Excelerate Return On Tangible Assets from 2010 to 2024

EE Stock  USD 30.42  0.93  3.15%   
Excelerate Energy's Return On Tangible Assets are decreasing over the years with very volatile fluctuation. Overall, Return On Tangible Assets are expected to go to 0.02 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
0.01063216
Current Value
0.0208
Quarterly Volatility
0.01343978
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Excelerate Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Excelerate Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 75 M, Total Revenue of 906.6 M or Gross Profit of 337.4 M, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0042 or PTB Ratio of 0.76. Excelerate financial statements analysis is a perfect complement when working with Excelerate Energy Valuation or Volatility modules.
  
Check out the analysis of Excelerate Energy Correlation against competitors.
For information on how to trade Excelerate Stock refer to our How to Trade Excelerate Stock guide.

Latest Excelerate Energy's Return On Tangible Assets Growth Pattern

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

Excelerate Return On Tangible Assets Regression Statistics

Arithmetic Mean0.02
Coefficient Of Variation58.15
Mean Deviation0.01
Median0.03
Standard Deviation0.01
Sample Variance0.0002
Range0.0595
R-Value(0.08)
Mean Square Error0.0002
R-Squared0.01
Significance0.77
Slope(0.0003)
Total Sum of Squares0

Excelerate Return On Tangible Assets History

2024 0.0208
2023 0.0106
2022 0.0279
2021 0.0164
2020 0.0172
2019 0.0257
2018 0.0232

About Excelerate Energy Financial Statements

Excelerate Energy stakeholders use historical fundamental indicators, such as Excelerate Energy's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Excelerate Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Excelerate Energy's assets and liabilities are reflected in the revenues and expenses on Excelerate 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 Excelerate Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.02 

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Check out the analysis of Excelerate Energy Correlation against competitors.
For information on how to trade Excelerate Stock refer to our How to Trade Excelerate Stock guide.
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Is Oil & Gas Storage & Transportation 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 Excelerate Energy. If investors know Excelerate 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 Excelerate 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
(0.13)
Dividend Share
0.135
Earnings Share
1
Revenue Per Share
31.848
Quarterly Revenue Growth
(0.30)
The market value of Excelerate Energy is measured differently than its book value, which is the value of Excelerate that is recorded on the company's balance sheet. Investors also form their own opinion of Excelerate Energy's value that differs from its market value or its book value, called intrinsic value, which is Excelerate 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 Excelerate Energy's market value can be influenced by many factors that don't directly affect Excelerate 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 Excelerate Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Excelerate Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Excelerate 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.