Catheter Return On Tangible Assets from 2010 to 2024

VTAK Stock   0.35  0.02  5.41%   
Catheter Precision Return On Tangible Assets yearly trend continues to be quite stable with very little volatility. Return On Tangible Assets may rise above -15.18 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
(15.97)
Current Value
(15.18)
Quarterly Volatility
5.1648136
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Catheter Precision financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Catheter Precision's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Interest Expense of 3.7 M or Total Revenue of 419.9 K, as well as many indicators such as Price To Sales Ratio of 47.72, Dividend Yield of 0.0 or PTB Ratio of 1.1. Catheter financial statements analysis is a perfect complement when working with Catheter Precision Valuation or Volatility modules.
  
Check out the analysis of Catheter Precision Correlation against competitors.
For more information on how to buy Catheter Stock please use our How to buy in Catheter Stock guide.

Latest Catheter Precision's Return On Tangible Assets Growth Pattern

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

Catheter Return On Tangible Assets Regression Statistics

Arithmetic Mean(2.89)
Coefficient Of Variation(178.76)
Mean Deviation3.38
Median(0.72)
Standard Deviation5.16
Sample Variance26.68
Range15.5573
R-Value(0.62)
Mean Square Error17.63
R-Squared0.39
Significance0.01
Slope(0.72)
Total Sum of Squares373.45

Catheter Return On Tangible Assets History

2024 -15.18
2023 -15.97
2022 -1.6
2021 -1.19
2020 -1.08
2019 -1.29
2018 -0.42

About Catheter Precision Financial Statements

Catheter Precision investors utilize fundamental indicators, such as Return On Tangible Assets, to predict how Catheter Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Tangible Assets(15.97)(15.18)

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When determining whether Catheter Precision is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Catheter Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Catheter Precision Stock. Highlighted below are key reports to facilitate an investment decision about Catheter Precision Stock:
Check out the analysis of Catheter Precision Correlation against competitors.
For more information on how to buy Catheter Stock please use our How to buy in Catheter Stock guide.
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Is Health Care Equipment & Supplies 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 Catheter Precision. If investors know Catheter 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 Catheter Precision listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Catheter Precision is measured differently than its book value, which is the value of Catheter that is recorded on the company's balance sheet. Investors also form their own opinion of Catheter Precision's value that differs from its market value or its book value, called intrinsic value, which is Catheter Precision'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 Catheter Precision's market value can be influenced by many factors that don't directly affect Catheter Precision'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 Catheter Precision's value and its price as these two are different measures arrived at by different means. Investors typically determine if Catheter Precision is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Catheter Precision'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.