8x8 Return On Tangible Assets from 2010 to 2024

EGHT Stock  USD 3.16  0.02  0.63%   
8x8 Common Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets will likely drop to -0.18 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
(0.17)
Current Value
(0.18)
Quarterly Volatility
0.37618238
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check 8x8 Common financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 8x8 Common's main balance sheet or income statement drivers, such as Depreciation And Amortization of 49.5 M, Interest Expense of 41.8 M or Total Revenue of 765.1 M, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.0 or PTB Ratio of 4.97. 8x8 financial statements analysis is a perfect complement when working with 8x8 Common Valuation or Volatility modules.
  
Check out the analysis of 8x8 Common Correlation against competitors.

Latest 8x8 Common's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of 8x8 Common Stock over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. 8x8 Common's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 8x8 Common'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  

8x8 Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.16)
Coefficient Of Variation(240.03)
Mean Deviation0.24
Median(0.17)
Standard Deviation0.38
Sample Variance0.14
Range1.8076
R-Value(0.16)
Mean Square Error0.15
R-Squared0.02
Significance0.58
Slope(0.01)
Total Sum of Squares1.98

8x8 Return On Tangible Assets History

2023 -0.17
2022 -0.16
2021 -0.34
2019 -0.31
2018 -0.18
2017 -0.46
2016 -0.0176

About 8x8 Common Financial Statements

8x8 Common 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 8x8 Common investors may analyze each financial statement separately, they are all interrelated. The changes in 8x8 Common's assets and liabilities, for example, are also reflected in the revenues and expenses on on 8x8 Common'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(0.17)(0.18)

Thematic Opportunities

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Additional Tools for 8x8 Stock Analysis

When running 8x8 Common's price analysis, check to measure 8x8 Common'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 8x8 Common is operating at the current time. Most of 8x8 Common's value examination focuses on studying past and present price action to predict the probability of 8x8 Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 8x8 Common's price. Additionally, you may evaluate how the addition of 8x8 Common to your portfolios can decrease your overall portfolio volatility.