Gravity Return On Tangible Assets from 2010 to 2024

GRVY Stock  USD 67.71  1.30  1.96%   
Gravity Return On Tangible Assets yearly trend continues to be fairly 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
0.23087873
Current Value
0.24
Quarterly Volatility
0.49881399
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gravity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gravity's main balance sheet or income statement drivers, such as Interest Expense of 153.9 M, Selling General Administrative of 50.1 B or Total Revenue of 761.8 B, as well as many indicators such as Price To Sales Ratio of 0.82, Dividend Yield of 0.0 or PTB Ratio of 1.28. Gravity financial statements analysis is a perfect complement when working with Gravity Valuation or Volatility modules.
  
Check out the analysis of Gravity Correlation against competitors.

Latest Gravity's Return On Tangible Assets Growth Pattern

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

Gravity Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.07)
Geometric Mean0.21
Coefficient Of Variation(702.50)
Mean Deviation0.33
Median0.15
Standard Deviation0.50
Sample Variance0.25
Range1.9227
R-Value0.66
Mean Square Error0.15
R-Squared0.44
Significance0.01
Slope0.07
Total Sum of Squares3.48

Gravity Return On Tangible Assets History

2022 0.19
2021 0.2
2020 0.24
2019 0.23
2018 0.18
2017 0.12
2016 -0.0142

About Gravity Financial Statements

Gravity investors use historical fundamental indicators, such as Gravity'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 Gravity. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.23  0.24 

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Additional Tools for Gravity Stock Analysis

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