Orion Return On Tangible Assets from 2010 to 2024

OESX Stock  USD 0.82  0.02  2.38%   
Orion Energy Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets are likely to outpace its year average 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
(0.20)
Current Value
(0.19)
Quarterly Volatility
0.22172489
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Orion Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Orion Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 1.1 M or Total Revenue of 80.2 M, as well as many indicators such as Price To Sales Ratio of 0.3, Dividend Yield of 0.0578 or PTB Ratio of 1.21. Orion financial statements analysis is a perfect complement when working with Orion Energy Valuation or Volatility modules.
  
Check out the analysis of Orion Energy Correlation against competitors.

Latest Orion Energy's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Orion Energy Systems over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Orion Energy's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Orion Energy's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

Orion Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.13)
Geometric Mean0.14
Coefficient Of Variation(176.48)
Mean Deviation0.17
Median(0.12)
Standard Deviation0.22
Sample Variance0.05
Range0.8234
R-Value(0.1)
Mean Square Error0.05
R-Squared0.01
Significance0.73
Slope(0)
Total Sum of Squares0.69

Orion Return On Tangible Assets History

2024 -0.19
2023 -0.2
2022 -0.54
2021 0.0725
2020 0.29
2019 0.18
2018 -0.12

About Orion Energy Financial Statements

Orion Energy investors use historical fundamental indicators, such as Orion Energy'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 Orion Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.20)(0.19)

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Additional Tools for Orion Stock Analysis

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