Innovative Return On Equity from 2010 to 2024

LUCY Stock  USD 6.67  0.16  2.46%   
Innovative Eyewear Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity will likely drop to -1.26 in 2024. Return On Equity is a measure of the profitability of Innovative Eyewear 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
(1.20)
Current Value
(1.26)
Quarterly Volatility
4.17126822
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Innovative Eyewear financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Innovative Eyewear's main balance sheet or income statement drivers, such as Depreciation And Amortization of 62.3 K, Interest Expense of 2.9 K or Selling General Administrative of 4.3 M, as well as many indicators such as Price To Sales Ratio of 3.66, Dividend Yield of 0.0 or PTB Ratio of 0.76. Innovative financial statements analysis is a perfect complement when working with Innovative Eyewear Valuation or Volatility modules.
  
Check out the analysis of Innovative Eyewear Correlation against competitors.
For more information on how to buy Innovative Stock please use our How to Invest in Innovative Eyewear guide.

Latest Innovative Eyewear's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Innovative Eyewear over the last few years. Return on Equity is the amount of Innovative Eyewear net income returned as a percentage of Innovative Eyewear equity. Return on equity measures Innovative Eyewear profitability by revealing how much profit Innovative Eyewear 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. Innovative Eyewear's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Innovative Eyewear's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.8710 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Innovative Return On Equity Regression Statistics

Arithmetic Mean(0.85)
Geometric Mean0.86
Coefficient Of Variation(492.95)
Mean Deviation2.15
Median0.54
Standard Deviation4.17
Sample Variance17.40
Range17.0195
R-Value(0.36)
Mean Square Error16.26
R-Squared0.13
Significance0.18
Slope(0.34)
Total Sum of Squares243.59

Innovative Return On Equity History

2024 -1.26
2023 -1.2
2022 -1.41
2021 -15.63
2020 1.38

About Innovative Eyewear Financial Statements

Innovative Eyewear investors use historical fundamental indicators, such as Innovative Eyewear's 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 Innovative Eyewear. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(1.20)(1.26)

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Additional Tools for Innovative Stock Analysis

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