PermRock Return On Tangible Assets from 2010 to 2024

PRT Stock  USD 3.99  0.01  0.25%   
PermRock Royalty Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets will likely drop to 0.08 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
0.08107028
Current Value
0.077
Quarterly Volatility
61.46987644
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PermRock Royalty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PermRock Royalty's main balance sheet or income statement drivers, such as Net Interest Income of 11.2 K, Depreciation And Amortization of 970.1 K or Interest Expense of 0.0, as well as many indicators such as Price To Sales Ratio of 6.24, Dividend Yield of 0.0 or PTB Ratio of 1.29. PermRock financial statements analysis is a perfect complement when working with PermRock Royalty Valuation or Volatility modules.
  
Check out the analysis of PermRock Royalty Correlation against competitors.

Latest PermRock Royalty's Return On Tangible Assets Growth Pattern

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

PermRock Return On Tangible Assets Regression Statistics

Arithmetic Mean15.87
Geometric Mean0.09
Coefficient Of Variation387.26
Mean Deviation29.63
Median(0.02)
Standard Deviation61.47
Sample Variance3,779
Range238
R-Value0.31
Mean Square Error3,678
R-Squared0.1
Significance0.26
Slope4.26
Total Sum of Squares52,900

PermRock Return On Tangible Assets History

2024 0.077
2023 0.0811
2022 238.07
2021 0.086
2020 0.0214
2019 0.0979
2018 0.042

About PermRock Royalty Financial Statements

PermRock Royalty 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 PermRock Royalty investors may analyze each financial statement separately, they are all interrelated. The changes in PermRock Royalty's assets and liabilities, for example, are also reflected in the revenues and expenses on on PermRock Royalty'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 0.08  0.08 

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Additional Tools for PermRock Stock Analysis

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