Nuveen Return On Tangible Assets from 2010 to 2024

NXC Stock  USD 13.42  0.12  0.90%   
Nuveen California's Return On Tangible Assets are increasing over the years with slightly volatile fluctuation. Overall, Return On Tangible Assets are expected to go to 0.06 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
0.05705927
Current Value
0.05763938
Quarterly Volatility
0.03007453
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nuveen California financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nuveen California's main balance sheet or income statement drivers, such as Interest Expense of 931, Selling General Administrative of 82.7 K or Total Revenue of 3.1 M, as well as many indicators such as Price To Sales Ratio of 17.41, Dividend Yield of 0.0 or PTB Ratio of 1.03. Nuveen financial statements analysis is a perfect complement when working with Nuveen California Valuation or Volatility modules.
  
Check out the analysis of Nuveen California Correlation against competitors.

Latest Nuveen California's Return On Tangible Assets Growth Pattern

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

Nuveen Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.01)
Coefficient Of Variation(360.40)
Mean Deviation0.02
Median(0.01)
Standard Deviation0.03
Sample Variance0.0009
Range0.126
R-Value0.35
Mean Square Error0.0009
R-Squared0.12
Significance0.20
Slope0
Total Sum of Squares0.01

Nuveen Return On Tangible Assets History

2024 0.0576
2023 0.0571
2022 -0.0684

About Nuveen California Financial Statements

Nuveen California stakeholders use historical fundamental indicators, such as Nuveen California's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Nuveen California investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nuveen California's assets and liabilities are reflected in the revenues and expenses on Nuveen California'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 Nuveen California Select. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.06  0.06 

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.
When determining whether Nuveen California Select offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nuveen California'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 Nuveen California Select Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nuveen California Select Stock:
Check out the analysis of Nuveen California Correlation against competitors.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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 Nuveen California. If investors know Nuveen 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 Nuveen California 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
13.302
Earnings Share
0.85
Revenue Per Share
0.581
Quarterly Revenue Growth
0.016
Return On Assets
0.0239
The market value of Nuveen California Select is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen California's value that differs from its market value or its book value, called intrinsic value, which is Nuveen California'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 Nuveen California's market value can be influenced by many factors that don't directly affect Nuveen California'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 Nuveen California's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen California is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen California'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.