Sunshine Return On Equity from 2010 to 2024

SBFMW Stock  USD 0.17  0.04  19.05%   
Sunshine Biopharma Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Sunshine Biopharma Warrant 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
(0.21)
Current Value
(0.20)
Quarterly Volatility
85.97970435
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sunshine Biopharma financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sunshine Biopharma's main balance sheet or income statement drivers, such as Interest Expense of 148.9 K, Other Operating Expenses of 30.3 M or Total Operating Expenses of 13.8 M, as well as many indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.0 or PTB Ratio of 0.3. Sunshine financial statements analysis is a perfect complement when working with Sunshine Biopharma Valuation or Volatility modules.
  
Check out the analysis of Sunshine Biopharma Correlation against competitors.
For more information on how to buy Sunshine Stock please use our How to Invest in Sunshine Biopharma guide.

Latest Sunshine Biopharma's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Sunshine Biopharma Warrant over the last few years. Return on Equity is the amount of Sunshine Biopharma net income returned as a percentage of Sunshine Biopharma equity. Return on equity measures Sunshine Biopharma profitability by revealing how much profit Sunshine Biopharma Warrant 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. Sunshine Biopharma's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sunshine Biopharma's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.1810 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

Sunshine Return On Equity Regression Statistics

Arithmetic Mean20.84
Coefficient Of Variation412.56
Mean Deviation42.69
Median0.94
Standard Deviation85.98
Sample Variance7,393
Range383
R-Value(0.27)
Mean Square Error7,388
R-Squared0.07
Significance0.33
Slope(5.16)
Total Sum of Squares103,495

Sunshine Return On Equity History

2024 -0.2
2023 -0.21
2022 -1.24
2021 -60.31
2020 0.94
2019 1.99
2018 38.67

About Sunshine Biopharma Financial Statements

Sunshine Biopharma investors use historical fundamental indicators, such as Sunshine Biopharma'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 Sunshine Biopharma. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(0.21)(0.20)

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Additional Tools for Sunshine Stock Analysis

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