Strong Return On Assets from 2010 to 2024

SGE Stock   1.75  0.09  4.89%   
Strong Global's Return On Assets are increasing over the years with stable fluctuation. Overall, Return On Assets are expected to go to 0.12 this year. Return On Assets is a profitability ratio that indicates the percentage of profit Strong Global Entertainment 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
0.11121164
Current Value
0.12
Quarterly Volatility
0.0202367
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Strong Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Strong Global's main balance sheet or income statement drivers, such as Tax Provision of 498.6 K, Interest Income of 266.8 K or Depreciation And Amortization of 887 K, as well as many indicators such as Price To Sales Ratio of 1.0, Dividend Yield of 0.0 or PTB Ratio of 2.42. Strong financial statements analysis is a perfect complement when working with Strong Global Valuation or Volatility modules.
  
Check out the analysis of Strong Global Correlation against competitors.

Latest Strong Global's Return On Assets Growth Pattern

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

Strong Return On Assets Regression Statistics

Arithmetic Mean0.08
Geometric Mean0.07
Coefficient Of Variation26.24
Mean Deviation0.01
Median0.08
Standard Deviation0.02
Sample Variance0.0004
Range0.0908
R-Value0.18
Mean Square Error0.0004
R-Squared0.03
Significance0.52
Slope0.0008
Total Sum of Squares0.01

Strong Return On Assets History

2024 0.12
2023 0.11
2022 0.0564
2021 0.0292

About Strong Global Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Strong Global income statement, its balance sheet, and the statement of cash flows. Strong Global investors use historical funamental indicators, such as Strong Global's Return On Assets, to determine how well the company is positioned to perform in the future. Although Strong Global investors may use each financial statement separately, they are all related. The changes in Strong Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Strong Global's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Strong Global Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Strong Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.11  0.12 

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Additional Information and Resources on Investing in Strong Stock

When determining whether Strong Global Entert is a strong investment it is important to analyze Strong Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Strong Global's future performance. For an informed investment choice regarding Strong Stock, refer to the following important reports:
Check out the analysis of Strong Global Correlation against competitors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Strong Global. If investors know Strong will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Strong Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.96)
Earnings Share
0.32
Revenue Per Share
5.917
Quarterly Revenue Growth
0.112
Return On Assets
0.0059
The market value of Strong Global Entert is measured differently than its book value, which is the value of Strong that is recorded on the company's balance sheet. Investors also form their own opinion of Strong Global's value that differs from its market value or its book value, called intrinsic value, which is Strong Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Strong Global's market value can be influenced by many factors that don't directly affect Strong Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Strong Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Strong Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strong Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.