Dayforce Return On Assets from 2010 to 2024

DAY Stock   74.84  0.84  1.14%   
Dayforce 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 Dayforce 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
0.00608152
Current Value
0.006386
Quarterly Volatility
0.00962454
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Dayforce financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dayforce's main balance sheet or income statement drivers, such as Tax Provision of 56.7 M, Depreciation And Amortization of 76.5 M or Interest Expense of 44.8 M, as well as many indicators such as Price To Sales Ratio of 6.63, Dividend Yield of 0.0 or PTB Ratio of 3.3. Dayforce financial statements analysis is a perfect complement when working with Dayforce Valuation or Volatility modules.
  
Check out the analysis of Dayforce Correlation against competitors.
For more information on how to buy Dayforce Stock please use our How to Invest in Dayforce guide.

Latest Dayforce's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Dayforce 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. Dayforce's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dayforce'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  

Dayforce Return On Assets Regression Statistics

Arithmetic Mean(0.01)
Geometric Mean0.01
Coefficient Of Variation(128.30)
Mean Deviation0.01
Median(0.01)
Standard Deviation0.01
Sample Variance0.000093
Range0.0279
R-Value0.70
Mean Square Error0.00005
R-Squared0.50
Significance0
Slope0
Total Sum of Squares0

Dayforce Return On Assets History

2024 0.006386
2023 0.006082
2022 -0.009271
2021 -0.0105
2020 -5.97E-4
2019 0.0129
2018 -0.0115

About Dayforce Financial Statements

Dayforce investors use historical fundamental indicators, such as Dayforce'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 Dayforce. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.01  0.01 

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Additional Tools for Dayforce Stock Analysis

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