TrueCar Return On Equity from 2010 to 2024

TRUE Stock  USD 2.85  0.03  1.04%   
TrueCar's Return On Equity is increasing over the years with slightly volatile fluctuation. Return On Equity is expected to dwindle to -0.33. Return On Equity is a measure of the profitability of TrueCar 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
(0.31)
Current Value
(0.33)
Quarterly Volatility
0.25915544
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TrueCar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TrueCar main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.8 M, Interest Expense of 139 M or Selling General Administrative of 55.2 M, as well as many exotic indicators such as Price To Sales Ratio of 1.86, Dividend Yield of 0.0 or PTB Ratio of 3.62. TrueCar financial statements analysis is a perfect complement when working with TrueCar Valuation or Volatility modules.
  
This module can also supplement TrueCar's financial leverage analysis and stock options assessment as well as various TrueCar Technical models . Check out the analysis of TrueCar Correlation against competitors.
For information on how to trade TrueCar Stock refer to our How to Trade TrueCar Stock guide.

Latest TrueCar's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of TrueCar over the last few years. Return on Equity is the amount of TrueCar net income returned as a percentage of TrueCar equity. Return on equity measures TrueCar profitability by revealing how much profit TrueCar 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. TrueCar's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TrueCar's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.2110 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

TrueCar Return On Equity Regression Statistics

Arithmetic Mean(0.33)
Coefficient Of Variation(78.96)
Mean Deviation0.21
Median(0.22)
Standard Deviation0.26
Sample Variance0.07
Range0.707
R-Value0.47
Mean Square Error0.06
R-Squared0.22
Significance0.08
Slope0.03
Total Sum of Squares0.94

TrueCar Return On Equity History

2024 -0.33
2023 -0.31
2022 -0.6
2021 -0.12
2020 -0.0517
2019 -0.17
2018 -0.0817

About TrueCar Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include TrueCar income statement, its balance sheet, and the statement of cash flows. TrueCar investors use historical funamental indicators, such as TrueCar's Return On Equity, to determine how well the company is positioned to perform in the future. Although TrueCar investors may use each financial statement separately, they are all related. The changes in TrueCar's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on TrueCar'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 TrueCar Financial Statements. Understanding these patterns can help to make the right decision on long term investment in TrueCar. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(0.31)(0.33)

Currently Active Assets on Macroaxis

When determining whether TrueCar is a strong investment it is important to analyze TrueCar'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 TrueCar's future performance. For an informed investment choice regarding TrueCar Stock, refer to the following important reports:
Check out the analysis of TrueCar Correlation against competitors.
For information on how to trade TrueCar Stock refer to our How to Trade TrueCar Stock guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for TrueCar Stock analysis

When running TrueCar's price analysis, check to measure TrueCar'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 TrueCar is operating at the current time. Most of TrueCar's value examination focuses on studying past and present price action to predict the probability of TrueCar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TrueCar's price. Additionally, you may evaluate how the addition of TrueCar to your portfolios can decrease your overall portfolio volatility.
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Is TrueCar's industry 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 TrueCar. If investors know TrueCar 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 TrueCar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.55)
Revenue Per Share
1.8
Quarterly Revenue Growth
0.11
Return On Assets
(0.09)
Return On Equity
(0.21)
The market value of TrueCar is measured differently than its book value, which is the value of TrueCar that is recorded on the company's balance sheet. Investors also form their own opinion of TrueCar's value that differs from its market value or its book value, called intrinsic value, which is TrueCar'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 TrueCar's market value can be influenced by many factors that don't directly affect TrueCar'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 TrueCar's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueCar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueCar'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.