Travere Return On Equity from 2010 to 2024

TVTX Stock  USD 18.18  0.07  0.38%   
Travere Therapeutics Return On Equity yearly trend continues to be fairly 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 Travere Therapeutics 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
(0.55)
Current Value
(0.53)
Quarterly Volatility
3.10583721
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Travere Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Travere Therapeutics' main balance sheet or income statement drivers, such as Interest Expense of 16.4 M, Selling General Administrative of 278.8 M or Other Operating Expenses of 548.1 M, as well as many indicators such as Price To Sales Ratio of 6.88, Dividend Yield of 0.0 or PTB Ratio of 3.16. Travere financial statements analysis is a perfect complement when working with Travere Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Travere Therapeutics Correlation against competitors.
For more information on how to buy Travere Stock please use our How to Invest in Travere Therapeutics guide.

Latest Travere Therapeutics' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Travere Therapeutics over the last few years. Return on Equity is the amount of Travere Therapeutics net income returned as a percentage of Travere Therapeutics equity. Return on equity measures Travere Therapeutics profitability by revealing how much profit Travere Therapeutics 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. Travere Therapeutics' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Travere Therapeutics' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -2.810 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Travere Return On Equity Regression Statistics

Arithmetic Mean0.28
Coefficient Of Variation1,092
Mean Deviation1.73
Median(0.20)
Standard Deviation3.11
Sample Variance9.65
Range15.403
R-Value(0.57)
Mean Square Error7.03
R-Squared0.32
Significance0.03
Slope(0.39)
Total Sum of Squares135.05

Travere Return On Equity History

2024 -0.53
2023 -0.55
2022 -6.5
2021 -0.6
2020 -0.8
2019 -0.66
2018 -0.32

About Travere Therapeutics Financial Statements

Travere Therapeutics investors use historical fundamental indicators, such as Travere Therapeutics' Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Travere Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(0.55)(0.53)

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Additional Tools for Travere Stock Analysis

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