Blue Return On Tangible Assets from 2010 to 2024

BRBS Stock  USD 3.46  0.04  1.14%   
Blue Ridge 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
(0.02)
Current Value
(0.02)
Quarterly Volatility
0.00954654
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Blue Ridge financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Blue Ridge's main balance sheet or income statement drivers, such as Discontinued Operations of 406.9 K, Interest Expense of 79.8 M or Selling General Administrative of 34.1 M, as well as many indicators such as Price To Sales Ratio of 2.07, Dividend Yield of 0.0849 or PTB Ratio of 0.29. Blue financial statements analysis is a perfect complement when working with Blue Ridge Valuation or Volatility modules.
  
Check out the analysis of Blue Ridge Correlation against competitors.

Latest Blue Ridge's Return On Tangible Assets Growth Pattern

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

Blue Return On Tangible Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation189.06
Mean Deviation0.01
Median0.01
Standard Deviation0.01
Sample Variance0.000091
Range0.0368
R-Value(0.37)
Mean Square Error0.000085
R-Squared0.14
Significance0.17
Slope(0.0008)
Total Sum of Squares0

Blue Return On Tangible Assets History

2024 -0.0159
2023 -0.0168
2022 0.009067
2021 0.0201
2020 0.012
2019 0.005097
2018 0.008493

About Blue Ridge Financial Statements

Blue Ridge 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 Blue Ridge investors may analyze each financial statement separately, they are all interrelated. The changes in Blue Ridge's assets and liabilities, for example, are also reflected in the revenues and expenses on on Blue Ridge'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(0.02)(0.02)

Thematic Opportunities

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Additional Tools for Blue Stock Analysis

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