IDT Return On Tangible Assets from 2010 to 2024

IDT Stock  USD 51.19  0.97  1.93%   
IDT 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
0.1245435
Current Value
0.13
Quarterly Volatility
0.16016471
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check IDT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IDT's main balance sheet or income statement drivers, such as Depreciation And Amortization of 31.2 M, Interest Expense of 124.8 K or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.0029 or PTB Ratio of 3.72. IDT financial statements analysis is a perfect complement when working with IDT Valuation or Volatility modules.
  
Check out the analysis of IDT Correlation against competitors.

Latest IDT's Return On Tangible Assets Growth Pattern

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

IDT Return On Tangible Assets Regression Statistics

Arithmetic Mean0.04
Coefficient Of Variation424.33
Mean Deviation0.08
Median0.06
Standard Deviation0.16
Sample Variance0.03
Range0.6968
R-Value0.50
Mean Square Error0.02
R-Squared0.25
Significance0.06
Slope0.02
Total Sum of Squares0.36

IDT Return On Tangible Assets History

2024 0.13
2023 0.12
2022 0.085
2021 0.0586
2020 0.2
2019 0.0552
2018 7.7E-4

About IDT Financial Statements

IDT 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 IDT investors may analyze each financial statement separately, they are all interrelated. The changes in IDT's assets and liabilities, for example, are also reflected in the revenues and expenses on on IDT'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 0.12  0.13 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for IDT Stock Analysis

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