Hess Return On Tangible Assets from 2010 to 2024

HES Stock  USD 145.38  3.27  2.20%   
Hess 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
0.05844293
Current Value
0.0614
Quarterly Volatility
0.10501983
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hess financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hess' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 501.9 M or Total Revenue of 14.8 B, as well as many indicators such as Price To Sales Ratio of 4.33, Dividend Yield of 0.0109 or PTB Ratio of 5.15. Hess financial statements analysis is a perfect complement when working with Hess Valuation or Volatility modules.
  
Check out the analysis of Hess Correlation against competitors.

Latest Hess' Return On Tangible Assets Growth Pattern

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

Hess Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.01)
Coefficient Of Variation(996.68)
Mean Deviation0.08
Median0.04
Standard Deviation0.11
Sample Variance0.01
Range0.3405
R-Value0.06
Mean Square Error0.01
R-Squared0
Significance0.82
Slope0
Total Sum of Squares0.15

Hess Return On Tangible Assets History

2024 0.0614
2023 0.0584
2022 0.0981
2021 0.0442
2020 -0.15
2019 -0.0112
2018 -0.0134

About Hess Financial Statements

Hess 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 Hess investors may analyze each financial statement separately, they are all interrelated. The changes in Hess' assets and liabilities, for example, are also reflected in the revenues and expenses on on Hess' 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 0.06  0.06 

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Additional Tools for Hess Stock Analysis

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