Envirotech Return On Tangible Assets from 2010 to 2024

EVTV Stock  USD 1.40  0.07  5.26%   
Envirotech Vehicles Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to -1.02 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
(0.97)
Current Value
(1.02)
Quarterly Volatility
1.04954083
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Envirotech Vehicles financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Envirotech Vehicles' main balance sheet or income statement drivers, such as Interest Expense of 5.3 B, Selling General Administrative of 6.9 M or Total Revenue of 5.1 M, as well as many indicators such as Price To Sales Ratio of 6.8, Dividend Yield of 0.0 or PTB Ratio of 1.04. Envirotech financial statements analysis is a perfect complement when working with Envirotech Vehicles Valuation or Volatility modules.
  
Check out the analysis of Envirotech Vehicles Correlation against competitors.
For more information on how to buy Envirotech Stock please use our How to Invest in Envirotech Vehicles guide.

Latest Envirotech Vehicles' Return On Tangible Assets Growth Pattern

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

Envirotech Return On Tangible Assets Regression Statistics

Arithmetic Mean(1.42)
Coefficient Of Variation(74.13)
Mean Deviation0.71
Median(1.28)
Standard Deviation1.05
Sample Variance1.10
Range3.9995
R-Value0.14
Mean Square Error1.16
R-Squared0.02
Significance0.61
Slope0.03
Total Sum of Squares15.42

Envirotech Return On Tangible Assets History

2023 -0.97
2022 -2.33
2021 -0.33
2020 -0.12
2019 -0.5
2018 -1.02
2017 -4.12

About Envirotech Vehicles Financial Statements

Envirotech Vehicles investors use historical fundamental indicators, such as Envirotech Vehicles' 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 Envirotech Vehicles. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.97)(1.02)

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Additional Tools for Envirotech Stock Analysis

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