Alpha Return On Assets from 2010 to 2024

ALSAW Stock  USD 0.01  0.00  0.00%   
Alpha Star Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Alpha Star Acquisition earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.04846402
Current Value
0.0509
Quarterly Volatility
0.01755317
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alpha Star financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alpha Star's main balance sheet or income statement drivers, such as Depreciation And Amortization of 617 K, Interest Expense of 100.5 K or Other Operating Expenses of 450.4 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.14. Alpha financial statements analysis is a perfect complement when working with Alpha Star Valuation or Volatility modules.
  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Latest Alpha Star's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Alpha Star Acquisition over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Alpha Star's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alpha Star's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Alpha Return On Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0
Coefficient Of Variation265.00
Mean Deviation0.01
Median(0.0005)
Standard Deviation0.02
Sample Variance0.0003
Range0.0514
R-Value0.62
Mean Square Error0.0002
R-Squared0.39
Significance0.01
Slope0
Total Sum of Squares0

Alpha Return On Assets History

2024 0.0509
2023 0.0485
2022 0.005449

About Alpha Star Financial Statements

Alpha Star investors use historical fundamental indicators, such as Alpha Star's Return On 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 Alpha Star. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.05  0.05 

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Additional Tools for Alpha Stock Analysis

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