EVgo Return On Tangible Assets from 2010 to 2024

EVGOW Stock  USD 1.10  0.01  0.90%   
EVgo Equity Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to -0.06 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
(0.06)
Current Value
(0.06)
Quarterly Volatility
0.1614269
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check EVgo Equity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EVgo Equity's main balance sheet or income statement drivers, such as Net Interest Income of 9.7 M, Depreciation And Amortization of 33 M or Interest Expense of 0.0, as well as many indicators such as Price To Sales Ratio of 1.91, Dividend Yield of 0.0 or Days Sales Outstanding of 93.89. EVgo financial statements analysis is a perfect complement when working with EVgo Equity Valuation or Volatility modules.
  
Check out the analysis of EVgo Equity Correlation against competitors.

Latest EVgo Equity's Return On Tangible Assets Growth Pattern

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

EVgo Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.20)
Coefficient Of Variation(80.98)
Mean Deviation0.1
Median(0.17)
Standard Deviation0.16
Sample Variance0.03
Range0.6091
R-Value0.01
Mean Square Error0.03
R-Squared0.000038
Significance0.98
Slope0.0002
Total Sum of Squares0.36

EVgo Return On Tangible Assets History

2024 -0.0613
2023 -0.0584
2021 -0.0131
2020 -0.62
2019 -0.52

About EVgo Equity Financial Statements

EVgo Equity investors use historical fundamental indicators, such as EVgo Equity'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 EVgo Equity. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.06)(0.06)

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Additional Tools for EVgo Stock Analysis

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