Ageagle Return On Tangible Assets from 2010 to 2024

UAVS Stock  USD 8.70  2.58  42.16%   
Ageagle Aerial Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets will likely drop to -2.94 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
(2.80)
Current Value
(2.94)
Quarterly Volatility
63.08874561
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ageagle Aerial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ageagle Aerial's main balance sheet or income statement drivers, such as Interest Expense of 585.1 K, Selling General Administrative of 14.3 M or Total Revenue of 14.4 M, as well as many indicators such as Price To Sales Ratio of 38.29, Dividend Yield of 5.0E-4 or PTB Ratio of 54.36. Ageagle financial statements analysis is a perfect complement when working with Ageagle Aerial Valuation or Volatility modules.
  
Check out the analysis of Ageagle Aerial Correlation against competitors.

Latest Ageagle Aerial's Return On Tangible Assets Growth Pattern

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

Ageagle Return On Tangible Assets Regression Statistics

Arithmetic Mean(17.40)
Coefficient Of Variation(362.59)
Mean Deviation30.39
Median(1.15)
Standard Deviation63.09
Sample Variance3,980
Range248
R-Value0.42
Mean Square Error3,536
R-Squared0.17
Significance0.12
Slope5.90
Total Sum of Squares55,723

Ageagle Return On Tangible Assets History

2024 -2.94
2023 -2.8
2022 -4.8
2021 -1.15
2020 -0.2
2019 -2.16
2018 -0.73

About Ageagle Aerial Financial Statements

Ageagle Aerial 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 Ageagle Aerial investors may analyze each financial statement separately, they are all interrelated. The changes in Ageagle Aerial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Ageagle Aerial'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(2.80)(2.94)

Thematic Opportunities

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Additional Tools for Ageagle Stock Analysis

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