Formula Return On Tangible Assets from 2010 to 2024

FORTY Stock  USD 94.75  1.28  1.37%   
Formula Systems 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
0.03836507
Current Value
0.0394
Quarterly Volatility
0.03666152
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Formula Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Formula Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 127.9 M, Interest Expense of 40.3 M or Total Revenue of 2.8 B, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0089 or PTB Ratio of 0.98. Formula financial statements analysis is a perfect complement when working with Formula Systems Valuation or Volatility modules.
  
Check out the analysis of Formula Systems Correlation against competitors.

Latest Formula Systems' Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Formula Systems 1985 over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Formula Systems' Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Formula Systems' 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  

Formula Return On Tangible Assets Regression Statistics

Arithmetic Mean0.07
Geometric Mean0.06
Coefficient Of Variation54.05
Mean Deviation0.03
Median0.08
Standard Deviation0.04
Sample Variance0
Range0.1117
R-Value(0.18)
Mean Square Error0
R-Squared0.03
Significance0.53
Slope(0)
Total Sum of Squares0.02

Formula Return On Tangible Assets History

2024 0.0394
2023 0.0384
2022 0.12
2021 0.0899
2020 0.0789
2019 0.0774
2018 0.0369

About Formula Systems Financial Statements

Formula Systems investors use historical fundamental indicators, such as Formula Systems' 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 Formula Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.04  0.04 

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Additional Tools for Formula Stock Analysis

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