Nextdoor Return On Equity from 2010 to 2024

KIND Stock  USD 2.53  0.03  1.20%   
Nextdoor Holdings' Return On Equity is increasing over the years with slightly volatile fluctuation. Return On Equity is expected to dwindle to -0.28. Return On Equity is a measure of the profitability of Nextdoor Holdings 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
(0.26)
Current Value
(0.28)
Quarterly Volatility
0.17237953
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nextdoor Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nextdoor Holdings' main balance sheet or income statement drivers, such as Tax Provision of 2.1 M, Net Interest Income of 23.7 M or Interest Income of 23.7 M, as well as many indicators such as Price To Sales Ratio of 3.12, Dividend Yield of 0.0 or PTB Ratio of 2.51. Nextdoor financial statements analysis is a perfect complement when working with Nextdoor Holdings Valuation or Volatility modules.
  
Check out the analysis of Nextdoor Holdings Correlation against competitors.
For information on how to trade Nextdoor Stock refer to our How to Trade Nextdoor Stock guide.

Latest Nextdoor Holdings' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Nextdoor Holdings over the last few years. Return on Equity is the amount of Nextdoor Holdings net income returned as a percentage of Nextdoor Holdings equity. Return on equity measures Nextdoor Holdings profitability by revealing how much profit Nextdoor Holdings 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. Nextdoor Holdings' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nextdoor Holdings' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.2510 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Nextdoor Return On Equity Regression Statistics

Arithmetic Mean(0.30)
Geometric Mean0.32
Coefficient Of Variation(57.39)
Mean Deviation0.11
Median(0.39)
Standard Deviation0.17
Sample Variance0.03
Range0.6385
R-Value0.48
Mean Square Error0.02
R-Squared0.23
Significance0.07
Slope0.02
Total Sum of Squares0.42

Nextdoor Return On Equity History

2024 -0.28
2023 -0.26
2022 -0.23
2021 -0.13
2020 0.25

About Nextdoor Holdings Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Nextdoor Holdings income statement, its balance sheet, and the statement of cash flows. Nextdoor Holdings investors use historical funamental indicators, such as Nextdoor Holdings's Return On Equity, to determine how well the company is positioned to perform in the future. Although Nextdoor Holdings investors may use each financial statement separately, they are all related. The changes in Nextdoor Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nextdoor Holdings'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 Nextdoor Holdings Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Nextdoor Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(0.26)(0.28)

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Additional Information and Resources on Investing in Nextdoor Stock

When determining whether Nextdoor Holdings is a strong investment it is important to analyze Nextdoor Holdings' 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 Nextdoor Holdings' future performance. For an informed investment choice regarding Nextdoor Stock, refer to the following important reports:
Check out the analysis of Nextdoor Holdings Correlation against competitors.
For information on how to trade Nextdoor Stock refer to our How to Trade Nextdoor Stock guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Movies & Entertainment 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 Nextdoor Holdings. If investors know Nextdoor 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 Nextdoor Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.37)
Revenue Per Share
0.577
Quarterly Revenue Growth
0.068
Return On Assets
(0.15)
Return On Equity
(0.25)
The market value of Nextdoor Holdings is measured differently than its book value, which is the value of Nextdoor that is recorded on the company's balance sheet. Investors also form their own opinion of Nextdoor Holdings' value that differs from its market value or its book value, called intrinsic value, which is Nextdoor Holdings' 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 Nextdoor Holdings' market value can be influenced by many factors that don't directly affect Nextdoor Holdings' 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 Nextdoor Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nextdoor Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextdoor Holdings' 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.