Trugolf Return On Equity from 2010 to 2025
| TRUG Stock | 0.57 0.03 5.00% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 3.02 | Current Value 2.42 | Quarterly Volatility 2.4036069 |
Check Trugolf financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trugolf's main balance sheet or income statement drivers, such as Other Operating Expenses of 35.3 M, Total Operating Expenses of 25 M or Tax Provision of 0.0, as well as many indicators such as Price To Sales Ratio of 7.08, Dividend Yield of 0.0066 or Days Sales Outstanding of 24.62. Trugolf financial statements analysis is a perfect complement when working with Trugolf Valuation or Volatility modules.
Trugolf | Return On Equity |
Latest Trugolf's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Trugolf over the last few years. Return on Equity is the amount of Trugolf net income returned as a percentage of Trugolf equity. Return on equity measures Trugolf profitability by revealing how much profit Trugolf 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. Trugolf's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Trugolf's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.0 | 10 Years Trend |
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Return On Equity |
| Timeline |
Trugolf Return On Equity Regression Statistics
| Arithmetic Mean | 4.84 | |
| Geometric Mean | 2.66 | |
| Coefficient Of Variation | 49.66 | |
| Mean Deviation | 2.04 | |
| Median | 6.32 | |
| Standard Deviation | 2.40 | |
| Sample Variance | 5.78 | |
| Range | 6.4787 | |
| R-Value | (0.71) | |
| Mean Square Error | 3.04 | |
| R-Squared | 0.51 | |
| Significance | 0 | |
| Slope | (0.36) | |
| Total Sum of Squares | 86.66 |
Trugolf Return On Equity History
About Trugolf Financial Statements
Trugolf stakeholders use historical fundamental indicators, such as Trugolf's Return On Equity, to determine how well the company is positioned to perform in the future. Although Trugolf investors may analyze each financial statement separately, they are all interrelated. For example, changes in Trugolf's assets and liabilities are reflected in the revenues and expenses on Trugolf's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Trugolf. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 3.02 | 2.42 |
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Check out the analysis of Trugolf Correlation against competitors. For more detail on how to invest in Trugolf Stock please use our How to Invest in Trugolf guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Interactive Home Entertainment 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 Trugolf. If investors know Trugolf 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 Trugolf listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Trugolf is measured differently than its book value, which is the value of Trugolf that is recorded on the company's balance sheet. Investors also form their own opinion of Trugolf's value that differs from its market value or its book value, called intrinsic value, which is Trugolf'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 Trugolf's market value can be influenced by many factors that don't directly affect Trugolf'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 Trugolf's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trugolf is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trugolf'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.