Tanzanian Return On Assets from 2010 to 2025

TRX Stock  USD 0.31  0.01  1.84%   
Tanzanian Royalty Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets will likely drop to -0.0045 in 2025. Return On Assets is a profitability ratio that indicates the percentage of profit Tanzanian Royalty Exploration earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
(0)
Current Value
(0)
Quarterly Volatility
0.19562835
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tanzanian Royalty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tanzanian Royalty's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.7 M, Interest Expense of 2.4 M or Selling General Administrative of 8.2 M, as well as many indicators such as Price To Sales Ratio of 3.01, Dividend Yield of 0.0 or PTB Ratio of 2.26. Tanzanian financial statements analysis is a perfect complement when working with Tanzanian Royalty Valuation or Volatility modules.
  
Check out the analysis of Tanzanian Royalty Correlation against competitors.

Latest Tanzanian Royalty's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Tanzanian Royalty Exploration over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Tanzanian Royalty's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tanzanian Royalty's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Pretty Stable
   Return On Assets   
       Timeline  

Tanzanian Return On Assets Regression Statistics

Arithmetic Mean(0.14)
Coefficient Of Variation(144.56)
Mean Deviation0.12
Median(0.06)
Standard Deviation0.20
Sample Variance0.04
Range0.8093
R-Value0.19
Mean Square Error0.04
R-Squared0.03
Significance0.49
Slope0.01
Total Sum of Squares0.57

Tanzanian Return On Assets History

2025 -0.004493
2024 -0.004279
2023 -0.004754
2022 0.0267
2021 -0.0323
2020 -0.055
2019 -0.3

About Tanzanian Royalty Financial Statements

Tanzanian Royalty investors use historical fundamental indicators, such as Tanzanian Royalty's Return On 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 Tanzanian Royalty. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Tanzanian Stock Analysis

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