Odyssey Return On Tangible Assets from 2010 to 2024

OMEX Stock  USD 0.42  0.33  44.00%   
Odyssey Marine 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
0.25540143
Current Value
0.27
Quarterly Volatility
3.01576514
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Odyssey Marine financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Odyssey Marine's main balance sheet or income statement drivers, such as Interest Expense of 2.7 M, Total Revenue of 763.6 K or Other Operating Expenses of 17.4 M, as well as many indicators such as Price To Sales Ratio of 110, Dividend Yield of 1.0E-4 or Days Sales Outstanding of 47.59. Odyssey financial statements analysis is a perfect complement when working with Odyssey Marine Valuation or Volatility modules.
  
Check out the analysis of Odyssey Marine Correlation against competitors.

Latest Odyssey Marine's Return On Tangible Assets Growth Pattern

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

Odyssey Return On Tangible Assets Regression Statistics

Arithmetic Mean(1.98)
Coefficient Of Variation(152.31)
Mean Deviation1.68
Median(1.24)
Standard Deviation3.02
Sample Variance9.09
Range12.5416
R-Value0.43
Mean Square Error8.02
R-Squared0.18
Significance0.11
Slope0.29
Total Sum of Squares127.33

Odyssey Return On Tangible Assets History

2024 0.27
2023 0.26
2022 -2.02
2021 -1.4
2020 -1.49
2019 -2.98
2018 -0.95

About Odyssey Marine Financial Statements

Odyssey Marine investors use historical fundamental indicators, such as Odyssey Marine'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 Odyssey Marine. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.26  0.27 

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Additional Tools for Odyssey Stock Analysis

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