Provident Return On Tangible Assets from 2010 to 2024

PROV Stock  USD 15.95  0.07  0.44%   
Provident Financial 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
0.00577818
Current Value
0.007908
Quarterly Volatility
0.00433987
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Provident Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Provident Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 M, Interest Expense of 19.3 M or Selling General Administrative of 27 M, as well as many indicators such as Price To Sales Ratio of 2.55, Dividend Yield of 0.0478 or PTB Ratio of 1.06. Provident financial statements analysis is a perfect complement when working with Provident Financial Valuation or Volatility modules.
  
Check out the analysis of Provident Financial Correlation against competitors.

Latest Provident Financial's Return On Tangible Assets Growth Pattern

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

Provident Return On Tangible Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation58.95
Mean Deviation0
Median0.01
Standard Deviation0
Sample Variance0.000019
Range0.0195
R-Value(0.20)
Mean Square Error0.000019
R-Squared0.04
Significance0.48
Slope(0.0002)
Total Sum of Squares0.0003

Provident Return On Tangible Assets History

2024 0.007908
2023 0.005778
2022 0.007323
2021 0.009134
2020 0.007929
2019 0.006536
2018 0.004074

About Provident Financial Financial Statements

Provident Financial investors use historical fundamental indicators, such as Provident Financial'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 Provident Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 

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Additional Tools for Provident Stock Analysis

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