Camden Return On Tangible Assets from 2010 to 2024

CAC Stock  USD 47.58  0.26  0.54%   
Camden National's Return On Tangible Assets are increasing over the years with very volatile fluctuation. Overall, Return On Tangible Assets are expected to go to 0.01 this year. 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
0.00772099
Current Value
0.0129
Quarterly Volatility
0.00271642
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Camden National financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Camden National's main balance sheet or income statement drivers, such as Depreciation And Amortization of 562.4 K, Interest Expense of 98.7 M or Selling General Administrative of 4.3 M, as well as many indicators such as Price To Sales Ratio of 5.05, Dividend Yield of 0.0235 or PTB Ratio of 1.9. Camden financial statements analysis is a perfect complement when working with Camden National Valuation or Volatility modules.
  
Check out the analysis of Camden National Correlation against competitors.
For information on how to trade Camden Stock refer to our How to Trade Camden Stock guide.

Latest Camden National's Return On Tangible Assets Growth Pattern

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

Camden Return On Tangible Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation25.31
Mean Deviation0
Median0.01
Standard Deviation0
Sample Variance0.00000738
Range0.0101
R-Value0.04
Mean Square Error0.00000793
R-Squared0
Significance0.89
Slope0.000024
Total Sum of Squares0.0001

Camden Return On Tangible Assets History

2024 0.0129
2023 0.007721
2022 0.011
2021 0.0128
2020 0.0124
2019 0.0132
2018 0.0126

About Camden National Financial Statements

Camden National stakeholders use historical fundamental indicators, such as Camden National's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Camden National investors may analyze each financial statement separately, they are all interrelated. For example, changes in Camden National's assets and liabilities are reflected in the revenues and expenses on Camden National's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Camden National. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Camden National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Camden National's 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 Camden National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Camden National Stock:
Check out the analysis of Camden National Correlation against competitors.
For information on how to trade Camden Stock refer to our How to Trade Camden Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Regional Banks 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 Camden National. If investors know Camden 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 Camden National 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
0.339
Dividend Share
1.68
Earnings Share
3.2
Revenue Per Share
11.579
Quarterly Revenue Growth
0.171
The market value of Camden National is measured differently than its book value, which is the value of Camden that is recorded on the company's balance sheet. Investors also form their own opinion of Camden National's value that differs from its market value or its book value, called intrinsic value, which is Camden National's 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 Camden National's market value can be influenced by many factors that don't directly affect Camden National's 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 Camden National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Camden National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Camden National's 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.