Universal Return On Equity from 2010 to 2024

UUU Stock  USD 2.19  0.02  0.92%   
Universal Security 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 Universal Security Instruments 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
(0.08)
Current Value
(0.08)
Quarterly Volatility
0.15282372
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Universal Security financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal Security's main balance sheet or income statement drivers, such as Depreciation And Amortization of 154.5 K, Interest Expense of 147.9 K or Total Revenue of 15.1 M, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0 or PTB Ratio of 0.68. Universal financial statements analysis is a perfect complement when working with Universal Security Valuation or Volatility modules.
  
Check out the analysis of Universal Security Correlation against competitors.

Latest Universal Security's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Universal Security Instruments over the last few years. Return on Equity is the amount of Universal Security net income returned as a percentage of Universal Security equity. Return on equity measures Universal Security profitability by revealing how much profit Universal Security Instruments 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. Universal Security's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Universal Security's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.210 Years Trend
Very volatile
   Return On Equity   
       Timeline  

Universal Return On Equity Regression Statistics

Arithmetic Mean(0.10)
Geometric Mean0.09
Coefficient Of Variation(148.77)
Mean Deviation0.11
Median(0.08)
Standard Deviation0.15
Sample Variance0.02
Range0.6698
R-Value0.01
Mean Square Error0.03
R-Squared0.0002
Significance0.96
Slope0.0005
Total Sum of Squares0.33

Universal Return On Equity History

2024 -0.0758
2023 -0.0797
2022 0.13
2021 -0.0487
2020 0.0385
2019 -0.54
2018 -0.12

About Universal Security Financial Statements

Universal Security shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Universal Security investors may analyze each financial statement separately, they are all interrelated. The changes in Universal Security's assets and liabilities, for example, are also reflected in the revenues and expenses on on Universal Security'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(0.08)(0.08)

Thematic Opportunities

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Additional Tools for Universal Stock Analysis

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