Nova Return On Equity from 2010 to 2025
| NVAWW Stock | 4.20 0.51 10.83% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.12987281 | Current Value 0.14 | Quarterly Volatility 0.17901496 |
Check Nova Minerals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nova Minerals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 M, Interest Expense of 839.6 K or Selling General Administrative of 4.5 M, as well as many indicators such as Price To Sales Ratio of 3.41, Dividend Yield of 0.0118 or PTB Ratio of 1.61. Nova financial statements analysis is a perfect complement when working with Nova Minerals Valuation or Volatility modules.
Nova | Return On Equity |
Latest Nova Minerals' Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Nova Minerals Limited over the last few years. Return on Equity is the amount of Nova Minerals Limited net income returned as a percentage of Nova Minerals equity. Return on equity measures Nova Minerals profitability by revealing how much profit Nova Minerals Limited 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. Nova Minerals' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nova Minerals' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported -0.15 | 10 Years Trend |
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Return On Equity |
| Timeline |
Nova Return On Equity Regression Statistics
| Arithmetic Mean | 0.01 | |
| Geometric Mean | 0.11 | |
| Coefficient Of Variation | 3,369 | |
| Mean Deviation | 0.15 | |
| Median | 0.08 | |
| Standard Deviation | 0.18 | |
| Sample Variance | 0.03 | |
| Range | 0.6236 | |
| R-Value | 0.63 | |
| Mean Square Error | 0.02 | |
| R-Squared | 0.40 | |
| Significance | 0.01 | |
| Slope | 0.02 | |
| Total Sum of Squares | 0.48 |
Nova Return On Equity History
About Nova Minerals Financial Statements
Nova Minerals investors use historical fundamental indicators, such as Nova Minerals' 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 Nova Minerals. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.13 | 0.14 |
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Additional Tools for Nova Stock Analysis
When running Nova Minerals' price analysis, check to measure Nova Minerals' 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 Nova Minerals is operating at the current time. Most of Nova Minerals' value examination focuses on studying past and present price action to predict the probability of Nova Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova Minerals' price. Additionally, you may evaluate how the addition of Nova Minerals to your portfolios can decrease your overall portfolio volatility.