Wearable Return On Tangible Assets from 2010 to 2024

WLDS Stock  USD 2.52  0.39  18.31%   
Wearable Devices Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets will likely drop to -1.08 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
(1.03)
Current Value
(1.08)
Quarterly Volatility
0.47742019
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Wearable Devices financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wearable Devices' main balance sheet or income statement drivers, such as Net Interest Income of 390.6 K, Depreciation And Amortization of 71.4 K or Interest Expense of 44.6 K, as well as many indicators such as Price To Sales Ratio of 1.4 K, Dividend Yield of 0.0 or PTB Ratio of 36.34. Wearable financial statements analysis is a perfect complement when working with Wearable Devices Valuation or Volatility modules.
  
Check out the analysis of Wearable Devices Correlation against competitors.
For more information on how to buy Wearable Stock please use our How to Invest in Wearable Devices guide.

Latest Wearable Devices' Return On Tangible Assets Growth Pattern

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

Wearable Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.86)
Coefficient Of Variation(55.57)
Mean Deviation0.35
Median(0.63)
Standard Deviation0.48
Sample Variance0.23
Range1.5427
R-Value(0.49)
Mean Square Error0.19
R-Squared0.24
Significance0.07
Slope(0.05)
Total Sum of Squares3.19

Wearable Return On Tangible Assets History

2024 -1.08
2023 -1.03
2022 -0.58
2021 -1.81
2020 -2.12

About Wearable Devices Financial Statements

Wearable Devices 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 Wearable Devices investors may analyze each financial statement separately, they are all interrelated. The changes in Wearable Devices' assets and liabilities, for example, are also reflected in the revenues and expenses on on Wearable Devices' 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(1.03)(1.08)

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Additional Tools for Wearable Stock Analysis

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