Middlesex Return On Assets from 2010 to 2024

MSEX Stock  USD 65.32  1.24  1.86%   
Middlesex Water 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 Middlesex Water 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
0.02550378
Current Value
0.0257
Quarterly Volatility
0.00601817
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Middlesex Water financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Middlesex Water's main balance sheet or income statement drivers, such as Interest Expense of 10.2 M, Total Revenue of 85.8 M or Gross Profit of 62.3 M, as well as many indicators such as Price To Sales Ratio of 7.35, Dividend Yield of 0.0184 or PTB Ratio of 1.82. Middlesex financial statements analysis is a perfect complement when working with Middlesex Water Valuation or Volatility modules.
  
Check out the analysis of Middlesex Water Correlation against competitors.
For more information on how to buy Middlesex Stock please use our How to Invest in Middlesex Water guide.

Latest Middlesex Water's Return On Assets Growth Pattern

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

Middlesex Return On Assets Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.03
Coefficient Of Variation17.83
Mean Deviation0
Median0.03
Standard Deviation0.01
Sample Variance0.000036
Range0.0172
R-Value0.03
Mean Square Error0.000039
R-Squared0
Significance0.90
Slope0.000045
Total Sum of Squares0.0005

Middlesex Return On Assets History

2024 0.0257
2023 0.0255
2022 0.0395
2021 0.0358
2020 0.0394
2019 0.0372
2018 0.0423

About Middlesex Water Financial Statements

Middlesex Water investors use historical fundamental indicators, such as Middlesex Water'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 Middlesex Water. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.03  0.03 

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Additional Tools for Middlesex Stock Analysis

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