Central Return On Equity from 2010 to 2024

CENT Stock  USD 40.16  0.33  0.83%   
Central Garden 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 Central Garden Pet 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
0.11299435
Current Value
0.12
Quarterly Volatility
0.01656791
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Central Garden financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Central Garden's main balance sheet or income statement drivers, such as Depreciation And Amortization of 105.9 M, Interest Expense of 37.2 M or Selling General Administrative of 310.1 M, as well as many indicators such as Price To Sales Ratio of 0.0465, Dividend Yield of 0.0029 or PTB Ratio of 0.42. Central financial statements analysis is a perfect complement when working with Central Garden Valuation or Volatility modules.
  
Check out the analysis of Central Garden Correlation against competitors.

Latest Central Garden's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Central Garden Pet over the last few years. Return on Equity is the amount of Central Garden Pet net income returned as a percentage of Central Garden equity. Return on equity measures Central Garden profitability by revealing how much profit Central Garden Pet 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. Central Garden's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Central Garden's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.096310 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Central Return On Equity Regression Statistics

Arithmetic Mean0.10
Geometric Mean0.1
Coefficient Of Variation16.51
Mean Deviation0.02
Median0.11
Standard Deviation0.02
Sample Variance0.0003
Range0.0395
R-Value0.66
Mean Square Error0.0002
R-Squared0.43
Significance0.01
Slope0
Total Sum of Squares0

Central Return On Equity History

2024 0.12
2022 0.0866
2016 0.11
2011 0.0805
2010 0.0983

About Central Garden Financial Statements

Central Garden shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Central Garden investors may analyze each financial statement separately, they are all interrelated. The changes in Central Garden's assets and liabilities, for example, are also reflected in the revenues and expenses on on Central Garden'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 0.11  0.12 

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Additional Tools for Central Stock Analysis

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