Logan Return On Tangible Assets from 2010 to 2024

LRFC Stock  USD 24.93  0.46  1.81%   
Logan Ridge's Return On Tangible Assets are decreasing over the years with slightly volatile fluctuation. Overall, Return On Tangible Assets are projected to go to -0.01 this year. 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
(0.01)
Current Value
(0.01)
Quarterly Volatility
0.08105454
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Logan Ridge financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Logan Ridge's main balance sheet or income statement drivers, such as Interest Expense of 14.3 M, Selling General Administrative of 4.1 M or Total Revenue of 5.5 M, as well as many indicators such as Price To Sales Ratio of 15.3, Dividend Yield of 0.0402 or PTB Ratio of 0.87. Logan financial statements analysis is a perfect complement when working with Logan Ridge Valuation or Volatility modules.
  
Check out the analysis of Logan Ridge Correlation against competitors.

Latest Logan Ridge's Return On Tangible Assets Growth Pattern

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

Logan Return On Tangible Assets Regression Statistics

Arithmetic Mean0.02
Coefficient Of Variation495.03
Mean Deviation0.06
Median(0.01)
Standard Deviation0.08
Sample Variance0.01
Range0.2619
R-Value(0.79)
Mean Square Error0
R-Squared0.62
Significance0.0005
Slope(0.01)
Total Sum of Squares0.09

Logan Return On Tangible Assets History

2024 -0.0121
2023 -0.0127
2022 -0.056
2021 -0.007919
2020 -0.11
2019 -0.0649
2018 -0.0327

About Logan Ridge Financial Statements

Logan Ridge stakeholders use historical fundamental indicators, such as Logan Ridge's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Logan Ridge investors may analyze each financial statement separately, they are all interrelated. For example, changes in Logan Ridge's assets and liabilities are reflected in the revenues and expenses on Logan Ridge's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Logan Ridge Finance. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.01)(0.01)

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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.
When determining whether Logan Ridge Finance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Logan Ridge's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Logan Ridge Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Logan Ridge Finance Stock:
Check out the analysis of Logan Ridge Correlation against competitors.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Logan Ridge. If investors know Logan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Logan Ridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
1.28
Earnings Share
(1.22)
Revenue Per Share
7.449
Quarterly Revenue Growth
(0)
Return On Assets
0.0381
The market value of Logan Ridge Finance is measured differently than its book value, which is the value of Logan that is recorded on the company's balance sheet. Investors also form their own opinion of Logan Ridge's value that differs from its market value or its book value, called intrinsic value, which is Logan Ridge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Logan Ridge's market value can be influenced by many factors that don't directly affect Logan Ridge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Logan Ridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Logan Ridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Logan Ridge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.