Gulf Return On Assets from 2010 to 2024

GIFI Stock  USD 6.86  0.03  0.44%   
Gulf Island's Return On Assets are decreasing with slightly volatile movements from year to year. Return On Assets are estimated to finish at -0.18 this year. Return On Assets is a profitability ratio that indicates the percentage of profit Gulf Island Fabrication 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
(0.19)
Current Value
(0.18)
Quarterly Volatility
0.10360612
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gulf Island financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gulf Island's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.2 M, Interest Expense of 1.5 M or Selling General Administrative of 11.7 M, as well as many indicators such as Price To Sales Ratio of 0.44, Dividend Yield of 0.0033 or PTB Ratio of 1.54. Gulf financial statements analysis is a perfect complement when working with Gulf Island Valuation or Volatility modules.
  
Check out the analysis of Gulf Island Correlation against competitors.

Latest Gulf Island's Return On Assets Growth Pattern

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

Gulf Return On Assets Regression Statistics

Arithmetic Mean(0.06)
Coefficient Of Variation(185.71)
Mean Deviation0.08
Median(0.04)
Standard Deviation0.10
Sample Variance0.01
Range0.3756
R-Value(0.73)
Mean Square Error0.01
R-Squared0.53
Significance0
Slope(0.02)
Total Sum of Squares0.15

Gulf Return On Assets History

2024 -0.18
2023 -0.19
2022 -0.0249
2021 -0.0355
2020 -0.12
2019 -0.2
2018 -0.0789

About Gulf Island Financial Statements

Investors use fundamental indicators, such as Gulf Island's Return On Assets, to determine how well the company is positioned to perform in the future. Although Gulf Island's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Assets(0.19)(0.18)

Currently Active Assets on Macroaxis

When determining whether Gulf Island Fabrication offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gulf Island's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gulf Island Fabrication Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gulf Island Fabrication Stock:
Check out the analysis of Gulf Island Correlation against competitors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gulf Island. If investors know Gulf will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gulf Island listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.617
Earnings Share
1.08
Revenue Per Share
10.172
Quarterly Revenue Growth
6.494
Return On Assets
0.038
The market value of Gulf Island Fabrication is measured differently than its book value, which is the value of Gulf that is recorded on the company's balance sheet. Investors also form their own opinion of Gulf Island's value that differs from its market value or its book value, called intrinsic value, which is Gulf Island's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gulf Island's market value can be influenced by many factors that don't directly affect Gulf Island's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gulf Island's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gulf Island is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gulf Island's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.