Energy Return On Tangible Assets from 2010 to 2024

ET-PI Stock   11.96  0.07  0.59%   
Energy Transfer's Return On Tangible Assets are decreasing with stable movements from year to year. Return On Tangible Assets are predicted to flatten to 0.04. 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
0.03804138
Current Value
0.0375
Quarterly Volatility
0.04366015
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Energy Transfer financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Energy Transfer's main balance sheet or income statement drivers, such as Tax Provision of 247.1 M, Interest Expense of 2.6 B or Selling General Administrative of 929.7 M, as well as many indicators such as Price To Sales Ratio of 0.75, Dividend Yield of 0.065 or PTB Ratio of 0.94. Energy financial statements analysis is a perfect complement when working with Energy Transfer Valuation or Volatility modules.
  
Check out the analysis of Energy Transfer Correlation against competitors.

Latest Energy Transfer's Return On Tangible Assets Growth Pattern

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

Energy Return On Tangible Assets Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.02
Coefficient Of Variation123.85
Mean Deviation0.03
Median0.02
Standard Deviation0.04
Sample Variance0
Range0.1773
R-Value(0.15)
Mean Square Error0
R-Squared0.02
Significance0.59
Slope(0)
Total Sum of Squares0.03

Energy Return On Tangible Assets History

2024 0.0375
2023 0.038
2022 0.0487
2021 0.0561
2020 0.001609
2019 0.056
2018 0.0219

About Energy Transfer Financial Statements

Investors use fundamental indicators, such as Energy Transfer's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Energy Transfer's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.04  0.04 

Currently Active Assets on Macroaxis

When determining whether Energy Transfer LP is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Energy Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Energy Transfer Lp Stock. Highlighted below are key reports to facilitate an investment decision about Energy Transfer Lp Stock:
Check out the analysis of Energy Transfer Correlation against competitors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Please note, there is a significant difference between Energy Transfer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Transfer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Transfer'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.