Natural Return On Tangible Assets from 2010 to 2024

NGS Stock  USD 27.45  0.43  1.54%   
Natural Gas 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
0.00993192
Current Value
0.009435
Quarterly Volatility
0.03382231
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Natural Gas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Natural Gas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 16.2 M, Interest Expense of 4.3 M or Selling General Administrative of 17.9 M, as well as many indicators such as Price To Sales Ratio of 2.21, Dividend Yield of 0.0011 or PTB Ratio of 1.53. Natural financial statements analysis is a perfect complement when working with Natural Gas Valuation or Volatility modules.
  
Check out the analysis of Natural Gas Correlation against competitors.

Latest Natural Gas' Return On Tangible Assets Growth Pattern

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

Natural Return On Tangible Assets Regression Statistics

Arithmetic Mean0.02
Coefficient Of Variation160.65
Mean Deviation0.03
Median0.02
Standard Deviation0.03
Sample Variance0
Range0.1178
R-Value(0.62)
Mean Square Error0.0008
R-Squared0.39
Significance0.01
Slope(0)
Total Sum of Squares0.02

Natural Return On Tangible Assets History

2024 0.009435
2023 0.009932
2022 -0.001738
2021 -0.0309
2020 0.005915
2019 -0.0486
2018 0.001449

About Natural Gas Financial Statements

Natural Gas 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 Natural Gas investors may analyze each financial statement separately, they are all interrelated. The changes in Natural Gas' assets and liabilities, for example, are also reflected in the revenues and expenses on on Natural Gas' 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 Natural Stock Analysis

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