Ternium Return On Tangible Assets from 2010 to 2024

TX Stock  USD 33.17  0.07  0.21%   
Ternium SA Return On Tangible Assets yearly trend continues to be fairly 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
0.02916108
Current Value
0.0277
Quarterly Volatility
0.06173754
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ternium SA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ternium SA's main balance sheet or income statement drivers, such as Depreciation And Amortization of 383.1 M, Interest Expense of 99.9 M or Selling General Administrative of 601.8 M, as well as many indicators such as Price To Sales Ratio of 0.85, Dividend Yield of 0.0396 or PTB Ratio of 1.17. Ternium financial statements analysis is a perfect complement when working with Ternium SA Valuation or Volatility modules.
  
Check out the analysis of Ternium SA Correlation against competitors.

Latest Ternium SA's Return On Tangible Assets Growth Pattern

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

Ternium Return On Tangible Assets Regression Statistics

Arithmetic Mean0.07
Geometric Mean0.05
Coefficient Of Variation82.43
Mean Deviation0.05
Median0.05
Standard Deviation0.06
Sample Variance0
Range0.2329
R-Value0.08
Mean Square Error0
R-Squared0.01
Significance0.78
Slope0
Total Sum of Squares0.05

Ternium Return On Tangible Assets History

2024 0.0277
2023 0.0292
2022 0.11
2021 0.23
2020 0.0644
2019 0.0466
2018 0.13

About Ternium SA Financial Statements

Ternium SA investors use historical fundamental indicators, such as Ternium SA'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 Ternium SA. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.03  0.03 

Also Currently Popular

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 Ternium Stock Analysis

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