Genius Return On Tangible Assets from 2010 to 2024

GENI Stock  USD 9.77  0.43  4.60%   
Genius Sports' Return On Tangible Assets are decreasing with stable movements from year to year. Return On Tangible Assets are predicted to flatten to -0.28. 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
(0.27)
Current Value
(0.28)
Quarterly Volatility
0.33315149
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Genius Sports financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genius Sports' main balance sheet or income statement drivers, such as Interest Expense of 1.3 M, Income Tax Expense of 5.6 M or Tax Provision of 7.1 M, as well as many indicators such as Price To Sales Ratio of 4.49, Dividend Yield of 0.22 or PTB Ratio of 2.56. Genius financial statements analysis is a perfect complement when working with Genius Sports Valuation or Volatility modules.
  
Check out the analysis of Genius Sports Correlation against competitors.
For more detail on how to invest in Genius Stock please use our How to Invest in Genius Sports guide.

Latest Genius Sports' Return On Tangible Assets Growth Pattern

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

Genius Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.56)
Coefficient Of Variation(59.91)
Mean Deviation0.18
Median(0.49)
Standard Deviation0.33
Sample Variance0.11
Range1.429
R-Value(0.13)
Mean Square Error0.12
R-Squared0.02
Significance0.64
Slope(0.01)
Total Sum of Squares1.55

Genius Return On Tangible Assets History

2024 -0.28
2023 -0.27
2022 -0.59
2021 -1.7
2020 -0.4
2019 -0.72

About Genius Sports Financial Statements

Investors use fundamental indicators, such as Genius Sports' Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Genius Sports' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.27)(0.28)

Currently Active Assets on Macroaxis

When determining whether Genius Sports offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genius Sports' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Genius Sports Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genius Sports Stock:
Check out the analysis of Genius Sports Correlation against competitors.
For more detail on how to invest in Genius Stock please use our How to Invest in Genius Sports guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genius Sports. If investors know Genius will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genius Sports listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.32)
Revenue Per Share
1.828
Quarterly Revenue Growth
0.182
Return On Assets
(0.07)
Return On Equity
(0.13)
The market value of Genius Sports is measured differently than its book value, which is the value of Genius that is recorded on the company's balance sheet. Investors also form their own opinion of Genius Sports' value that differs from its market value or its book value, called intrinsic value, which is Genius Sports' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genius Sports' market value can be influenced by many factors that don't directly affect Genius Sports' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genius Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Genius Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genius Sports' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.