Edison Return On Tangible Assets from 2010 to 2024

EIX Stock  USD 88.36  0.62  0.71%   
Edison International 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
0.01464077
Current Value
0.0218
Quarterly Volatility
0.01326649
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Edison International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Edison International's main balance sheet or income statement drivers, such as Interest Expense of 1.7 B, Total Revenue of 11.9 B or Gross Profit of 4.9 B, as well as many indicators such as Price To Sales Ratio of 0.96, Dividend Yield of 0.0408 or PTB Ratio of 1.21. Edison financial statements analysis is a perfect complement when working with Edison International Valuation or Volatility modules.
  
Check out the analysis of Edison International Correlation against competitors.
For more information on how to buy Edison Stock please use our How to Invest in Edison International guide.

Latest Edison International's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Edison International over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Edison International's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Edison International's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

Edison Return On Tangible Assets Regression Statistics

Arithmetic Mean0.02
Coefficient Of Variation78.64
Mean Deviation0.01
Median0.01
Standard Deviation0.01
Sample Variance0.0002
Range0.046
R-Value(0.10)
Mean Square Error0.0002
R-Squared0.01
Significance0.71
Slope(0.0003)
Total Sum of Squares0

Edison Return On Tangible Assets History

2024 0.0218
2023 0.0146
2022 0.0106
2021 0.0123
2020 0.0124
2019 0.0216
2018 -0.005824

About Edison International Financial Statements

Edison International investors use historical fundamental indicators, such as Edison International'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 Edison International. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.02 

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Additional Tools for Edison Stock Analysis

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