Granite Return On Tangible Assets from 2010 to 2024

GPMT Stock  USD 3.52  0.05  1.44%   
Granite Point 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
(0.02)
Current Value
(0.02)
Quarterly Volatility
0.01464869
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Granite Point financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Granite Point's main balance sheet or income statement drivers, such as Tax Provision of 116.2 K, Interest Expense of 98.9 M or Selling General Administrative of 20.6 M, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.2 or PTB Ratio of 0.34. Granite financial statements analysis is a perfect complement when working with Granite Point Valuation or Volatility modules.
  
Check out the analysis of Granite Point Correlation against competitors.

Latest Granite Point's Return On Tangible Assets Growth Pattern

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

Granite Return On Tangible Assets Regression Statistics

Arithmetic Mean0
Geometric Mean0
Coefficient Of Variation664.77
Mean Deviation0.01
Median0.0002
Standard Deviation0.01
Sample Variance0.0002
Range0.0458
R-Value(0.30)
Mean Square Error0.0002
R-Squared0.09
Significance0.27
Slope(0.001)
Total Sum of Squares0

Granite Return On Tangible Assets History

2024 -0.0211
2023 -0.0222
2022 -0.0118
2021 0.0171
2020 -0.009584
2019 0.0157
2018 0.0188

About Granite Point Financial Statements

Granite Point 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 Granite Point investors may analyze each financial statement separately, they are all interrelated. The changes in Granite Point's assets and liabilities, for example, are also reflected in the revenues and expenses on on Granite Point's 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
Return On Tangible Assets(0.02)(0.02)

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Additional Tools for Granite Stock Analysis

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