Ballys Return On Assets from 2010 to 2024

BALY Stock  USD 17.73  0.03  0.17%   
Ballys Corp Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Ballys Corp earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
(0.03)
Current Value
(0.03)
Quarterly Volatility
0.05082679
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ballys Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ballys Corp's main balance sheet or income statement drivers, such as Tax Provision of 129.3 M, Interest Income of 1 M or Depreciation And Amortization of 367.9 M, as well as many indicators such as Price To Sales Ratio of 0.29, Dividend Yield of 0.0028 or PTB Ratio of 1.11. Ballys financial statements analysis is a perfect complement when working with Ballys Corp Valuation or Volatility modules.
  
Check out the analysis of Ballys Corp Correlation against competitors.
For more information on how to buy Ballys Stock please use our How to Invest in Ballys Corp guide.

Latest Ballys Corp's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Ballys Corp over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Ballys Corp's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ballys Corp's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Ballys Return On Assets Regression Statistics

Arithmetic Mean0.04
Coefficient Of Variation129.88
Mean Deviation0.04
Median0.07
Standard Deviation0.05
Sample Variance0
Range0.1589
R-Value(0.78)
Mean Square Error0
R-Squared0.62
Significance0.0005
Slope(0.01)
Total Sum of Squares0.04

Ballys Return On Assets History

2024 -0.026
2023 -0.0273
2022 -0.0675
2021 -0.011
2020 -0.002843
2019 0.0539
2018 0.0913

About Ballys Corp Financial Statements

Ballys Corp investors use historical fundamental indicators, such as Ballys Corp's Return On Assets, 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 Ballys Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets(0.03)(0.03)

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Additional Tools for Ballys Stock Analysis

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