Centurion Return On Tangible Assets from 2010 to 2024

ALF Stock  USD 10.04  0.01  0.1%   
Centurion Acquisition's Return On Tangible Assets are decreasing over the last several years with slightly volatile swings. Return On Tangible Assets are estimated to finish at -0.52 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
(0.55)
Current Value
(0.52)
Quarterly Volatility
0.25455205
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Centurion Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Centurion Acquisition's main balance sheet or income statement drivers, such as , as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.11. Centurion financial statements analysis is a perfect complement when working with Centurion Acquisition Valuation or Volatility modules.
  
Check out the analysis of Centurion Acquisition Correlation against competitors.

Latest Centurion Acquisition's Return On Tangible Assets Growth Pattern

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

Centurion Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.15)
Coefficient Of Variation(165.74)
Mean Deviation0.23
Median0.02
Standard Deviation0.25
Sample Variance0.06
Range0.5699
R-Value(0.83)
Mean Square Error0.02
R-Squared0.68
Significance0.0001
Slope(0.05)
Total Sum of Squares0.91

Centurion Return On Tangible Assets History

2024 -0.52
2023 -0.55
2020 -0.48

About Centurion Acquisition Financial Statements

Centurion Acquisition stakeholders use historical fundamental indicators, such as Centurion Acquisition's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Centurion Acquisition investors may analyze each financial statement separately, they are all interrelated. For example, changes in Centurion Acquisition's assets and liabilities are reflected in the revenues and expenses on Centurion Acquisition's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Centurion Acquisition Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.55)(0.52)

Currently Active Assets on Macroaxis

When determining whether Centurion Acquisition is a strong investment it is important to analyze Centurion Acquisition's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Centurion Acquisition's future performance. For an informed investment choice regarding Centurion Stock, refer to the following important reports:
Check out the analysis of Centurion Acquisition Correlation against competitors.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Trading 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 Centurion Acquisition. If investors know Centurion 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 Centurion Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Centurion Acquisition is measured differently than its book value, which is the value of Centurion that is recorded on the company's balance sheet. Investors also form their own opinion of Centurion Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Centurion Acquisition's 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 Centurion Acquisition's market value can be influenced by many factors that don't directly affect Centurion Acquisition's 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 Centurion Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Centurion Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centurion Acquisition's 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.