Taitron Return On Equity from 2010 to 2024

TAIT Stock  USD 2.57  0.07  2.65%   
Taitron Components Return On Equity yearly trend continues to be comparatively 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 Taitron Components Incorporated 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
0.10954106
Current Value
0.12
Quarterly Volatility
0.12290444
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Taitron Components financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Taitron Components' main balance sheet or income statement drivers, such as Depreciation And Amortization of 202 K, Interest Expense of 184.2 K or Total Revenue of 10.8 M, as well as many indicators such as Price To Sales Ratio of 3.64, Dividend Yield of 0.0435 or PTB Ratio of 1.26. Taitron financial statements analysis is a perfect complement when working with Taitron Components Valuation or Volatility modules.
  
Check out the analysis of Taitron Components Correlation against competitors.

Latest Taitron Components' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Taitron Components Incorporated over the last few years. Return on Equity is the amount of Taitron Components net income returned as a percentage of Taitron Components equity. Return on equity measures Taitron Components profitability by revealing how much profit Taitron Components Incorporated 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. Taitron Components' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Taitron Components' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.088810 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Taitron Return On Equity Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.09
Coefficient Of Variation328.37
Mean Deviation0.1
Median0.06
Standard Deviation0.12
Sample Variance0.02
Range0.4674
R-Value0.45
Mean Square Error0.01
R-Squared0.20
Significance0.09
Slope0.01
Total Sum of Squares0.21

Taitron Return On Equity History

2024 0.12
2022 0.2
2021 0.14
2020 0.1
2019 0.0478
2018 0.11
2017 0.0596

About Taitron Components Financial Statements

Taitron Components shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Taitron Components investors may analyze each financial statement separately, they are all interrelated. The changes in Taitron Components' assets and liabilities, for example, are also reflected in the revenues and expenses on on Taitron Components' 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 0.11  0.12 

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Additional Tools for Taitron Stock Analysis

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