Legacy Return On Tangible Assets from 2010 to 2024

LGCY Stock  USD 8.10  0.24  3.05%   
Legacy Education Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to -0.09 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
0.15890172
Current Value
(0.09)
Quarterly Volatility
0.27450106
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Legacy Education financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Legacy Education's main balance sheet or income statement drivers, such as Tax Provision of 1.4 M, Net Interest Income of 807.1 K or Interest Income of 931.2 K, as well as many indicators such as Price To Sales Ratio of 3.69, Dividend Yield of 0.0069 or PTB Ratio of 9.97. Legacy financial statements analysis is a perfect complement when working with Legacy Education Valuation or Volatility modules.
  
Check out the analysis of Legacy Education Correlation against competitors.
For more information on how to buy Legacy Stock please use our How to Invest in Legacy Education guide.

Latest Legacy Education's Return On Tangible Assets Growth Pattern

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

Legacy Return On Tangible Assets Regression Statistics

Arithmetic Mean0.06
Coefficient Of Variation425.48
Mean Deviation0.18
Median0.03
Standard Deviation0.27
Sample Variance0.08
Range1.0749
R-Value(0.03)
Mean Square Error0.08
R-Squared0.0008
Significance0.92
Slope(0)
Total Sum of Squares1.05

Legacy Return On Tangible Assets History

2023 0.16
2022 0.11
2021 0.13
2019 -0.0887
2018 0.0297
2017 -0.0361
2016 -0.043

About Legacy Education Financial Statements

Legacy Education investors use historical fundamental indicators, such as Legacy Education'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 Legacy Education. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.16 (0.09)

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Additional Tools for Legacy Stock Analysis

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