Star Return On Tangible Assets from 2010 to 2024

STRR Stock  USD 2.48  0.15  5.70%   
Star Equity Return On Tangible Assets yearly trend continues to be relatively stable with very little volatility. Return On Tangible Assets are likely to grow to 0.45 this year. 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
0.42931329
Current Value
0.45
Quarterly Volatility
0.3153057
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Star Equity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Star Equity's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.6 M, Interest Expense of 924.4 K or Selling General Administrative of 15.6 M, as well as many indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 0.12 or PTB Ratio of 0.24. Star financial statements analysis is a perfect complement when working with Star Equity Valuation or Volatility modules.
  
Check out the analysis of Star Equity Correlation against competitors.

Latest Star Equity's Return On Tangible Assets Growth Pattern

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

Star Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.02)
Geometric Mean0.13
Coefficient Of Variation(1,269)
Mean Deviation0.22
Median(0.07)
Standard Deviation0.32
Sample Variance0.1
Range1.1027
R-Value0.41
Mean Square Error0.09
R-Squared0.16
Significance0.13
Slope0.03
Total Sum of Squares1.39

Star Return On Tangible Assets History

2024 0.45
2023 0.43
2022 -0.0974
2021 -0.19
2020 -0.0854
2019 -0.0848
2018 0.0169

About Star Equity Financial Statements

Star Equity 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 Star Equity investors may analyze each financial statement separately, they are all interrelated. The changes in Star Equity's assets and liabilities, for example, are also reflected in the revenues and expenses on on Star Equity's 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 0.43  0.45 

Additional Tools for Star Stock Analysis

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