Cars Return On Tangible Assets from 2010 to 2024

CARS Stock  USD 18.34  0.44  2.34%   
Cars Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets will likely drop to 0.23 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
0.33249304
Current Value
0.23
Quarterly Volatility
2.1481694
 
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Yuan Drop
 
Covid
Check Cars financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cars' main balance sheet or income statement drivers, such as Depreciation And Amortization of 92.1 M, Interest Expense of 21.5 M or Selling General Administrative of 114.9 M, as well as many indicators such as Price To Sales Ratio of 2.84, Dividend Yield of 0.18 or PTB Ratio of 2.7. Cars financial statements analysis is a perfect complement when working with Cars Valuation or Volatility modules.
  
Check out the analysis of Cars Correlation against competitors.

Latest Cars' Return On Tangible Assets Growth Pattern

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

Cars Return On Tangible Assets Regression Statistics

Arithmetic Mean0.91
Geometric Mean0.69
Coefficient Of Variation235.25
Mean Deviation1.61
Median0.33
Standard Deviation2.15
Sample Variance4.61
Range7.1312
R-Value(0.61)
Mean Square Error3.14
R-Squared0.37
Significance0.02
Slope(0.29)
Total Sum of Squares64.60

Cars Return On Tangible Assets History

2024 0.23
2023 0.33
2022 0.0801
2020 -3.4
2019 -2.31
2018 0.19

About Cars Financial Statements

Cars 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 Cars investors may analyze each financial statement separately, they are all interrelated. The changes in Cars' assets and liabilities, for example, are also reflected in the revenues and expenses on on Cars' 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 0.33  0.23 

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Additional Tools for Cars Stock Analysis

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