Raytech Return On Tangible Assets from 2010 to 2024

RAY Stock   1.36  0.13  8.72%   
Raytech Holding Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to 0.16 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
0.17099086
Current Value
0.16
Quarterly Volatility
0.12450547
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Raytech Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Raytech Holding's main balance sheet or income statement drivers, such as Tax Provision of 1.9 M, Net Interest Income of 1.5 M or Interest Income of 1.5 M, as well as many indicators such as Price To Sales Ratio of 7.51, Dividend Yield of 3.0E-4 or PTB Ratio of 16.19. Raytech financial statements analysis is a perfect complement when working with Raytech Holding Valuation or Volatility modules.
  
Check out the analysis of Raytech Holding Correlation against competitors.

Latest Raytech Holding's Return On Tangible Assets Growth Pattern

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

Raytech Return On Tangible Assets Regression Statistics

Arithmetic Mean0.41
Geometric Mean0.39
Coefficient Of Variation30.08
Mean Deviation0.1
Median0.48
Standard Deviation0.12
Sample Variance0.02
Range0.3157
R-Value(0.71)
Mean Square Error0.01
R-Squared0.51
Significance0
Slope(0.02)
Total Sum of Squares0.22

Raytech Return On Tangible Assets History

2024 0.16
2023 0.17
2022 0.19
2021 0.45

About Raytech Holding Financial Statements

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

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Additional Tools for Raytech Stock Analysis

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