Palo Return On Tangible Assets from 2010 to 2024

PANW Stock  USD 383.36  14.34  3.61%   
Palo Alto 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
0.15846649
Current Value
0.17
Quarterly Volatility
0.16450795
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Palo Alto financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Palo Alto's main balance sheet or income statement drivers, such as Depreciation And Amortization of 150.3 M, Interest Expense of 7.9 M or Selling General Administrative of 714.5 M, as well as many indicators such as Price To Sales Ratio of 12.27, Dividend Yield of 0.0 or PTB Ratio of 21.57. Palo financial statements analysis is a perfect complement when working with Palo Alto Valuation or Volatility modules.
  
Check out the analysis of Palo Alto Correlation against competitors.

Latest Palo Alto's Return On Tangible Assets Growth Pattern

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

Palo Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.06)
Coefficient Of Variation(290.85)
Mean Deviation0.1
Median(0.04)
Standard Deviation0.16
Sample Variance0.03
Range0.7244
R-Value0.71
Mean Square Error0.01
R-Squared0.50
Significance0
Slope0.03
Total Sum of Squares0.38

Palo Return On Tangible Assets History

2024 0.17
2023 0.16
2022 0.0391
2021 -0.0293
2020 -0.0709
2019 -0.0387
2018 -0.0165

About Palo Alto Financial Statements

Palo Alto investors use historical fundamental indicators, such as Palo Alto'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 Palo Alto. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.16  0.17 

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Additional Tools for Palo Stock Analysis

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