Permian Return On Assets from 2010 to 2024

PBT Stock  USD 13.52  0.32  2.42%   
Permian Basin Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Permian Basin Royalty earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
4.46026973
Current Value
5.57
Quarterly Volatility
4.83325359
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Permian Basin financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Permian Basin's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Other Operating Expenses of 1.1 M or Operating Income of 37.9 M, as well as many indicators such as Price To Sales Ratio of 23.48, Dividend Yield of 0.0787 or PTB Ratio of 3.1 K. Permian financial statements analysis is a perfect complement when working with Permian Basin Valuation or Volatility modules.
  
Check out the analysis of Permian Basin Correlation against competitors.

Latest Permian Basin's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Permian Basin Royalty over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Permian Basin's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Permian Basin's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Pretty Stable
   Return On Assets   
       Timeline  

Permian Return On Assets Regression Statistics

Arithmetic Mean8.41
Geometric Mean7.23
Coefficient Of Variation57.46
Mean Deviation3.92
Median7.42
Standard Deviation4.83
Sample Variance23.36
Range14.6255
R-Value(0.24)
Mean Square Error23.70
R-Squared0.06
Significance0.39
Slope(0.26)
Total Sum of Squares327.04

Permian Return On Assets History

2024 5.57
2023 4.46
2022 17.08
2021 4.12
2020 5.2
2019 5.91
2018 7.71

About Permian Basin Financial Statements

Permian Basin shareholders use historical fundamental indicators, such as Return On Assets, to determine how well the company is positioned to perform in the future. Although Permian Basin investors may analyze each financial statement separately, they are all interrelated. The changes in Permian Basin's assets and liabilities, for example, are also reflected in the revenues and expenses on on Permian Basin'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 Assets 4.46  5.57 

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Additional Tools for Permian Stock Analysis

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