Bancolombia Return On Assets from 2010 to 2024

CIB Stock  USD 32.07  0.55  1.69%   
Bancolombia's Return On Assets are increasing over the years with stable fluctuation. Return On Assets are expected to dwindle to 0.01. Return On Assets is a profitability ratio that indicates the percentage of profit Bancolombia SA ADR 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
0.01783733
Current Value
0.0113
Quarterly Volatility
0.00584575
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bancolombia financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bancolombia main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 T, Interest Expense of 17.5 T or Selling General Administrative of 10.7 T, as well as many exotic indicators such as Price To Sales Ratio of 2.53, Dividend Yield of 0.0347 or PTB Ratio of 1.79. Bancolombia financial statements analysis is a perfect complement when working with Bancolombia Valuation or Volatility modules.
  
This module can also supplement Bancolombia's financial leverage analysis and stock options assessment as well as various Bancolombia Technical models . Check out the analysis of Bancolombia Correlation against competitors.

Latest Bancolombia's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Bancolombia SA ADR 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. Bancolombia's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bancolombia'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  

Bancolombia Return On Assets Regression Statistics

Arithmetic Mean0.01
Coefficient Of Variation46.39
Mean Deviation0
Median0.01
Standard Deviation0.01
Sample Variance0.000034
Range0.0208
R-Value0.17
Mean Square Error0.000036
R-Squared0.03
Significance0.55
Slope0.0002
Total Sum of Squares0.0005

Bancolombia Return On Assets History

2024 0.0113
2023 0.0178
2022 0.0192
2021 0.0141
2020 0.00108
2019 0.0132
2018 0.0121

About Bancolombia Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Bancolombia income statement, its balance sheet, and the statement of cash flows. Bancolombia investors use historical funamental indicators, such as Bancolombia's Return On Assets, to determine how well the company is positioned to perform in the future. Although Bancolombia investors may use each financial statement separately, they are all related. The changes in Bancolombia's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Bancolombia'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 Bancolombia Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Bancolombia. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.02  0.01 

Pair Trading with Bancolombia

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bancolombia position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bancolombia will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Bancolombia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bancolombia when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bancolombia - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bancolombia SA ADR to buy it.
The correlation of Bancolombia is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bancolombia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bancolombia SA ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bancolombia can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Bancolombia SA ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bancolombia's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bancolombia Sa Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bancolombia Sa Adr Stock:
Check out the analysis of Bancolombia Correlation against competitors.
You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

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When running Bancolombia's price analysis, check to measure Bancolombia'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 Bancolombia is operating at the current time. Most of Bancolombia's value examination focuses on studying past and present price action to predict the probability of Bancolombia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bancolombia's price. Additionally, you may evaluate how the addition of Bancolombia to your portfolios can decrease your overall portfolio volatility.
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Is Bancolombia'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 Bancolombia. If investors know Bancolombia 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 Bancolombia 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
(0.12)
Dividend Share
3.5 K
Earnings Share
6.47
Revenue Per Share
21.7 K
Quarterly Revenue Growth
0.037
The market value of Bancolombia SA ADR is measured differently than its book value, which is the value of Bancolombia that is recorded on the company's balance sheet. Investors also form their own opinion of Bancolombia's value that differs from its market value or its book value, called intrinsic value, which is Bancolombia'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 Bancolombia's market value can be influenced by many factors that don't directly affect Bancolombia'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 Bancolombia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bancolombia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bancolombia'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.