Carriage Return On Tangible Assets from 2010 to 2024

CSV Stock  USD 40.39  0.39  0.98%   
Carriage Services Return On Tangible Assets yearly trend continues to be fairly 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
0.04139822
Current Value
0.0435
Quarterly Volatility
0.01381761
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Carriage Services financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Carriage Services' main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.6 M, Interest Expense of 38.1 M or Selling General Administrative of 21.2 M, as well as many indicators such as Price To Sales Ratio of 1.42, Dividend Yield of 0.019 or PTB Ratio of 1.39. Carriage financial statements analysis is a perfect complement when working with Carriage Services Valuation or Volatility modules.
  
Check out the analysis of Carriage Services Correlation against competitors.
For more information on how to buy Carriage Stock please use our How to Invest in Carriage Services guide.

Latest Carriage Services' Return On Tangible Assets Growth Pattern

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

Carriage Return On Tangible Assets Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.03
Coefficient Of Variation41.64
Mean Deviation0.01
Median0.03
Standard Deviation0.01
Sample Variance0.0002
Range0.0459
R-Value0.53
Mean Square Error0.0001
R-Squared0.28
Significance0.04
Slope0
Total Sum of Squares0

Carriage Return On Tangible Assets History

2024 0.0435
2023 0.0414
2022 0.0552
2021 0.0438
2020 0.0222
2019 0.0208

About Carriage Services Financial Statements

Carriage Services investors use historical fundamental indicators, such as Carriage Services' 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 Carriage Services. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.04  0.04 

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Additional Tools for Carriage Stock Analysis

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