Centuri Return On Tangible Assets from 2010 to 2024

CTRI Stock  USD 19.81  0.56  2.75%   
Centuri Holdings,'s Return On Tangible Assets are decreasing with slightly volatile movements from year to year. Return On Tangible Assets are predicted to flatten to -0.14. 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
(0.13)
Current Value
(0.14)
Quarterly Volatility
0.06443134
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Centuri Holdings, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Centuri Holdings,'s main balance sheet or income statement drivers, such as Tax Provision of 13 M, Depreciation And Amortization of 156.7 M or Interest Expense of 46.7 M, as well as many indicators such as Price To Sales Ratio of 0.95, Dividend Yield of 0.0129 or PTB Ratio of 4.97. Centuri financial statements analysis is a perfect complement when working with Centuri Holdings, Valuation or Volatility modules.
  
Check out the analysis of Centuri Holdings, Correlation against competitors.
For more detail on how to invest in Centuri Stock please use our How to Invest in Centuri Holdings, guide.

Latest Centuri Holdings,'s Return On Tangible Assets Growth Pattern

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

Centuri Return On Tangible Assets Regression Statistics

Arithmetic Mean(0)
Coefficient Of Variation(4,740)
Mean Deviation0.05
Median0.03
Standard Deviation0.06
Sample Variance0
Range0.1696
R-Value(0.70)
Mean Square Error0
R-Squared0.49
Significance0
Slope(0.01)
Total Sum of Squares0.06

Centuri Return On Tangible Assets History

2024 -0.14
2023 -0.13
2022 -0.11

About Centuri Holdings, Financial Statements

Investors use fundamental indicators, such as Centuri Holdings,'s Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Centuri Holdings,'s investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.13)(0.14)

Currently Active Assets on Macroaxis

When determining whether Centuri Holdings, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Centuri Holdings,'s financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Centuri Holdings, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Centuri Holdings, Stock:
Check out the analysis of Centuri Holdings, Correlation against competitors.
For more detail on how to invest in Centuri Stock please use our How to Invest in Centuri Holdings, guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Construction & Engineering 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 Centuri Holdings,. If investors know Centuri 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 Centuri Holdings, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Centuri Holdings, is measured differently than its book value, which is the value of Centuri that is recorded on the company's balance sheet. Investors also form their own opinion of Centuri Holdings,'s value that differs from its market value or its book value, called intrinsic value, which is Centuri Holdings,'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 Centuri Holdings,'s market value can be influenced by many factors that don't directly affect Centuri Holdings,'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 Centuri Holdings,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Centuri Holdings, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centuri Holdings,'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.