Portage Return On Tangible Assets from 2010 to 2024

PFTAU Stock  USD 10.85  0.00  0.00%   
Portage Fintech Return On Tangible Assets yearly trend continues to be comparatively 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
0.16985168
Current Value
0.18
Quarterly Volatility
0.05102344
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Portage Fintech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Portage Fintech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 15.9 M or Selling General Administrative of 2.5 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 6.56. Portage financial statements analysis is a perfect complement when working with Portage Fintech Valuation or Volatility modules.
  
Check out the analysis of Portage Fintech Correlation against competitors.

Latest Portage Fintech's Return On Tangible Assets Growth Pattern

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

Portage Return On Tangible Assets Regression Statistics

Arithmetic Mean0.05
Geometric Mean0.04
Coefficient Of Variation97.05
Mean Deviation0.04
Median0.03
Standard Deviation0.05
Sample Variance0
Range0.1497
R-Value0.66
Mean Square Error0
R-Squared0.44
Significance0.01
Slope0.01
Total Sum of Squares0.04

Portage Return On Tangible Assets History

2024 0.18
2023 0.17
2022 0.0751

About Portage Fintech Financial Statements

Portage Fintech 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 Portage Fintech investors may analyze each financial statement separately, they are all interrelated. The changes in Portage Fintech's assets and liabilities, for example, are also reflected in the revenues and expenses on on Portage Fintech's 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 0.17  0.18 

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Additional Tools for Portage Stock Analysis

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