Digital Return On Tangible Assets from 2010 to 2024

APPS Stock  USD 1.46  0.01  0.69%   
Digital Turbine Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets are likely to outpace its year average in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
(1.27)
Current Value
(0.30)
Quarterly Volatility
1.14543775
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Digital Turbine financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Digital Turbine's main balance sheet or income statement drivers, such as Interest Expense of 32.4 M, Total Revenue of 571.7 M or Research Development of 56.9 M, as well as many indicators such as Price To Sales Ratio of 26.71, Dividend Yield of 0.0014 or PTB Ratio of 12.3. Digital financial statements analysis is a perfect complement when working with Digital Turbine Valuation or Volatility modules.
  
Check out the analysis of Digital Turbine Correlation against competitors.
For more information on how to buy Digital Stock please use our How to Invest in Digital Turbine guide.

Latest Digital Turbine's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Digital Turbine over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Digital Turbine's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Digital Turbine's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Digital Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.95)
Coefficient Of Variation(120.29)
Mean Deviation0.87
Median(0.85)
Standard Deviation1.15
Sample Variance1.31
Range3.8531
R-Value0.71
Mean Square Error0.70
R-Squared0.51
Significance0
Slope0.18
Total Sum of Squares18.37

Digital Return On Tangible Assets History

2024 -0.3
2023 -1.27
2022 0.0512
2021 0.0776
2020 0.43
2019 0.2
2018 -0.15

About Digital Turbine Financial Statements

Digital Turbine shareholders use historical fundamental indicators, such as Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Digital Turbine investors may analyze each financial statement separately, they are all interrelated. The changes in Digital Turbine's assets and liabilities, for example, are also reflected in the revenues and expenses on on Digital Turbine's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Tangible Assets(1.27)(0.30)

Thematic Opportunities

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Additional Tools for Digital Stock Analysis

When running Digital Turbine's price analysis, check to measure Digital Turbine'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 Digital Turbine is operating at the current time. Most of Digital Turbine's value examination focuses on studying past and present price action to predict the probability of Digital Turbine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Turbine's price. Additionally, you may evaluate how the addition of Digital Turbine to your portfolios can decrease your overall portfolio volatility.