Bright Return On Tangible Assets from 2010 to 2024

BEDU Stock  USD 1.85  0.02  1.09%   
Bright Scholar Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets will likely drop to -0.15 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
(0.15)
Current Value
(0.15)
Quarterly Volatility
0.07009655
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bright Scholar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bright Scholar's main balance sheet or income statement drivers, such as Discontinued Operations of 252.1 M, Depreciation And Amortization of 105.1 M or Interest Expense of 8 M, as well as many indicators such as Price To Sales Ratio of 0.0992, Dividend Yield of 0.0258 or PTB Ratio of 0.13. Bright financial statements analysis is a perfect complement when working with Bright Scholar Valuation or Volatility modules.
  
Check out the analysis of Bright Scholar Correlation against competitors.

Latest Bright Scholar's Return On Tangible Assets Growth Pattern

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

Bright Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.04)
Coefficient Of Variation(181.12)
Mean Deviation0.05
Median(0.04)
Standard Deviation0.07
Sample Variance0
Range0.2181
R-Value(0.46)
Mean Square Error0
R-Squared0.21
Significance0.09
Slope(0.01)
Total Sum of Squares0.07

Bright Return On Tangible Assets History

2023 -0.15
2022 -0.13
2021 -0.0373
2020 -0.0862
2019 0.0205
2018 0.0478
2017 0.0625

About Bright Scholar Financial Statements

Bright Scholar 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 Bright Scholar investors may analyze each financial statement separately, they are all interrelated. The changes in Bright Scholar's assets and liabilities, for example, are also reflected in the revenues and expenses on on Bright Scholar'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(0.13)(0.15)

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Additional Tools for Bright Stock Analysis

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