Arts Return On Tangible Assets from 2010 to 2024

ARTW Stock  USD 1.67  0.04  2.34%   
Arts Way 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
(0.07)
Current Value
(0.06)
Quarterly Volatility
0.0651612
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Arts Way financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Arts Way's main balance sheet or income statement drivers, such as Depreciation And Amortization of 614.8 K, Interest Expense of 385.3 K or Selling General Administrative of 3 M, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0483 or PTB Ratio of 1.55. Arts financial statements analysis is a perfect complement when working with Arts Way Valuation or Volatility modules.
  
Check out the analysis of Arts Way Correlation against competitors.

Latest Arts Way's Return On Tangible Assets Growth Pattern

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

Arts Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.02)
Geometric Mean0.04
Coefficient Of Variation(287.90)
Mean Deviation0.05
Median(0.02)
Standard Deviation0.07
Sample Variance0
Range0.2446
R-Value(0.50)
Mean Square Error0
R-Squared0.25
Significance0.06
Slope(0.01)
Total Sum of Squares0.06

Arts Return On Tangible Assets History

2024 -0.0639
2023 -0.0672
2022 0.0109
2021 0.004084
2020 0.0102
2019 -0.11
2018 -0.0734

About Arts Way Financial Statements

Arts Way investors use historical fundamental indicators, such as Arts Way'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 Arts Way. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.07)(0.06)

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Additional Tools for Arts Stock Analysis

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