Global Return On Tangible Assets from 2010 to 2024

GWRS Stock  USD 12.46  0.07  0.56%   
Global Water Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets will likely drop to 0.02 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
0.02337787
Current Value
0.017
Quarterly Volatility
0.09239917
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Global Water financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global Water's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 4.5 M or Selling General Administrative of 17.5 M, as well as many indicators such as Price To Sales Ratio of 4.66, Dividend Yield of 0.0217 or PTB Ratio of 5.41. Global financial statements analysis is a perfect complement when working with Global Water Valuation or Volatility modules.
  
Check out the analysis of Global Water Correlation against competitors.

Latest Global Water's Return On Tangible Assets Growth Pattern

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

Global Return On Tangible Assets Regression Statistics

Arithmetic Mean0.0001
Coefficient Of Variation65,063
Mean Deviation0.06
Median0.01
Standard Deviation0.09
Sample Variance0.01
Range0.3656
R-Value0.36
Mean Square Error0.01
R-Squared0.13
Significance0.18
Slope0.01
Total Sum of Squares0.12

Global Return On Tangible Assets History

2024 0.017
2023 0.0234
2022 0.0179
2021 0.013
2020 0.004128
2019 0.008926
2018 0.0126

About Global Water Financial Statements

Global Water 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 Global Water investors may analyze each financial statement separately, they are all interrelated. The changes in Global Water's assets and liabilities, for example, are also reflected in the revenues and expenses on on Global Water's 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 0.02  0.02 

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Additional Tools for Global Stock Analysis

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