Global Return On Tangible Assets from 2010 to 2024

GLACU Stock  USD 10.80  0.08  0.75%   
Global Lights Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets are likely to outpace its year average 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
0.00114106
Current Value
0.001198
Quarterly Volatility
0.01553868
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Global Lights financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global Lights' main balance sheet or income statement drivers, such as Depreciation And Amortization of 388.5 K, Other Operating Expenses of 388.5 K or Total Operating Expenses of 388.5 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. Global financial statements analysis is a perfect complement when working with Global Lights Valuation or Volatility modules.
  
Check out the analysis of Global Lights Correlation against competitors.

Latest Global Lights' Return On Tangible Assets Growth Pattern

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

Global Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.02)
Coefficient Of Variation(88.45)
Mean Deviation0.01
Median(0.02)
Standard Deviation0.02
Sample Variance0.0002
Range0.0704
R-Value(0.04)
Mean Square Error0.0003
R-Squared0
Significance0.90
Slope(0.0001)
Total Sum of Squares0

Global Return On Tangible Assets History

2024 0.001198
2023 0.001141
2022 -0.0692

About Global Lights Financial Statements

Global Lights shareholders use historical fundamental indicators, such as Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Global Lights investors may analyze each financial statement separately, they are all interrelated. The changes in Global Lights' assets and liabilities, for example, are also reflected in the revenues and expenses on on Global Lights' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year

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Additional Tools for Global Stock Analysis

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