NanoVibronix Return On Tangible Assets from 2010 to 2024

NAOV Stock  USD 0.71  0.01  1.87%   
NanoVibronix Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to -0.58 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
(0.56)
Current Value
(0.58)
Quarterly Volatility
1.54996082
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NanoVibronix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NanoVibronix's main balance sheet or income statement drivers, such as Depreciation And Amortization of 945, Interest Expense of 233.7 K or Selling General Administrative of 2.4 M, as well as many indicators such as Price To Sales Ratio of 0.84, Dividend Yield of 0.0 or PTB Ratio of 0.53. NanoVibronix financial statements analysis is a perfect complement when working with NanoVibronix Valuation or Volatility modules.
  
Check out the analysis of NanoVibronix Correlation against competitors.
For more information on how to buy NanoVibronix Stock please use our How to Invest in NanoVibronix guide.

Latest NanoVibronix's Return On Tangible Assets Growth Pattern

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

NanoVibronix Return On Tangible Assets Regression Statistics

Arithmetic Mean(1.96)
Coefficient Of Variation(78.94)
Mean Deviation1.28
Median(1.45)
Standard Deviation1.55
Sample Variance2.40
Range5.2051
R-Value0.30
Mean Square Error2.35
R-Squared0.09
Significance0.27
Slope0.11
Total Sum of Squares33.63

NanoVibronix Return On Tangible Assets History

2024 -0.58
2023 -0.56
2022 -0.93
2021 -1.66
2020 -0.53
2019 -2.85
2018 -2.63

About NanoVibronix Financial Statements

NanoVibronix investors use historical fundamental indicators, such as NanoVibronix'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 NanoVibronix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.56)(0.58)

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Additional Tools for NanoVibronix Stock Analysis

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