AdvanSix Return On Tangible Assets from 2010 to 2024

ASIX Stock  USD 32.47  0.85  2.69%   
AdvanSix Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to 0.04 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
0.03919462
Current Value
0.0372
Quarterly Volatility
0.03659376
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AdvanSix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AdvanSix's main balance sheet or income statement drivers, such as Depreciation And Amortization of 57.5 M, Interest Expense of 7.9 M or Selling General Administrative of 78 M, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.0193 or PTB Ratio of 1.98. AdvanSix financial statements analysis is a perfect complement when working with AdvanSix Valuation or Volatility modules.
  
Check out the analysis of AdvanSix Correlation against competitors.
For more information on how to buy AdvanSix Stock please use our How to Invest in AdvanSix guide.

Latest AdvanSix's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of AdvanSix over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. AdvanSix's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AdvanSix'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  

AdvanSix Return On Tangible Assets Regression Statistics

Arithmetic Mean0.08
Geometric Mean0.07
Coefficient Of Variation44.99
Mean Deviation0.03
Median0.10
Standard Deviation0.04
Sample Variance0
Range0.1078
R-Value(0.44)
Mean Square Error0
R-Squared0.19
Significance0.10
Slope(0)
Total Sum of Squares0.02

AdvanSix Return On Tangible Assets History

2024 0.0372
2023 0.0392
2022 0.12
2021 0.11
2020 0.0369
2019 0.0339
2018 0.065

About AdvanSix Financial Statements

AdvanSix investors use historical fundamental indicators, such as AdvanSix's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in AdvanSix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.04  0.04 

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Additional Tools for AdvanSix Stock Analysis

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