Solitario Return On Tangible Assets from 2010 to 2024

XPL Stock  USD 0.67  0.01  1.47%   
Solitario Exploration Return On Tangible Assets yearly trend continues to be quite stable with very little volatility. The value of Return On Tangible Assets are projected to decrease to -0.15. 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
(0.14)
Current Value
(0.15)
Quarterly Volatility
0.16341801
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Solitario Exploration financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Solitario Exploration's main balance sheet or income statement drivers, such as Depreciation And Amortization of 23.8 K, Interest Expense of 800.6 K or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 46.72, Dividend Yield of 0.0 or PTB Ratio of 1.41. Solitario financial statements analysis is a perfect complement when working with Solitario Exploration Valuation or Volatility modules.
  
Check out the analysis of Solitario Exploration Correlation against competitors.

Latest Solitario Exploration's Return On Tangible Assets Growth Pattern

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

Solitario Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.07)
Geometric Mean0.11
Coefficient Of Variation(219.57)
Mean Deviation0.09
Median(0.11)
Standard Deviation0.16
Sample Variance0.03
Range0.6998
R-Value(0.18)
Mean Square Error0.03
R-Squared0.03
Significance0.51
Slope(0.01)
Total Sum of Squares0.37

Solitario Return On Tangible Assets History

2022 -0.21
2020 -0.021
2019 -0.15
2017 -0.031
2016 -0.0971
2015 0.49
2014 -0.0963

About Solitario Exploration Financial Statements

Solitario Exploration investors utilize fundamental indicators, such as Return On Tangible Assets, to predict how Solitario 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(0.14)(0.15)

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Solitario Exploration is a strong investment it is important to analyze Solitario Exploration's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Solitario Exploration's future performance. For an informed investment choice regarding Solitario Stock, refer to the following important reports:
Check out the analysis of Solitario Exploration Correlation against competitors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Diversified Metals & Mining 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 Solitario Exploration. If investors know Solitario 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 Solitario Exploration listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.06)
Revenue Per Share
(0.01)
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.15)
Return On Equity
(0.21)
The market value of Solitario Exploration is measured differently than its book value, which is the value of Solitario that is recorded on the company's balance sheet. Investors also form their own opinion of Solitario Exploration's value that differs from its market value or its book value, called intrinsic value, which is Solitario Exploration'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 Solitario Exploration's market value can be influenced by many factors that don't directly affect Solitario Exploration'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 Solitario Exploration's value and its price as these two are different measures arrived at by different means. Investors typically determine if Solitario Exploration is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solitario Exploration'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.