Data Return On Assets from 2010 to 2024

DTSTW Stock  USD 0.40  0.02  5.26%   
Data Storage Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Data Storage earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.01637589
Current Value
0.0172
Quarterly Volatility
0.20785682
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Data Storage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Data Storage's main balance sheet or income statement drivers, such as Depreciation And Amortization of 770 K, Interest Expense of 70.8 K or Total Revenue of 26.2 M, as well as many indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.0649 or PTB Ratio of 0.66. Data financial statements analysis is a perfect complement when working with Data Storage Valuation or Volatility modules.
  
Check out the analysis of Data Storage Correlation against competitors.
For more information on how to buy Data Stock please use our How to Invest in Data Storage guide.

Latest Data Storage's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Data Storage over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Data Storage's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Data Storage's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Data Return On Assets Regression Statistics

Arithmetic Mean(0.17)
Coefficient Of Variation(124.45)
Mean Deviation0.16
Median(0.15)
Standard Deviation0.21
Sample Variance0.04
Range0.6555
R-Value0.83
Mean Square Error0.01
R-Squared0.69
Significance0.0001
Slope0.04
Total Sum of Squares0.60

Data Return On Assets History

2024 0.0172
2023 0.0164
2022 -0.18
2021 0.007753
2020 -0.042
2019 -0.0147
2018 0.0423

About Data Storage Financial Statements

Data Storage investors use historical fundamental indicators, such as Data Storage's Return On 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 Data Storage. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.02  0.02 

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Additional Tools for Data Stock Analysis

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