Glen Return On Assets from 2010 to 2024

GLBZ Stock  USD 6.00  0.05  0.83%   
Glen Burnie 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 Glen Burnie Bancorp 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
0.00406182
Current Value
0.004094
Quarterly Volatility
0.0034235
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Glen Burnie financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Glen Burnie's main balance sheet or income statement drivers, such as Depreciation And Amortization of 113 K, Interest Expense of 1.1 M or Selling General Administrative of 6.9 M, as well as many indicators such as Price To Sales Ratio of 1.27, Dividend Yield of 0.07 or PTB Ratio of 1.33. Glen financial statements analysis is a perfect complement when working with Glen Burnie Valuation or Volatility modules.
  
Check out the analysis of Glen Burnie Correlation against competitors.

Latest Glen Burnie's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Glen Burnie Bancorp 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. Glen Burnie's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Glen Burnie's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Pretty Stable
   Return On Assets   
       Timeline  

Glen Return On Assets Regression Statistics

Arithmetic Mean0
Coefficient Of Variation87.24
Mean Deviation0
Median0
Standard Deviation0
Sample Variance0.000012
Range0.0152
R-Value0.17
Mean Square Error0.000012
R-Squared0.03
Significance0.55
Slope0.0001
Total Sum of Squares0.0002

Glen Return On Assets History

2024 0.004094
2023 0.004062
2022 0.004575
2021 0.005691
2020 0.003976
2019 0.004154
2018 0.003833

About Glen Burnie Financial Statements

Glen Burnie investors use historical fundamental indicators, such as Glen Burnie'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 Glen Burnie. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year

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Additional Tools for Glen Stock Analysis

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