American Return On Tangible Assets from 2010 to 2024

AMS Stock  USD 3.19  0.12  3.91%   
American Shared Return On Tangible Assets yearly trend continues to be comparatively 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
0.0130289
Current Value
0.0206
Quarterly Volatility
0.05231641
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check American Shared financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American Shared's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.6 M, Interest Expense of 1.1 M or Selling General Administrative of 4 M, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.033 or PTB Ratio of 0.68. American financial statements analysis is a perfect complement when working with American Shared Valuation or Volatility modules.
  
Check out the analysis of American Shared Correlation against competitors.

Latest American Shared's Return On Tangible Assets Growth Pattern

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

American Return On Tangible Assets Regression Statistics

Arithmetic Mean(0)
Coefficient Of Variation(1,216)
Mean Deviation0.03
Median0.0009
Standard Deviation0.05
Sample Variance0
Range0.2154
R-Value0.07
Mean Square Error0
R-Squared0
Significance0.80
Slope0.0008
Total Sum of Squares0.04

American Return On Tangible Assets History

2024 0.0206
2023 0.013
2022 0.0312
2021 0.0154
2020 -0.18
2019 0.0266
2018 0.0178

About American Shared Financial Statements

American Shared 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 American Shared investors may analyze each financial statement separately, they are all interrelated. The changes in American Shared's assets and liabilities, for example, are also reflected in the revenues and expenses on on American Shared'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 0.01  0.02 

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Additional Tools for American Stock Analysis

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