NACCO Return On Tangible Assets from 2010 to 2024
NC Stock | USD 32.07 2.00 6.65% |
Return On Tangible Assets | First Reported 2010-12-31 | Previous Quarter (0.07) | Current Value (0.07) | Quarterly Volatility 0.07124753 |
Check NACCO Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NACCO Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 41.4 M, Interest Expense of 2.3 M or Total Revenue of 204.1 M, as well as many indicators such as Price To Sales Ratio of 1.33, Dividend Yield of 0.0225 or PTB Ratio of 0.75. NACCO financial statements analysis is a perfect complement when working with NACCO Industries Valuation or Volatility modules.
NACCO | Return On Tangible Assets |
Latest NACCO Industries' Return On Tangible Assets Growth Pattern
Below is the plot of the Return On Tangible Assets of NACCO Industries over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. NACCO Industries' Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NACCO Industries' overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets | 10 Years Trend |
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Return On Tangible Assets |
Timeline |
NACCO Return On Tangible Assets Regression Statistics
Arithmetic Mean | 0.05 | |
Coefficient Of Variation | 136.49 | |
Mean Deviation | 0.06 | |
Median | 0.06 | |
Standard Deviation | 0.07 | |
Sample Variance | 0.01 | |
Range | 0.228 | |
R-Value | (0.26) | |
Mean Square Error | 0.01 | |
R-Squared | 0.07 | |
Significance | 0.34 | |
Slope | (0) | |
Total Sum of Squares | 0.07 |
NACCO Return On Tangible Assets History
About NACCO Industries Financial Statements
NACCO Industries stakeholders use historical fundamental indicators, such as NACCO Industries' Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although NACCO Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in NACCO Industries' assets and liabilities are reflected in the revenues and expenses on NACCO Industries' 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 NACCO Industries. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.07) | (0.07) |
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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.Check out the analysis of NACCO Industries Correlation against competitors. For information on how to trade NACCO Stock refer to our How to Trade NACCO Stock guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Oil, Gas & Consumable Fuels 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 NACCO Industries. If investors know NACCO 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 NACCO Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.408 | Dividend Share 0.89 | Earnings Share (2.33) | Revenue Per Share 30.255 | Quarterly Revenue Growth 0.325 |
The market value of NACCO Industries is measured differently than its book value, which is the value of NACCO that is recorded on the company's balance sheet. Investors also form their own opinion of NACCO Industries' value that differs from its market value or its book value, called intrinsic value, which is NACCO Industries' 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 NACCO Industries' market value can be influenced by many factors that don't directly affect NACCO Industries' 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 NACCO Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if NACCO Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NACCO Industries' 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.