Simulations Return on Average Assets Trend from 2010 to 2023

SLP Stock  USD 39.56  0.24  0.60%   
Simulations Plus Return on Average Assets yearly trend continues to be very stable with very little volatility. Return on Average Assets are likely to grow to 7.99 this year. During the period from 2010 to 2023, Simulations Plus Return on Average Assets quarterly data regression pattern had sample variance of 29.82 and median of  17.28. Simulations Plus Net Income is very stable at the moment as compared to the past year. Simulations Plus reported last year Net Income of 11.23 Million. As of 27th of January 2023, Net Income Common Stock is likely to grow to about 3.7 M, while Weighted Average Shares Diluted is likely to drop about 17.3 M.
  
Check Simulations Plus financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Simulations main balance sheet or income statement drivers, such as Direct Expenses of 10.5 M, Consolidated Income of 3.7 M or Cost of Revenue of 4.2 M, as well as many exotic indicators such as Interest Coverage of 200, Calculated Tax Rate of 24.98 or PPandE Turnover of 51.52. Simulations financial statements analysis is a perfect complement when working with Simulations Plus Valuation or Volatility modules. It can also supplement Simulations Plus' financial leverage analysis and stock options assessment as well as various Simulations Plus Technical models . Additionally, take a look at the analysis of Simulations Plus Correlation against competitors.

Simulations Return on Average Assets Breakdown

Showing smoothed Return on Average Assets of Simulations Plus with missing and latest data points interpolated. Return on assets measures how profitable a company is Net Income Common Stock relative to its total assets [AssetsAvg].Simulations Plus' Return on Average Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Simulations Plus' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.0404 %10 Years Trend
Down
Slightly volatile
   Return on Average Assets   
       Timeline  

Simulations Return on Average Assets Regression Statistics

Arithmetic Mean14.16
Geometric Mean12.97
Coefficient Of Variation38.58
Mean Deviation4.84
Median17.28
Standard Deviation5.46
Sample Variance29.82
Range16.23
R-Value(0.70)
Mean Square Error16.57
R-Squared0.49
Significance0.005507
Slope(0.91)
Total Sum of Squares387.69

Simulations Return on Average Assets History

2013 16.33
2014 17.87
2016 17.39
2017 21.85
2018 19.4
2019 8.74
2020 5.62
2021 6.78
2022 7.79
2023 7.99

About Simulations Plus Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Simulations Plus income statement, its balance sheet, and the statement of cash flows. Simulations Plus investors use historical funamental indicators, such as Simulations Plus's Return on Average Assets, to determine how well the company is positioned to perform in the future. Although Simulations Plus investors may use each financial statement separately, they are all related. The changes in Simulations Plus's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Simulations Plus'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 Simulations Plus Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Simulations Plus. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Return on Average Assets 7.79  7.99 
Average Assets17.1 M18.5 M
Average Equity13.5 M14.6 M
Invested Capital Average2.1 M1.9 M

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Our tools can tell you how much better you can do entering a position in Simulations Plus without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at the analysis of Simulations Plus Correlation against competitors. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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Is Simulations Plus' 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 Simulations Plus. If investors know Simulations 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 Simulations Plus 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
(0.60) 
Market Capitalization
808.5 M
Quarterly Revenue Growth
(0.036) 
Return On Assets
0.0404
Return On Equity
0.0614
The market value of Simulations Plus is measured differently than its book value, which is the value of Simulations that is recorded on the company's balance sheet. Investors also form their own opinion of Simulations Plus' value that differs from its market value or its book value, called intrinsic value, which is Simulations Plus' 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 Simulations Plus' market value can be influenced by many factors that don't directly affect Simulations Plus' 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 Simulations Plus' value and its price as these two are different measures arrived at by different means. Investors typically determine Simulations Plus value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simulations Plus' 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.