Northwest Return On Tangible Assets from 2010 to 2024

NWPX Stock  USD 56.57  0.50  0.89%   
Northwest Pipe Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to 0.03 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
0.04121235
Current Value
0.0349
Quarterly Volatility
0.05594481
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Northwest Pipe financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northwest Pipe's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9 M, Interest Expense of 3.4 M or Total Revenue of 320.4 M, as well as many indicators such as Price To Sales Ratio of 0.54, Dividend Yield of 0.0 or PTB Ratio of 1.14. Northwest financial statements analysis is a perfect complement when working with Northwest Pipe Valuation or Volatility modules.
  
Check out the analysis of Northwest Pipe Correlation against competitors.
For more information on how to buy Northwest Stock please use our How to Invest in Northwest Pipe guide.

Latest Northwest Pipe's Return On Tangible Assets Growth Pattern

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

Northwest Return On Tangible Assets Regression Statistics

Arithmetic Mean0.02
Coefficient Of Variation344.83
Mean Deviation0.04
Median0.03
Standard Deviation0.06
Sample Variance0
Range0.2049
R-Value0.31
Mean Square Error0
R-Squared0.1
Significance0.26
Slope0
Total Sum of Squares0.04

Northwest Return On Tangible Assets History

2024 0.0349
2023 0.0412
2022 0.061
2021 0.0253
2020 0.0561
2019 0.0904
2018 0.0753

About Northwest Pipe Financial Statements

Northwest Pipe investors use historical fundamental indicators, such as Northwest Pipe'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 Northwest Pipe. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.04  0.03 

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Additional Tools for Northwest Stock Analysis

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