Taskus Return On Tangible Assets from 2010 to 2024

TASK Stock  USD 14.66  0.33  2.20%   
Taskus Return On Tangible Assets yearly trend continues to be quite stable with very little volatility. Return On Tangible Assets may rise above 0.12 this year. 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
0.10083066
Current Value
0.12
Quarterly Volatility
0.13278616
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Taskus financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Taskus' main balance sheet or income statement drivers, such as Interest Expense of 22.8 M, Ebit of 48.9 M or Net Income Applicable To Common Shares of 38.2 M, as well as many indicators such as Price To Sales Ratio of 1.26, Dividend Yield of 0.0104 or PTB Ratio of 2.65. Taskus financial statements analysis is a perfect complement when working with Taskus Valuation or Volatility modules.
  
Check out the analysis of Taskus Correlation against competitors.

Latest Taskus' Return On Tangible Assets Growth Pattern

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

Taskus Return On Tangible Assets Regression Statistics

Arithmetic Mean0.20
Coefficient Of Variation64.83
Mean Deviation0.10
Median0.29
Standard Deviation0.13
Sample Variance0.02
Range0.465
R-Value(0.70)
Mean Square Error0.01
R-Squared0.49
Significance0
Slope(0.02)
Total Sum of Squares0.25

Taskus Return On Tangible Assets History

2024 0.12
2023 0.1
2022 0.0857
2021 -0.18
2020 0.13
2019 0.22

About Taskus Financial Statements

Taskus investors utilize fundamental indicators, such as Return On Tangible Assets, to predict how Taskus Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.10  0.12 

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When determining whether Taskus Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Taskus Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Taskus Inc Stock. Highlighted below are key reports to facilitate an investment decision about Taskus Inc Stock:
Check out the analysis of Taskus Correlation against competitors.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Data Processing & Outsourced Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Taskus. If investors know Taskus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Taskus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.4
Earnings Share
0.58
Revenue Per Share
10.752
Quarterly Revenue Growth
0.132
Return On Assets
0.0762
The market value of Taskus Inc is measured differently than its book value, which is the value of Taskus that is recorded on the company's balance sheet. Investors also form their own opinion of Taskus' value that differs from its market value or its book value, called intrinsic value, which is Taskus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Taskus' market value can be influenced by many factors that don't directly affect Taskus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Taskus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taskus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taskus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.