Marine Return On Tangible Assets from 2010 to 2024

MARPS Stock  USD 4.06  0.06  1.50%   
Marine Petroleum Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets will likely drop to 0.01 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
0.00616008
Current Value
0.005852
Quarterly Volatility
1.0365016
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Marine Petroleum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Marine Petroleum's main balance sheet or income statement drivers, such as Interest Expense of 603, Total Revenue of 33.3 M or Gross Profit of 33.3 M, as well as many indicators such as Price To Sales Ratio of 0.23, Ptb Ratio of 13.26 or Days Sales Outstanding of 1.33. Marine financial statements analysis is a perfect complement when working with Marine Petroleum Valuation or Volatility modules.
  
Check out the analysis of Marine Petroleum Correlation against competitors.

Latest Marine Petroleum's Return On Tangible Assets Growth Pattern

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

Marine Return On Tangible Assets Regression Statistics

Arithmetic Mean1.21
Geometric Mean0.53
Coefficient Of Variation85.61
Mean Deviation0.88
Median0.74
Standard Deviation1.04
Sample Variance1.07
Range3.2094
R-Value(0.85)
Mean Square Error0.31
R-Squared0.73
Significance0.00005
Slope(0.20)
Total Sum of Squares15.04

Marine Return On Tangible Assets History

2024 0.005852
2023 0.00616
2022 1.19
2021 0.18
2020 0.61
2019 0.59
2018 0.65

About Marine Petroleum Financial Statements

Marine Petroleum 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 Marine Petroleum investors may analyze each financial statement separately, they are all interrelated. The changes in Marine Petroleum's assets and liabilities, for example, are also reflected in the revenues and expenses on on Marine Petroleum'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 0.01  0.01 

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Additional Tools for Marine Stock Analysis

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