Global Return On Tangible Assets from 2010 to 2024

GLSTW Stock   0.01  0.0001  0.99%   
Global Star Return On Tangible Assets yearly trend continues to be fairly 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
0.01822267
Current Value
0.0191
Quarterly Volatility
0.02090278
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Global Star financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global Star's main balance sheet or income statement drivers, such as Net Interest Income of 4.2 M, Interest Income of 4.2 M or Depreciation And Amortization of 2 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.14. Global financial statements analysis is a perfect complement when working with Global Star Valuation or Volatility modules.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Latest Global Star's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Global Star 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 Star's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Global Star'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  

Global Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.03)
Geometric Mean0.03
Coefficient Of Variation(80.62)
Mean Deviation0.02
Median(0.04)
Standard Deviation0.02
Sample Variance0.0004
Range0.0561
R-Value0.75
Mean Square Error0.0002
R-Squared0.56
Significance0
Slope0
Total Sum of Squares0.01

Global Return On Tangible Assets History

2024 0.0191
2023 0.0182
2022 0.001753
2021 -0.021

About Global Star Financial Statements

Global Star investors use historical fundamental indicators, such as Global Star's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Global Star. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.02 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Global Stock Analysis

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