Prospect Return On Tangible Assets from 2010 to 2024

PSEC Stock  USD 4.81  0.02  0.41%   
Prospect Capital's Return On Tangible Assets are decreasing over the years with very volatile fluctuation. Overall, Return On Tangible Assets are expected to go to 0.06 this year. 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
0.03345182
Current Value
0.0625
Quarterly Volatility
0.05088767
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Prospect Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prospect Capital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.8 M, Interest Expense of 99.4 M or Selling General Administrative of 22.2 M, as well as many indicators such as Price To Sales Ratio of 2.88, Dividend Yield of 0.088 or PTB Ratio of 0.85. Prospect financial statements analysis is a perfect complement when working with Prospect Capital Valuation or Volatility modules.
  
Check out the analysis of Prospect Capital Correlation against competitors.
For information on how to trade Prospect Stock refer to our How to Trade Prospect Stock guide.

Latest Prospect Capital's Return On Tangible Assets Growth Pattern

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

Prospect Return On Tangible Assets Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.04
Coefficient Of Variation88.98
Mean Deviation0.04
Median0.05
Standard Deviation0.05
Sample Variance0
Range0.1855
R-Value(0.01)
Mean Square Error0
R-Squared0.000078
Significance0.98
Slope(0.0001)
Total Sum of Squares0.04

Prospect Return On Tangible Assets History

2024 0.0625
2023 0.0335
2022 -0.0129
2021 0.17
2020 0.15
2019 -0.003061
2018 0.0249

About Prospect Capital Financial Statements

Prospect Capital stakeholders use historical fundamental indicators, such as Prospect Capital's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Prospect Capital investors may analyze each financial statement separately, they are all interrelated. For example, changes in Prospect Capital's assets and liabilities are reflected in the revenues and expenses on Prospect Capital's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Prospect Capital. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.03  0.06 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Prospect Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Prospect Capital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Prospect Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Prospect Capital Stock:
Check out the analysis of Prospect Capital Correlation against competitors.
For information on how to trade Prospect Stock refer to our How to Trade Prospect Stock guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prospect Capital. If investors know Prospect will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prospect Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.78)
Dividend Share
0.72
Earnings Share
(0.25)
Revenue Per Share
1.961
Quarterly Revenue Growth
(0.17)
The market value of Prospect Capital is measured differently than its book value, which is the value of Prospect that is recorded on the company's balance sheet. Investors also form their own opinion of Prospect Capital's value that differs from its market value or its book value, called intrinsic value, which is Prospect Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Prospect Capital's market value can be influenced by many factors that don't directly affect Prospect Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Prospect Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prospect Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prospect Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.