NeoVolta Return On Tangible Assets from 2010 to 2024

NEOVW Stock  USD 2.42  0.02  0.83%   
NeoVolta Warrant Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to -0.52 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
(0.49)
Current Value
(0.52)
Quarterly Volatility
2.48740196
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NeoVolta Warrant financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NeoVolta Warrant's main balance sheet or income statement drivers, such as Depreciation And Amortization of 32 K, Interest Expense of 0.0 or Selling General Administrative of 4.2 M, as well as many indicators such as Price To Sales Ratio of 18.82, Dividend Yield of 0.0 or PTB Ratio of 12.51. NeoVolta financial statements analysis is a perfect complement when working with NeoVolta Warrant Valuation or Volatility modules.
  
Check out the analysis of NeoVolta Warrant Correlation against competitors.
For more information on how to buy NeoVolta Stock please use our How to Invest in NeoVolta Warrant guide.

Latest NeoVolta Warrant's Return On Tangible Assets Growth Pattern

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

NeoVolta Return On Tangible Assets Regression Statistics

Arithmetic Mean(3.34)
Coefficient Of Variation(74.37)
Mean Deviation2.35
Median(5.55)
Standard Deviation2.49
Sample Variance6.19
Range5.3462
R-Value0.85
Mean Square Error1.81
R-Squared0.73
Significance0.000052
Slope0.47
Total Sum of Squares86.62

NeoVolta Return On Tangible Assets History

2024 -0.52
2023 -0.49
2022 -0.41
2021 -1.41
2020 -2.35
2019 -0.43
2018 -0.2

About NeoVolta Warrant Financial Statements

NeoVolta Warrant investors use historical fundamental indicators, such as NeoVolta Warrant'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 NeoVolta Warrant. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.49)(0.52)

Also Currently Popular

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.

Additional Tools for NeoVolta Stock Analysis

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