AeroVironment Return On Tangible Assets from 2010 to 2024

AVAV Stock  USD 193.10  10.09  4.97%   
AeroVironment Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to 0.06 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
0.0893225
Current Value
0.0639
Quarterly Volatility
0.09230325
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AeroVironment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AeroVironment's main balance sheet or income statement drivers, such as Interest Expense of 2.4 M, Total Revenue of 752.6 M or Gross Profit of 297.4 M, as well as many indicators such as Price To Sales Ratio of 6.37, Dividend Yield of 0.0 or PTB Ratio of 6.49. AeroVironment financial statements analysis is a perfect complement when working with AeroVironment Valuation or Volatility modules.
  
Check out the analysis of AeroVironment Correlation against competitors.
For more information on how to buy AeroVironment Stock please use our How to Invest in AeroVironment guide.

Latest AeroVironment's Return On Tangible Assets Growth Pattern

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

AeroVironment Return On Tangible Assets Regression Statistics

Arithmetic Mean0.02
Geometric Mean0.05
Coefficient Of Variation381.03
Mean Deviation0.05
Median0.04
Standard Deviation0.09
Sample Variance0.01
Range0.3827
R-Value(0.21)
Mean Square Error0.01
R-Squared0.05
Significance0.44
Slope(0)
Total Sum of Squares0.12

AeroVironment Return On Tangible Assets History

2024 0.0639
2023 0.0893
2022 -0.29
2021 -0.0182
2020 0.0666
2019 0.0727
2018 0.0933

About AeroVironment Financial Statements

AeroVironment investors use historical fundamental indicators, such as AeroVironment'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 AeroVironment. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.09  0.06 

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Additional Tools for AeroVironment Stock Analysis

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