Globalfoundries Return On Tangible Assets from 2010 to 2024

GFS Stock  USD 43.25  0.40  0.93%   
Globalfoundries Return On Tangible Assets yearly trend continues to be comparatively 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
0.05778055
Current Value
0.0607
Quarterly Volatility
0.07009029
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Globalfoundries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globalfoundries' main balance sheet or income statement drivers, such as Tax Provision of 59.4 M, Net Interest Income of 2.1 M or Interest Income of 156.4 M, as well as many indicators such as Price To Sales Ratio of 6.36, Dividend Yield of 0.0 or PTB Ratio of 4.77. Globalfoundries financial statements analysis is a perfect complement when working with Globalfoundries Valuation or Volatility modules.
  
Check out the analysis of Globalfoundries Correlation against competitors.
For more information on how to buy Globalfoundries Stock please use our How to Invest in Globalfoundries guide.

Latest Globalfoundries' Return On Tangible Assets Growth Pattern

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

Globalfoundries Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.06)
Geometric Mean0.08
Coefficient Of Variation(114.29)
Mean Deviation0.06
Median(0.1)
Standard Deviation0.07
Sample Variance0
Range0.1976
R-Value0.74
Mean Square Error0
R-Squared0.55
Significance0
Slope0.01
Total Sum of Squares0.07

Globalfoundries Return On Tangible Assets History

2024 0.0607
2023 0.0578
2022 0.0828
2021 -0.0173
2020 -0.11

About Globalfoundries Financial Statements

Globalfoundries shareholders use historical fundamental indicators, such as Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Globalfoundries investors may analyze each financial statement separately, they are all interrelated. The changes in Globalfoundries' assets and liabilities, for example, are also reflected in the revenues and expenses on on Globalfoundries' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.06  0.06 

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Additional Tools for Globalfoundries Stock Analysis

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