Fortune Return On Tangible Assets from 2010 to 2026
| FT Stock | CAD 0.12 0.01 9.09% |
Return On Tangible Assets | First Reported 2010-12-31 | Previous Quarter (0.86) | Current Value (0.82) | Quarterly Volatility 0.50529571 |
Check Fortune Minerals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortune Minerals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 58.9 K, Interest Expense of 1.3 M or Selling General Administrative of 1.1 K, as well as many indicators such as Price To Sales Ratio of 8.2 K, Dividend Yield of 0.0 or Days Sales Outstanding of 6.5 K. Fortune financial statements analysis is a perfect complement when working with Fortune Minerals Valuation or Volatility modules.
Fortune | Return On Tangible Assets |
Latest Fortune Minerals' Return On Tangible Assets Growth Pattern
Below is the plot of the Return On Tangible Assets of Fortune Minerals Limited over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Fortune Minerals' Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortune Minerals' overall financial position and show how it may be relating to other accounts over time.
| Return On Tangible Assets | 10 Years Trend |
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Return On Tangible Assets |
| Timeline |
Fortune Return On Tangible Assets Regression Statistics
| Arithmetic Mean | (0.37) | |
| Geometric Mean | 0.16 | |
| Coefficient Of Variation | (137.39) | |
| Mean Deviation | 0.40 | |
| Median | (0.11) | |
| Standard Deviation | 0.51 | |
| Sample Variance | 0.26 | |
| Range | 1.9404 | |
| R-Value | (0.62) | |
| Mean Square Error | 0.17 | |
| R-Squared | 0.38 | |
| Significance | 0.01 | |
| Slope | (0.06) | |
| Total Sum of Squares | 4.09 |
Fortune Return On Tangible Assets History
About Fortune Minerals Financial Statements
Fortune Minerals investors utilize fundamental indicators, such as Return On Tangible Assets, to predict how Fortune Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.86) | (0.82) |
Other Information on Investing in Fortune Stock
Fortune Minerals financial ratios help investors to determine whether Fortune Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fortune with respect to the benefits of owning Fortune Minerals security.