Summit Return On Equity from 2010 to 2024

SMMT Stock  USD 18.46  0.48  2.53%   
Summit Therapeutics Return On Equity yearly trend continues to be comparatively 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 Summit Therapeutics PLC 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
(7.91)
Current Value
(7.52)
Quarterly Volatility
3.19947794
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Summit Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Summit Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 95.3 M, Interest Expense of 17.3 M or Selling General Administrative of 31.8 M, as well as many indicators such as Price To Sales Ratio of 1.3 K, Dividend Yield of 0.0 or PTB Ratio of 19.78. Summit financial statements analysis is a perfect complement when working with Summit Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Summit Therapeutics Correlation against competitors.

Latest Summit Therapeutics' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Summit Therapeutics PLC over the last few years. Return on Equity is the amount of Summit Therapeutics PLC net income returned as a percentage of Summit Therapeutics equity. Return on equity measures Summit Therapeutics profitability by revealing how much profit Summit Therapeutics PLC 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. Summit Therapeutics' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Summit Therapeutics' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.7310 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Summit Return On Equity Regression Statistics

Arithmetic Mean(1.22)
Coefficient Of Variation(262.52)
Mean Deviation1.78
Median(0.76)
Standard Deviation3.20
Sample Variance10.24
Range14.0332
R-Value(0.45)
Mean Square Error8.76
R-Squared0.21
Significance0.09
Slope(0.32)
Total Sum of Squares143.31

Summit Return On Equity History

2024 -7.52
2023 -7.91
2022 -0.59
2021 -1.03
2020 -0.66
2019 -0.39
2018 0.18

About Summit Therapeutics Financial Statements

Summit Therapeutics shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Summit Therapeutics investors may analyze each financial statement separately, they are all interrelated. The changes in Summit Therapeutics' assets and liabilities, for example, are also reflected in the revenues and expenses on on Summit Therapeutics' 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(7.91)(7.52)

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Additional Tools for Summit Stock Analysis

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