Cathay Return On Tangible Assets from 2010 to 2024

CATY Stock  USD 47.49  0.47  1.00%   
Cathay General Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to 0.01 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
0.01559923
Current Value
0.00976
Quarterly Volatility
0.00232795
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cathay General financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cathay General's main balance sheet or income statement drivers, such as Interest Expense of 525.5 M, Other Operating Expenses of 259.4 M or Operating Income of 563.9 M, as well as many indicators such as Price To Sales Ratio of 3.66, Dividend Yield of 0.0253 or PTB Ratio of 1.73. Cathay financial statements analysis is a perfect complement when working with Cathay General Valuation or Volatility modules.
  
Check out the analysis of Cathay General Correlation against competitors.

Latest Cathay General's Return On Tangible Assets Growth Pattern

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

Cathay Return On Tangible Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation17.71
Mean Deviation0
Median0.01
Standard Deviation0
Sample Variance0.00000542
Range0.007
R-Value0.34
Mean Square Error0.00000514
R-Squared0.12
Significance0.21
Slope0.0002
Total Sum of Squares0.000076

Cathay Return On Tangible Assets History

2024 0.00976
2023 0.0156
2022 0.0167
2021 0.0145
2019 0.0158
2018 0.0166

About Cathay General Financial Statements

Cathay General investors use historical fundamental indicators, such as Cathay General'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 Cathay General. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.01 

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Additional Tools for Cathay Stock Analysis

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