Steelcase Return On Assets from 2010 to 2024
SCS Stock | USD 12.10 0.32 2.58% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter 0.03625877 | Current Value 0.06270006 | Quarterly Volatility 0.01842973 |
Check Steelcase financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Steelcase main balance sheet or income statement drivers, such as Depreciation And Amortization of 76.9 M, Interest Expense of 19.3 M or Total Revenue of 3.3 B, as well as many exotic indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.16 or PTB Ratio of 2.23. Steelcase financial statements analysis is a perfect complement when working with Steelcase Valuation or Volatility modules.
Steelcase | Return On Assets |
Latest Steelcase's Return On Assets Growth Pattern
Below is the plot of the Return On Assets of Steelcase 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. Steelcase's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Steelcase's overall financial position and show how it may be relating to other accounts over time.
Return On Assets | 10 Years Trend |
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Return On Assets |
Timeline |
Steelcase Return On Assets Regression Statistics
Arithmetic Mean | 0.04 | |
Geometric Mean | 0.03 | |
Coefficient Of Variation | 42.95 | |
Mean Deviation | 0.02 | |
Median | 0.04 | |
Standard Deviation | 0.02 | |
Sample Variance | 0.0003 | |
Range | 0.0624 | |
R-Value | 0.33 | |
Mean Square Error | 0.0003 | |
R-Squared | 0.11 | |
Significance | 0.23 | |
Slope | 0 | |
Total Sum of Squares | 0 |
Steelcase Return On Assets History
About Steelcase Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Steelcase income statement, its balance sheet, and the statement of cash flows. Steelcase investors use historical funamental indicators, such as Steelcase's Return On Assets, to determine how well the company is positioned to perform in the future. Although Steelcase investors may use each financial statement separately, they are all related. The changes in Steelcase's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Steelcase'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 Steelcase Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Steelcase. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Return On Assets | 0.04 | 0.06 |
Currently Active Assets on Macroaxis
When determining whether Steelcase is a strong investment it is important to analyze Steelcase'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 Steelcase's future performance. For an informed investment choice regarding Steelcase Stock, refer to the following important reports:Check out the analysis of Steelcase Correlation against competitors. For more information on how to buy Steelcase Stock please use our How to Invest in Steelcase guide.Note that the Steelcase information on this page should be used as a complementary analysis to other Steelcase's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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When running Steelcase's price analysis, check to measure Steelcase'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 Steelcase is operating at the current time. Most of Steelcase's value examination focuses on studying past and present price action to predict the probability of Steelcase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steelcase's price. Additionally, you may evaluate how the addition of Steelcase to your portfolios can decrease your overall portfolio volatility.
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Is Steelcase'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 Steelcase. If investors know Steelcase 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 Steelcase 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 0.371 | Dividend Share 0.4 | Earnings Share 0.68 | Revenue Per Share 27.716 | Quarterly Revenue Growth (0.03) |
The market value of Steelcase is measured differently than its book value, which is the value of Steelcase that is recorded on the company's balance sheet. Investors also form their own opinion of Steelcase's value that differs from its market value or its book value, called intrinsic value, which is Steelcase'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 Steelcase's market value can be influenced by many factors that don't directly affect Steelcase'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 Steelcase's value and its price as these two are different measures arrived at by different means. Investors typically determine if Steelcase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steelcase'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.