Unity Return On Tangible Assets from 2010 to 2024

UNTY Stock  USD 47.45  0.64  1.37%   
Unity Bancorp Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets are likely to outpace its year average 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
0.01540828
Current Value
0.0162
Quarterly Volatility
0.0047361
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Unity Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Unity Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Interest Expense of 50.9 M or Selling General Administrative of 33.2 M, as well as many indicators such as Price To Sales Ratio of 1.85, Dividend Yield of 0.0124 or PTB Ratio of 1.4. Unity financial statements analysis is a perfect complement when working with Unity Bancorp Valuation or Volatility modules.
  
Check out the analysis of Unity Bancorp Correlation against competitors.
For more information on how to buy Unity Stock please use our How to Invest in Unity Bancorp guide.

Latest Unity Bancorp's Return On Tangible Assets Growth Pattern

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

Unity Return On Tangible Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation44.78
Mean Deviation0
Median0.01
Standard Deviation0
Sample Variance0.000022
Range0.0146
R-Value0.94
Mean Square Error0.00000267
R-Squared0.89
Slope0.001
Total Sum of Squares0.0003

Unity Return On Tangible Assets History

2024 0.0162
2023 0.0154
2022 0.0157
2021 0.0178
2020 0.0123
2019 0.0138
2018 0.0139

About Unity Bancorp Financial Statements

Unity Bancorp investors use historical fundamental indicators, such as Unity Bancorp'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 Unity Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.02 

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Additional Tools for Unity Stock Analysis

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