Great Return On Tangible Assets from 2010 to 2024

GEGGL Stock  USD 23.97  0.09  0.37%   
Great Elm Return On Tangible Assets yearly trend continues to be quite stable with very little volatility. The value of Return On Tangible Assets are projected to decrease to -0.01. 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
(0.01)
Current Value
(0.01)
Quarterly Volatility
0.19499608
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Great Elm financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Great Elm's main balance sheet or income statement drivers, such as , as well as many indicators such as Price To Sales Ratio of 33.49, Dividend Yield of 6.0E-4 or PTB Ratio of 7.5. Great financial statements analysis is a perfect complement when working with Great Elm Valuation or Volatility modules.
  
Check out the analysis of Great Elm Correlation against competitors.

Latest Great Elm's Return On Tangible Assets Growth Pattern

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

Great Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.16)
Geometric Mean0.10
Coefficient Of Variation(121.34)
Mean Deviation0.15
Median(0.1)
Standard Deviation0.19
Sample Variance0.04
Range0.624
R-Value0.81
Mean Square Error0.01
R-Squared0.65
Significance0.0003
Slope0.04
Total Sum of Squares0.53

Great Return On Tangible Assets History

2024 -0.0113
2023 -0.0107
2022 0.12
2021 -0.0962
2020 -0.0736
2019 -0.096
2018 -0.0579

About Great Elm Financial Statements

Great Elm investors utilize fundamental indicators, such as Return On Tangible Assets, to predict how Great 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 ReportedProjected for Next Year
Return On Tangible Assets(0.01)(0.01)

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When determining whether Great Elm Group is a strong investment it is important to analyze Great Elm's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Great Elm's future performance. For an informed investment choice regarding Great Stock, refer to the following important reports:
Check out the analysis of Great Elm Correlation against competitors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Asset Management & Custody Banks 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 Great Elm. If investors know Great 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 Great Elm listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Great Elm Group is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Elm's value that differs from its market value or its book value, called intrinsic value, which is Great Elm'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 Great Elm's market value can be influenced by many factors that don't directly affect Great Elm'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 Great Elm's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Elm is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Elm'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.