ESH Return On Tangible Assets from 2010 to 2024

ESHA Stock   11.88  1.07  9.90%   
ESH Acquisition's Return On Tangible Assets are increasing over the years with stable fluctuation. Overall, Return On Tangible Assets are expected to go to 0.02 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
0.01591479
Current Value
0.0167
Quarterly Volatility
0.01318918
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ESH Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ESH Acquisition's main balance sheet or income statement drivers, such as Depreciation And Amortization of 168.8 K, Other Operating Expenses of 534.5 K or EBIT of 2.7 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.3. ESH financial statements analysis is a perfect complement when working with ESH Acquisition Valuation or Volatility modules.
  
Check out the analysis of ESH Acquisition Correlation against competitors.

Latest ESH Acquisition's Return On Tangible Assets Growth Pattern

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

ESH Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.01)
Coefficient Of Variation(141.92)
Mean Deviation0.01
Median(0.01)
Standard Deviation0.01
Sample Variance0.0002
Range0.0591
R-Value0.24
Mean Square Error0.0002
R-Squared0.06
Significance0.40
Slope0.0007
Total Sum of Squares0

ESH Return On Tangible Assets History

2024 0.0167
2023 0.0159
2022 -0.0424

About ESH Acquisition Financial Statements

ESH Acquisition stakeholders use historical fundamental indicators, such as ESH Acquisition's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although ESH Acquisition investors may analyze each financial statement separately, they are all interrelated. For example, changes in ESH Acquisition's assets and liabilities are reflected in the revenues and expenses on ESH Acquisition'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 ESH Acquisition Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.02 

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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 ESH Acquisition Corp is a strong investment it is important to analyze ESH Acquisition's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ESH Acquisition's future performance. For an informed investment choice regarding ESH Stock, refer to the following important reports:
Check out the analysis of ESH Acquisition Correlation against competitors.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Asset Management & Custody 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 ESH Acquisition. If investors know ESH 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 ESH Acquisition 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
20.897
Earnings Share
0.3
Return On Assets
(0)
Return On Equity
1.8532
The market value of ESH Acquisition Corp is measured differently than its book value, which is the value of ESH that is recorded on the company's balance sheet. Investors also form their own opinion of ESH Acquisition's value that differs from its market value or its book value, called intrinsic value, which is ESH Acquisition'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 ESH Acquisition's market value can be influenced by many factors that don't directly affect ESH Acquisition'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 ESH Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESH Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESH Acquisition'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.