.
  
Check out the analysis of Sharps Technology Correlation against competitors.
For more information on how to buy Sharps Stock please use our How to Invest in Sharps Technology guide.

Latest Sharps Technology's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Sharps Technology over the last few years. Return on Equity is the amount of Sharps Technology net income returned as a percentage of Sharps Technology equity. Return on equity measures Sharps Technology profitability by revealing how much profit Sharps Technology 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. Sharps Technology's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sharps Technology's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -1.0310 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Sharps Return On Equity Regression Statistics

Arithmetic Mean(2.78)
Geometric Mean2.15
Coefficient Of Variation(47.94)
Mean Deviation1.18
Median(3.66)
Standard Deviation1.33
Sample Variance1.78
Range3.7454
R-Value0.79
Mean Square Error0.72
R-Squared0.62
Significance0.0005
Slope0.24
Total Sum of Squares24.92

Sharps Return On Equity History

2024 -1.3
2023 -1.24
2022 0.0809
2021 -1.54
2020 -1.1

About Sharps Technology Financial Statements

Sharps Technology shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Sharps Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Sharps Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sharps Technology'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(1.24)(1.30)

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Additional Tools for Sharps Stock Analysis

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