Prudential Return On Tangible Assets from 2010 to 2024

PRS Stock  USD 24.76  0.11  0.44%   
Prudential Financial 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
0.00356107
Current Value
0.004998
Quarterly Volatility
0.00365248
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Prudential Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prudential Financial's main balance sheet or income statement drivers, such as Total Revenue of 51.3 B, Gross Profit of 48.7 B or Other Operating Expenses of 12.3 B, as well as many indicators such as Price To Sales Ratio of 0.2, Dividend Yield of 0.1 or PTB Ratio of 0.28. Prudential financial statements analysis is a perfect complement when working with Prudential Financial Valuation or Volatility modules.
  
Check out the analysis of Prudential Financial Correlation against competitors.
For more information on how to buy Prudential Stock please use our How to Invest in Prudential Financial guide.

Latest Prudential Financial's Return On Tangible Assets Growth Pattern

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

Prudential Return On Tangible Assets Regression Statistics

Arithmetic Mean0
Coefficient Of Variation88.86
Mean Deviation0
Median0
Standard Deviation0
Sample Variance0.000013
Range0.0121
R-Value(0.10)
Mean Square Error0.000014
R-Squared0.01
Significance0.71
Slope(0.000086)
Total Sum of Squares0.0002

Prudential Return On Tangible Assets History

2024 0.004998
2023 0.003561
2022 -0.002507
2021 0.008299
2020 -4.31E-4
2019 0.004748
2018 0.005084

About Prudential Financial Financial Statements

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

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Additional Tools for Prudential Stock Analysis

When running Prudential Financial's price analysis, check to measure Prudential 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 Prudential Financial is operating at the current time. Most of Prudential Financial's value examination focuses on studying past and present price action to predict the probability of Prudential 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 Prudential Financial's price. Additionally, you may evaluate how the addition of Prudential Financial to your portfolios can decrease your overall portfolio volatility.