Envirotech Return On Equity from 2010 to 2024

EVTV Stock  USD 1.54  0.10  6.94%   
Envirotech Vehicles Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity will likely drop to -0.65 in 2024. Return On Equity is a measure of the profitability of Envirotech Vehicles 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
(0.61)
Current Value
(0.65)
Quarterly Volatility
4.97799554
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Envirotech Vehicles financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Envirotech Vehicles' main balance sheet or income statement drivers, such as Interest Expense of 5.3 B, Selling General Administrative of 6.9 M or Total Revenue of 5.1 M, as well as many indicators such as Price To Sales Ratio of 6.8, Dividend Yield of 0.0 or PTB Ratio of 1.04. Envirotech financial statements analysis is a perfect complement when working with Envirotech Vehicles Valuation or Volatility modules.
  
Check out the analysis of Envirotech Vehicles Correlation against competitors.
For more information on how to buy Envirotech Stock please use our How to Invest in Envirotech Vehicles guide.

Latest Envirotech Vehicles' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Envirotech Vehicles over the last few years. Return on Equity is the amount of Envirotech Vehicles net income returned as a percentage of Envirotech Vehicles equity. Return on equity measures Envirotech Vehicles profitability by revealing how much profit Envirotech Vehicles 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. Envirotech Vehicles' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Envirotech Vehicles' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.6210 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Envirotech Return On Equity Regression Statistics

Arithmetic Mean2.15
Coefficient Of Variation231.75
Mean Deviation4.23
Median0.59
Standard Deviation4.98
Sample Variance24.78
Range16.4938
R-Value(0.69)
Mean Square Error14.00
R-Squared0.48
Significance0
Slope(0.77)
Total Sum of Squares346.93

Envirotech Return On Equity History

2024 -0.65
2023 -0.61
2022 -1.37
2021 -0.1
2020 0.59
2019 -1.57
2018 -1.45

About Envirotech Vehicles Financial Statements

Envirotech Vehicles investors use historical fundamental indicators, such as Envirotech Vehicles' Return On Equity, 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 Envirotech Vehicles. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(0.61)(0.65)

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Additional Tools for Envirotech Stock Analysis

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