AstroNova Return On Equity from 2010 to 2024

ALOT Stock  USD 15.02  0.17  1.12%   
AstroNova 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 AstroNova 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
0.05199265
Current Value
0.0868
Quarterly Volatility
0.03600924
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AstroNova financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AstroNova's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.5 M, Interest Expense of 2.8 M or Selling General Administrative of 8.4 M, as well as many indicators such as Price To Sales Ratio of 1.19, Dividend Yield of 0.0055 or PTB Ratio of 1.64. AstroNova financial statements analysis is a perfect complement when working with AstroNova Valuation or Volatility modules.
  
Check out the analysis of AstroNova Correlation against competitors.
For more information on how to buy AstroNova Stock please use our How to Invest in AstroNova guide.

Latest AstroNova's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of AstroNova over the last few years. Return on Equity is the amount of AstroNova net income returned as a percentage of AstroNova equity. Return on equity measures AstroNova profitability by revealing how much profit AstroNova 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. AstroNova's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AstroNova's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.071910 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

AstroNova Return On Equity Regression Statistics

Arithmetic Mean0.07
Geometric Mean0.06
Coefficient Of Variation54.35
Mean Deviation0.03
Median0.06
Standard Deviation0.04
Sample Variance0
Range0.1496
R-Value(0.39)
Mean Square Error0
R-Squared0.15
Significance0.15
Slope(0)
Total Sum of Squares0.02

AstroNova Return On Equity History

2024 0.0868
2023 0.052
2022 0.0315
2021 0.0794
2020 0.0172
2019 0.0246
2018 0.0821

About AstroNova Financial Statements

AstroNova shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although AstroNova investors may analyze each financial statement separately, they are all interrelated. The changes in AstroNova's assets and liabilities, for example, are also reflected in the revenues and expenses on on AstroNova'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 0.05  0.09 

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Additional Tools for AstroNova Stock Analysis

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