Allegiant Return On Tangible Assets from 2010 to 2024

ALGT Stock  USD 81.02  0.28  0.35%   
Allegiant Travel Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets will likely drop to 0.02 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
0.02414995
Current Value
0.0229
Quarterly Volatility
0.10516911
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Allegiant Travel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Allegiant Travel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 234.3 M, Interest Expense of 113.5 M or Selling General Administrative of 105 M, as well as many indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 0.0196 or PTB Ratio of 1.06. Allegiant financial statements analysis is a perfect complement when working with Allegiant Travel Valuation or Volatility modules.
  
Check out the analysis of Allegiant Travel Correlation against competitors.
For more information on how to buy Allegiant Stock please use our How to Invest in Allegiant Travel guide.

Latest Allegiant Travel's Return On Tangible Assets Growth Pattern

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

Allegiant Return On Tangible Assets Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.06
Coefficient Of Variation303.68
Mean Deviation0.07
Median0.07
Standard Deviation0.11
Sample Variance0.01
Range0.3786
R-Value(0.05)
Mean Square Error0.01
R-Squared0
Significance0.87
Slope(0)
Total Sum of Squares0.15

Allegiant Return On Tangible Assets History

2024 0.0229
2023 0.0241
2022 5.3E-4
2021 0.0379
2020 -0.19
2019 0.0716
2018 0.0608

About Allegiant Travel Financial Statements

Allegiant Travel 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 Allegiant Travel investors may analyze each financial statement separately, they are all interrelated. The changes in Allegiant Travel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Allegiant Travel'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 0.02  0.02 

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Additional Tools for Allegiant Stock Analysis

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