Alliance Return On Tangible Assets from 2010 to 2024

AENTW Stock   0.09  0  3.70%   
Alliance Entertainment Return On Tangible Assets yearly trend continues to be fairly 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
0.01922246
Current Value
0.027
Quarterly Volatility
0.04959838
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alliance Entertainment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alliance Entertainment's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9 M, Selling General Administrative of 69.3 M or Selling And Marketing Expenses of 111.7 M, as well as many indicators such as Price To Sales Ratio of 0.0754, Dividend Yield of 0.039 or PTB Ratio of 1.25. Alliance financial statements analysis is a perfect complement when working with Alliance Entertainment Valuation or Volatility modules.
  
Check out the analysis of Alliance Entertainment Correlation against competitors.

Latest Alliance Entertainment's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Alliance Entertainment Holding over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Alliance Entertainment's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alliance Entertainment's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Pretty Stable
   Return On Tangible Assets   
       Timeline  

Alliance Return On Tangible Assets Regression Statistics

Arithmetic Mean0.03
Coefficient Of Variation169.84
Mean Deviation0.02
Median0.03
Standard Deviation0.05
Sample Variance0
Range0.2449
R-Value(0.15)
Mean Square Error0
R-Squared0.02
Significance0.60
Slope(0)
Total Sum of Squares0.03

Alliance Return On Tangible Assets History

2024 0.027
2023 0.0192
2022 -0.13
2021 0.0764
2020 0.12

About Alliance Entertainment Financial Statements

Alliance Entertainment investors use historical fundamental indicators, such as Alliance Entertainment's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Alliance Entertainment. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.03 

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Additional Tools for Alliance Stock Analysis

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