Digital Return On Tangible Assets from 2010 to 2024

DGLY Stock  USD 0.84  0.02  2.44%   
Digital Ally Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to -0.88 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
(0.84)
Current Value
(0.88)
Quarterly Volatility
0.45345486
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Digital Ally financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Digital Ally's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.3 M, Interest Expense of 3.3 M or Selling General Administrative of 9.7 M, as well as many indicators such as Price To Sales Ratio of 0.2, Dividend Yield of 1.07 or PTB Ratio of 0.52. Digital financial statements analysis is a perfect complement when working with Digital Ally Valuation or Volatility modules.
  
Check out the analysis of Digital Ally Correlation against competitors.
For more information on how to buy Digital Stock please use our How to Invest in Digital Ally guide.

Latest Digital Ally's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Digital Ally over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Digital Ally's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Digital Ally's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

Digital Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.54)
Geometric Mean0.45
Coefficient Of Variation(83.44)
Mean Deviation0.38
Median(0.52)
Standard Deviation0.45
Sample Variance0.21
Range1.5077
R-Value(0.01)
Mean Square Error0.22
R-Squared0.0001
Significance0.97
Slope(0)
Total Sum of Squares2.88

Digital Return On Tangible Assets History

2024 -0.88
2023 -0.84
2022 -0.16
2021 0.39
2020 -0.0695
2018 -1.12
2017 -0.97

About Digital Ally Financial Statements

Digital Ally investors use historical fundamental indicators, such as Digital Ally'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 Digital Ally. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.84)(0.88)

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Additional Tools for Digital Stock Analysis

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