Heartbeam Return On Tangible Assets from 2010 to 2024

BEAT Stock  USD 2.83  0.04  1.43%   
Heartbeam Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets will likely drop to -0.9 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
(0.85)
Current Value
(0.90)
Quarterly Volatility
28.88511474
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Heartbeam financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Heartbeam's main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.4 M, Selling And Marketing Expenses of 9.3 M or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 5.06, Dividend Yield of 0.0 or PTB Ratio of 3.15. Heartbeam financial statements analysis is a perfect complement when working with Heartbeam Valuation or Volatility modules.
  
Check out the analysis of Heartbeam Correlation against competitors.
For more information on how to buy Heartbeam Stock please use our How to Invest in Heartbeam guide.

Latest Heartbeam's Return On Tangible Assets Growth Pattern

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

Heartbeam Return On Tangible Assets Regression Statistics

Arithmetic Mean(9.60)
Geometric Mean0.68
Coefficient Of Variation(300.78)
Mean Deviation15.78
Median(0.47)
Standard Deviation28.89
Sample Variance834.35
Range112
R-Value(0.18)
Mean Square Error870.18
R-Squared0.03
Significance0.53
Slope(1.15)
Total Sum of Squares11,681

Heartbeam Return On Tangible Assets History

2024 -0.9
2023 -0.85
2022 -3.18
2021 -0.47
2020 -26.43
2019 -111.14
2018 0.2

About Heartbeam Financial Statements

Heartbeam 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 Heartbeam investors may analyze each financial statement separately, they are all interrelated. The changes in Heartbeam's assets and liabilities, for example, are also reflected in the revenues and expenses on on Heartbeam'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(0.85)(0.90)

Thematic Opportunities

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Additional Tools for Heartbeam Stock Analysis

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