Dominion Return On Tangible Assets from 2010 to 2024

D Stock  USD 58.37  0.57  0.99%   
Dominion Energy's Return On Tangible Assets are decreasing over the years with stable fluctuation. Overall, Return On Tangible Assets are expected to go to 0.03 this year. 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
0.01918341
Current Value
0.0332
Quarterly Volatility
0.01123034
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Dominion Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dominion Energy's main balance sheet or income statement drivers, such as Interest Expense of 1.7 B or Total Revenue of 11.2 B, as well as many indicators such as Price To Sales Ratio of 1.7 or Dividend Yield of 0.0496. Dominion financial statements analysis is a perfect complement when working with Dominion Energy Valuation or Volatility modules.
  
Check out the analysis of Dominion Energy Correlation against competitors.
For information on how to trade Dominion Stock refer to our How to Trade Dominion Stock guide.

Latest Dominion Energy's Return On Tangible Assets Growth Pattern

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

Dominion Return On Tangible Assets Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.02
Coefficient Of Variation40.70
Mean Deviation0.01
Median0.03
Standard Deviation0.01
Sample Variance0.0001
Range0.0362
R-Value(0.21)
Mean Square Error0.0001
R-Squared0.05
Significance0.44
Slope(0.0005)
Total Sum of Squares0

Dominion Return On Tangible Assets History

2024 0.0332
2023 0.0192
2022 0.0103
2021 0.0372
2020 0.0151
2019 0.0154
2018 0.0345

About Dominion Energy Financial Statements

Dominion Energy stakeholders use historical fundamental indicators, such as Dominion Energy's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Dominion Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Dominion Energy's assets and liabilities are reflected in the revenues and expenses on Dominion Energy'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 Dominion Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.03 

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.
Check out the analysis of Dominion Energy Correlation against competitors.
For information on how to trade Dominion Stock refer to our How to Trade Dominion Stock guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Multi-Utilities 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 Dominion Energy. If investors know Dominion 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 Dominion Energy 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
5.846
Dividend Share
2.67
Earnings Share
2.71
Revenue Per Share
17.411
Quarterly Revenue Growth
0.034
The market value of Dominion Energy is measured differently than its book value, which is the value of Dominion that is recorded on the company's balance sheet. Investors also form their own opinion of Dominion Energy's value that differs from its market value or its book value, called intrinsic value, which is Dominion Energy'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 Dominion Energy's market value can be influenced by many factors that don't directly affect Dominion Energy'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 Dominion Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dominion Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dominion Energy'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.