Yotta Return On Tangible Assets from 2010 to 2024

YOTAU Stock  USD 11.34  0.15  1.34%   
Yotta Acquisition Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets are likely to outpace its year average 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
0.16671139
Current Value
0.18
Quarterly Volatility
0.07468628
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Yotta Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Yotta Acquisition's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.7 M, Selling General Administrative of 924.5 K or Selling And Marketing Expenses of 1.8 B, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 5.4 K. Yotta financial statements analysis is a perfect complement when working with Yotta Acquisition Valuation or Volatility modules.
  
Check out the analysis of Yotta Acquisition Correlation against competitors.
For more information on how to buy Yotta Stock please use our How to Invest in Yotta Acquisition guide.

Latest Yotta Acquisition's Return On Tangible Assets Growth Pattern

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

Yotta Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.01)
Geometric Mean0.04
Coefficient Of Variation(862.99)
Mean Deviation0.05
Median(0.04)
Standard Deviation0.07
Sample Variance0.01
Range0.2198
R-Value0.64
Mean Square Error0
R-Squared0.41
Significance0.01
Slope0.01
Total Sum of Squares0.08

Yotta Return On Tangible Assets History

2024 0.18
2023 0.17
2022 0.001241

About Yotta Acquisition Financial Statements

Yotta Acquisition 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 Yotta Acquisition investors may analyze each financial statement separately, they are all interrelated. The changes in Yotta Acquisition's assets and liabilities, for example, are also reflected in the revenues and expenses on on Yotta Acquisition'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 0.17  0.18 

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Additional Tools for Yotta Stock Analysis

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