Knight Return On Tangible Assets from 2010 to 2024

KNX Stock  USD 57.62  1.41  2.51%   
Knight Transportation Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to 0.03 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
0.03118575
Current Value
0.0296
Quarterly Volatility
0.03467203
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Knight Transportation financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Knight Transportation's main balance sheet or income statement drivers, such as Depreciation And Amortization of 771.9 M, Interest Expense of 133.5 M or Selling General Administrative of 671.2 M, as well as many indicators such as Price To Sales Ratio of 1.24, Dividend Yield of 0.0172 or PTB Ratio of 1.25. Knight financial statements analysis is a perfect complement when working with Knight Transportation Valuation or Volatility modules.
  
Check out the analysis of Knight Transportation Correlation against competitors.
For more information on how to buy Knight Stock please use our How to Invest in Knight Transportation guide.

Latest Knight Transportation's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Knight Transportation over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Knight Transportation's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Knight Transportation's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Pretty Stable
   Return On Tangible Assets   
       Timeline  

Knight Return On Tangible Assets Regression Statistics

Arithmetic Mean0.1
Geometric Mean0.09
Coefficient Of Variation35.73
Mean Deviation0.03
Median0.1
Standard Deviation0.03
Sample Variance0
Range0.1148
R-Value(0.25)
Mean Square Error0
R-Squared0.06
Significance0.36
Slope(0)
Total Sum of Squares0.02

Knight Return On Tangible Assets History

2024 0.0296
2023 0.0312
2020 0.0987
2019 0.0776
2018 0.12
2017 0.14
2016 0.0912

About Knight Transportation Financial Statements

Knight Transportation investors use historical fundamental indicators, such as Knight Transportation'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 Knight Transportation. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.03  0.03 

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Additional Tools for Knight Stock Analysis

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