Radiant Return On Tangible Assets from 2010 to 2024

RLGT Stock  USD 7.09  0.02  0.28%   
Radiant Logistics Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets will likely drop to -0.03 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
0.03159964
Current Value
(0.03)
Quarterly Volatility
0.04420791
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Radiant Logistics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Radiant Logistics' main balance sheet or income statement drivers, such as Interest Expense of 1 M, Selling General Administrative of 37.8 M or Other Operating Expenses of 488 M, as well as many indicators such as Price To Sales Ratio of 0.21, Dividend Yield of 0.0094 or PTB Ratio of 3.59. Radiant financial statements analysis is a perfect complement when working with Radiant Logistics Valuation or Volatility modules.
  
Check out the analysis of Radiant Logistics Correlation against competitors.
For more information on how to buy Radiant Stock please use our How to Invest in Radiant Logistics guide.

Latest Radiant Logistics' Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Radiant Logistics over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Radiant Logistics' Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Radiant Logistics' overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Pretty Stable
   Return On Tangible Assets   
       Timeline  

Radiant Return On Tangible Assets Regression Statistics

Arithmetic Mean0.05
Geometric Mean0.05
Coefficient Of Variation89.49
Mean Deviation0.03
Median0.06
Standard Deviation0.04
Sample Variance0
Range0.1514
R-Value0.17
Mean Square Error0
R-Squared0.03
Significance0.55
Slope0
Total Sum of Squares0.03

Radiant Return On Tangible Assets History

2024 -0.0281
2023 0.0316
2022 0.0769
2021 0.12
2020 0.095
2019 0.0597
2018 0.11

About Radiant Logistics Financial Statements

Radiant Logistics shareholders use historical fundamental indicators, such as Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Radiant Logistics investors may analyze each financial statement separately, they are all interrelated. The changes in Radiant Logistics' assets and liabilities, for example, are also reflected in the revenues and expenses on on Radiant Logistics' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.03 (0.03)

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Additional Tools for Radiant Stock Analysis

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