Broadway Return On Tangible Assets from 2010 to 2024

BYFC Stock  USD 7.21  0.19  2.71%   
Broadway Financial's Return On Tangible Assets are increasing over the years with stable fluctuation. Return On Tangible Assets are expected to dwindle to 0. 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
0.00335007
Current Value
0.002707
Quarterly Volatility
0.00958479
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Broadway Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Broadway Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 435.2 K, Interest Expense of 18.7 M or Selling General Administrative of 8.2 M, as well as many indicators such as Price To Sales Ratio of 1.64, Dividend Yield of 2.0E-4 or PTB Ratio of 0.2. Broadway financial statements analysis is a perfect complement when working with Broadway Financial Valuation or Volatility modules.
  
Check out the analysis of Broadway Financial Correlation against competitors.
For information on how to trade Broadway Stock refer to our How to Trade Broadway Stock guide.

Latest Broadway Financial's Return On Tangible Assets Growth Pattern

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

Broadway Return On Tangible Assets Regression Statistics

Arithmetic Mean0
Geometric Mean0
Coefficient Of Variation585.88
Mean Deviation0.01
Median0
Standard Deviation0.01
Sample Variance0.000092
Range0.0471
R-Value0.21
Mean Square Error0.000094
R-Squared0.05
Significance0.44
Slope0.0005
Total Sum of Squares0

Broadway Return On Tangible Assets History

2024 0.002707
2023 0.00335
2022 0.004875
2021 -0.003709
2020 -0.00135
2019 -4.77E-4
2018 0.002052

About Broadway Financial Financial Statements

Broadway Financial stakeholders use historical fundamental indicators, such as Broadway Financial's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Broadway Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Broadway Financial's assets and liabilities are reflected in the revenues and expenses on Broadway Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Broadway Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Broadway Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Broadway Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Broadway Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Broadway Financial Stock:
Check out the analysis of Broadway Financial Correlation against competitors.
For information on how to trade Broadway Stock refer to our How to Trade Broadway Stock guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Broadway Financial. If investors know Broadway will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Broadway Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.09
Earnings Share
0.28
Revenue Per Share
3.814
Quarterly Revenue Growth
0.175
Return On Assets
0.0025
The market value of Broadway Financial is measured differently than its book value, which is the value of Broadway that is recorded on the company's balance sheet. Investors also form their own opinion of Broadway Financial's value that differs from its market value or its book value, called intrinsic value, which is Broadway Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Broadway Financial's market value can be influenced by many factors that don't directly affect Broadway Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Broadway Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadway Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadway Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.