Mill Return On Equity from 2010 to 2024

MCVT Stock  USD 2.01  0.05  2.55%   
Mill City Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity will likely drop to -0.07 in 2024. Return On Equity is a measure of the profitability of Mill City Ventures 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
(0.06)
Current Value
(0.07)
Quarterly Volatility
1.09565322
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mill City financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mill City's main balance sheet or income statement drivers, such as Other Operating Expenses of 3.9 M, Total Operating Expenses of 3.8 M or Interest Expense of 102.6 K, as well as many indicators such as Price To Sales Ratio of 4.41, Dividend Yield of 0.0057 or PTB Ratio of 0.55. Mill financial statements analysis is a perfect complement when working with Mill City Valuation or Volatility modules.
  
Check out the analysis of Mill City Correlation against competitors.

Latest Mill City's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Mill City Ventures over the last few years. Return on Equity is the amount of Mill City Ventures net income returned as a percentage of Mill City equity. Return on equity measures Mill City profitability by revealing how much profit Mill City Ventures 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. Mill City's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mill City's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.014510 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Mill Return On Equity Regression Statistics

Arithmetic Mean(0.34)
Coefficient Of Variation(325.57)
Mean Deviation0.71
Median0.03
Standard Deviation1.10
Sample Variance1.20
Range3.6398
R-Value0.48
Mean Square Error0.99
R-Squared0.23
Significance0.07
Slope0.12
Total Sum of Squares16.81

Mill Return On Equity History

2024 -0.0658
2023 -0.0627
2022 0.0315
2021 0.21
2020 0.19
2019 -0.0653
2018 0.15

About Mill City Financial Statements

Mill City shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Mill City investors may analyze each financial statement separately, they are all interrelated. The changes in Mill City's assets and liabilities, for example, are also reflected in the revenues and expenses on on Mill City's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Equity(0.06)(0.07)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Mill Stock Analysis

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