Innovex Return On Tangible Assets from 2010 to 2024

INVX Stock   17.58  0.22  1.27%   
Innovex International, Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to 0.0006 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
0.00062295
Current Value
0.000592
Quarterly Volatility
0.07911438
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Innovex International, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Innovex International,'s main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.8 M, Interest Expense of 2.5 M or Total Revenue of 426.5 M, as well as many indicators such as Price To Sales Ratio of 1.31, Dividend Yield of 0.0 or PTB Ratio of 1.06. Innovex financial statements analysis is a perfect complement when working with Innovex International, Valuation or Volatility modules.
  
Check out the analysis of Innovex International, Correlation against competitors.
For more information on how to buy Innovex Stock please use our How to Invest in Innovex International, guide.

Latest Innovex International,'s Return On Tangible Assets Growth Pattern

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

Innovex Return On Tangible Assets Regression Statistics

Arithmetic Mean0.05
Coefficient Of Variation163.69
Mean Deviation0.07
Median0.04
Standard Deviation0.08
Sample Variance0.01
Range0.2578
R-Value(0.34)
Mean Square Error0.01
R-Squared0.11
Significance0.22
Slope(0.01)
Total Sum of Squares0.09

Innovex Return On Tangible Assets History

2024 5.92E-4
2023 6.23E-4
2022 0.17
2021 0.0424
2020 -0.0274
2019 0.001474
2018 -0.0832

About Innovex International, Financial Statements

Innovex International, investors use historical fundamental indicators, such as Innovex International,'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 Innovex International,. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year

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 Innovex Stock Analysis

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