ASP Return On Tangible Assets from 2010 to 2024

ASPI Stock  USD 5.34  0.56  9.49%   
ASP Isotopes' Return On Tangible Assets are decreasing with slightly volatile movements from year to year. Return On Tangible Assets are predicted to flatten to -0.64. 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
(0.60)
Current Value
(0.64)
Quarterly Volatility
0.09042947
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ASP Isotopes financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ASP Isotopes' main balance sheet or income statement drivers, such as Depreciation And Amortization of 35.6 K, Selling General Administrative of 9.6 M or Total Revenue of 411.4 K, as well as many indicators such as Price To Sales Ratio of 109, Dividend Yield of 0.0 or PTB Ratio of 3.45. ASP financial statements analysis is a perfect complement when working with ASP Isotopes Valuation or Volatility modules.
  
Check out the analysis of ASP Isotopes Correlation against competitors.

Latest ASP Isotopes' Return On Tangible Assets Growth Pattern

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

ASP Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.40)
Coefficient Of Variation(22.57)
Mean Deviation0.06
Median(0.37)
Standard Deviation0.09
Sample Variance0.01
Range0.2749
R-Value(0.61)
Mean Square Error0.01
R-Squared0.37
Significance0.02
Slope(0.01)
Total Sum of Squares0.11

ASP Return On Tangible Assets History

2024 -0.64
2023 -0.6
2022 -0.38

About ASP Isotopes Financial Statements

Investors use fundamental indicators, such as ASP Isotopes' Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although ASP Isotopes' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.60)(0.64)

Currently Active Assets on Macroaxis

When determining whether ASP Isotopes Common offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASP Isotopes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asp Isotopes Common Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asp Isotopes Common Stock:
Check out the analysis of ASP Isotopes Correlation against competitors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Diversified Metals & Mining 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 ASP Isotopes. If investors know ASP 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 ASP Isotopes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.62)
Revenue Per Share
0.055
Return On Assets
(0.39)
Return On Equity
(1.98)
The market value of ASP Isotopes Common is measured differently than its book value, which is the value of ASP that is recorded on the company's balance sheet. Investors also form their own opinion of ASP Isotopes' value that differs from its market value or its book value, called intrinsic value, which is ASP Isotopes' 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 ASP Isotopes' market value can be influenced by many factors that don't directly affect ASP Isotopes' 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 ASP Isotopes' value and its price as these two are different measures arrived at by different means. Investors typically determine if ASP Isotopes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASP Isotopes' 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.