James Return On Tangible Assets from 2010 to 2024

JHX Stock  USD 35.66  0.73  2.09%   
James Hardie 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
0.1116216
Current Value
0.12
Quarterly Volatility
0.05811333
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check James Hardie financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among James Hardie's main balance sheet or income statement drivers, such as Interest Expense of 21.2 M, Selling General Administrative of 632.3 M or Total Revenue of 4.1 B, as well as many indicators such as Price To Sales Ratio of 4.69, Dividend Yield of 0.0214 or PTB Ratio of 8.54. James financial statements analysis is a perfect complement when working with James Hardie Valuation or Volatility modules.
  
Check out the analysis of James Hardie Correlation against competitors.

Latest James Hardie's Return On Tangible Assets Growth Pattern

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

James Return On Tangible Assets Regression Statistics

Arithmetic Mean0.1
Geometric Mean0.09
Coefficient Of Variation58.42
Mean Deviation0.04
Median0.11
Standard Deviation0.06
Sample Variance0
Range0.2368
R-Value0.02
Mean Square Error0
R-Squared0.0004
Significance0.94
Slope0.0003
Total Sum of Squares0.05

James Return On Tangible Assets History

2021 0.12
2020 0.0709
2019 0.0659
2017 0.0626
2016 0.13
2015 0.11
2014 0.14

About James Hardie Financial Statements

James Hardie investors use historical fundamental indicators, such as James Hardie'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 James Hardie. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.11  0.12 

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Additional Tools for James Stock Analysis

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