Tri Return On Equity from 2010 to 2024

TY Stock  USD 34.18  0.15  0.44%   
Tri Continental Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity will likely drop to 0.13 in 2024. Return On Equity is a measure of the profitability of Tri Continental Closed 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
0.14472284
Current Value
0.13
Quarterly Volatility
0.1549971
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tri Continental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tri Continental's main balance sheet or income statement drivers, such as Depreciation And Amortization of 203.3 M, Interest Expense of 398 or Selling General Administrative of 392.1 K, as well as many indicators such as Price To Sales Ratio of 28.18, Dividend Yield of 0.0 or PTB Ratio of 0.67. Tri financial statements analysis is a perfect complement when working with Tri Continental Valuation or Volatility modules.
  
Check out the analysis of Tri Continental Correlation against competitors.

Latest Tri Continental's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Tri Continental Closed over the last few years. Return on Equity is the amount of Tri Continental Closed net income returned as a percentage of Tri Continental equity. Return on equity measures Tri Continental profitability by revealing how much profit Tri Continental Closed 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. Tri Continental's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tri Continental's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.1610 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Tri Return On Equity Regression Statistics

Arithmetic Mean0.14
Coefficient Of Variation110.74
Mean Deviation0.10
Median0.14
Standard Deviation0.15
Sample Variance0.02
Range0.6561
R-Value(0.48)
Mean Square Error0.02
R-Squared0.23
Significance0.07
Slope(0.02)
Total Sum of Squares0.34

Tri Return On Equity History

2024 0.13
2023 0.14
2022 -0.18
2020 0.11
2019 0.2
2018 -0.05
2017 0.17

About Tri Continental Financial Statements

Tri Continental investors use historical fundamental indicators, such as Tri Continental'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 Tri Continental. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.14  0.13 

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Additional Tools for Tri Stock Analysis

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