Under Return On Tangible Assets from 2010 to 2024

UA Stock  USD 8.77  0.14  1.57%   
Under Armour's Return On Tangible Assets are decreasing over the years with slightly volatile fluctuation. Overall, Return On Tangible Assets are expected to go to 0.08 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
0.05427335
Current Value
0.08027788
Quarterly Volatility
0.06562562
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Under Armour financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Under Armour's main balance sheet or income statement drivers, such as Interest Expense of 15.1 M, Total Revenue of 3.4 B or Gross Profit of 1.6 B, as well as many indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 3.0E-4 or PTB Ratio of 4.61. Under financial statements analysis is a perfect complement when working with Under Armour Valuation or Volatility modules.
  
Check out the analysis of Under Armour Correlation against competitors.

Latest Under Armour's Return On Tangible Assets Growth Pattern

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

Under Return On Tangible Assets Regression Statistics

Arithmetic Mean0.06
Coefficient Of Variation110.09
Mean Deviation0.05
Median0.09
Standard Deviation0.07
Sample Variance0
Range0.235
R-Value(0.38)
Mean Square Error0
R-Squared0.15
Significance0.16
Slope(0.01)
Total Sum of Squares0.06

Under Return On Tangible Assets History

2023 0.0543
2021 0.0803
2020 -0.12
2019 0.0216
2018 -0.0127
2017 -0.0142
2016 0.0855

About Under Armour Financial Statements

Under Armour stakeholders use historical fundamental indicators, such as Under Armour's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Under Armour investors may analyze each financial statement separately, they are all interrelated. For example, changes in Under Armour's assets and liabilities are reflected in the revenues and expenses on Under Armour's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Under Armour C. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.05  0.08 

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.
Check out the analysis of Under Armour Correlation against competitors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Under Armour. If investors know Under will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Under Armour listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.686
Earnings Share
(0.04)
Revenue Per Share
12.41
Quarterly Revenue Growth
(0.11)
Return On Assets
0.0284
The market value of Under Armour C is measured differently than its book value, which is the value of Under that is recorded on the company's balance sheet. Investors also form their own opinion of Under Armour's value that differs from its market value or its book value, called intrinsic value, which is Under Armour's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Under Armour's market value can be influenced by many factors that don't directly affect Under Armour's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Under Armour's value and its price as these two are different measures arrived at by different means. Investors typically determine if Under Armour is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Under Armour's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.