TriMas Return On Assets from 2010 to 2024

TRS Stock  USD 24.59  0.05  0.20%   
TriMas 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 TriMas 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
0.03008214
Current Value
0.0316
Quarterly Volatility
0.04129161
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TriMas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TriMas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 45.9 M, Interest Expense of 22.5 M or Total Revenue of 948.7 M, as well as many indicators such as Price To Sales Ratio of 1.12, Dividend Yield of 0.0061 or PTB Ratio of 1.46. TriMas financial statements analysis is a perfect complement when working with TriMas Valuation or Volatility modules.
  
Check out the analysis of TriMas Correlation against competitors.
For more information on how to buy TriMas Stock please use our How to Invest in TriMas guide.

Latest TriMas' Return On Assets Growth Pattern

Below is the plot of the Return On Assets of TriMas 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. TriMas' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TriMas' 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  

TriMas Return On Assets Regression Statistics

Arithmetic Mean0.03
Coefficient Of Variation141.24
Mean Deviation0.03
Median0.04
Standard Deviation0.04
Sample Variance0
Range0.1425
R-Value(0.17)
Mean Square Error0
R-Squared0.03
Significance0.54
Slope(0)
Total Sum of Squares0.02

TriMas Return On Assets History

2024 0.0316
2023 0.0301
2022 0.0507
2021 0.044
2020 -0.0668
2019 0.0519
2018 0.0757

About TriMas Financial Statements

TriMas shareholders use historical fundamental indicators, such as Return On Assets, to determine how well the company is positioned to perform in the future. Although TriMas investors may analyze each financial statement separately, they are all interrelated. The changes in TriMas' assets and liabilities, for example, are also reflected in the revenues and expenses on on TriMas' 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 0.03  0.03 

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Additional Tools for TriMas Stock Analysis

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