Equinox Return On Tangible Assets from 2010 to 2024

EQX Stock  USD 5.65  0.05  0.89%   
Equinox Gold 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
0.00663942
Current Value
0.006971
Quarterly Volatility
0.74971133
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Equinox Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Equinox Gold's main balance sheet or income statement drivers, such as Interest Expense of 64.4 M, Other Operating Expenses of 1.1 B or Operating Income of 52.1 M, as well as many indicators such as Price To Sales Ratio of 1.34, Dividend Yield of 0.0 or PTB Ratio of 0.6. Equinox financial statements analysis is a perfect complement when working with Equinox Gold Valuation or Volatility modules.
  
Check out the analysis of Equinox Gold Correlation against competitors.

Latest Equinox Gold's Return On Tangible Assets Growth Pattern

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

Equinox Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.38)
Coefficient Of Variation(198.95)
Mean Deviation0.49
Median(0.04)
Standard Deviation0.75
Sample Variance0.56
Range2.9891
R-Value0.41
Mean Square Error0.50
R-Squared0.17
Significance0.13
Slope0.07
Total Sum of Squares7.87

Equinox Return On Tangible Assets History

2024 0.006971
2023 0.006639
2022 -0.0275
2021 0.14
2020 0.008342
2019 -0.0242
2018 -0.0668

About Equinox Gold Financial Statements

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

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Additional Tools for Equinox Stock Analysis

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