First Return On Tangible Assets from 2010 to 2024

FTHY Stock  USD 14.69  0.10  0.69%   
First Trust 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
0.07687573
Current Value
0.0807
Quarterly Volatility
0.04591882
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Trust financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Trust's main balance sheet or income statement drivers, such as Net Interest Income of 39.3 M, Interest Income of 43.5 M or Depreciation And Amortization of 246.2 K, as well as many indicators such as Price To Sales Ratio of 9.77, Dividend Yield of 0.0771 or PTB Ratio of 1.0. First financial statements analysis is a perfect complement when working with First Trust Valuation or Volatility modules.
  
Check out the analysis of First Trust Correlation against competitors.

Latest First Trust's Return On Tangible Assets Growth Pattern

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

First Return On Tangible Assets Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.07
Coefficient Of Variation80.41
Mean Deviation0.03
Median0.07
Standard Deviation0.05
Sample Variance0
Range0.1595
R-Value(0.36)
Mean Square Error0
R-Squared0.13
Significance0.18
Slope(0)
Total Sum of Squares0.03

First Return On Tangible Assets History

2024 0.0807
2023 0.0769
2022 -0.028
2021 -0.0788

About First Trust Financial Statements

First Trust investors use historical fundamental indicators, such as First Trust'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 First Trust. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.08  0.08 

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Additional Tools for First Stock Analysis

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