Mars Return On Tangible Assets from 2010 to 2024

MARX Stock   6.83  0.23  3.48%   
Mars Acquisition 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
0.0208
Current Value
0.0219
Quarterly Volatility
0.4903013
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mars Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mars Acquisition's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.3 M, Other Operating Expenses of 629.8 K or EBITDA 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 0.86. Mars financial statements analysis is a perfect complement when working with Mars Acquisition Valuation or Volatility modules.
  
Check out the analysis of Mars Acquisition Correlation against competitors.

Latest Mars Acquisition's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Mars 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. Mars Acquisition's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mars Acquisition'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  

Mars Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.77)
Geometric Mean0.36
Coefficient Of Variation(63.49)
Mean Deviation0.42
Median(1.06)
Standard Deviation0.49
Sample Variance0.24
Range1.081
R-Value0.77
Mean Square Error0.11
R-Squared0.59
Significance0.0008
Slope0.08
Total Sum of Squares3.37

Mars Return On Tangible Assets History

2024 0.0219
2023 0.0208
2022 0.0231
2021 -0.0132

About Mars Acquisition Financial Statements

Mars Acquisition investors use historical fundamental indicators, such as Mars Acquisition'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 Mars Acquisition. 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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Additional Tools for Mars Stock Analysis

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