Destiny Return On Tangible Assets from 2010 to 2024

DXYZ Stock   39.48  1.63  4.31%   
Destiny Tech100 Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to -0.08 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
(0.08)
Current Value
(0.08)
Quarterly Volatility
0.01419689
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Destiny Tech100 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Destiny Tech100's main balance sheet or income statement drivers, such as Depreciation And Amortization of 614.1 K, Other Operating Expenses of 1.7 M or Cost Of Revenue of 2.4 M, as well as many indicators such as Dividend Yield of 6.0E-4, Ptb Ratio of 1.96 or Book Value Per Share of 5.07. Destiny financial statements analysis is a perfect complement when working with Destiny Tech100 Valuation or Volatility modules.
  
Check out the analysis of Destiny Tech100 Correlation against competitors.
For more information on how to buy Destiny Stock please use our How to Invest in Destiny Tech100 guide.

Latest Destiny Tech100's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Destiny Tech100 over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Destiny Tech100's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Destiny Tech100'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  

Destiny Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.05)
Coefficient Of Variation(29.88)
Mean Deviation0.01
Median(0.04)
Standard Deviation0.01
Sample Variance0.0002
Range0.0404
R-Value(0.69)
Mean Square Error0.0001
R-Squared0.48
Significance0
Slope(0)
Total Sum of Squares0

Destiny Return On Tangible Assets History

2024 -0.0813
2023 -0.0774
2022 -0.0635

About Destiny Tech100 Financial Statements

Destiny Tech100 investors use historical fundamental indicators, such as Destiny Tech100'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 Destiny Tech100. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.08)(0.08)

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Additional Tools for Destiny Stock Analysis

When running Destiny Tech100's price analysis, check to measure Destiny Tech100'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 Destiny Tech100 is operating at the current time. Most of Destiny Tech100's value examination focuses on studying past and present price action to predict the probability of Destiny Tech100's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Destiny Tech100's price. Additionally, you may evaluate how the addition of Destiny Tech100 to your portfolios can decrease your overall portfolio volatility.