Red Return On Tangible Assets from 2010 to 2024

RCAT Stock  USD 8.36  1.25  13.01%   
Red Cat 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
(0.67)
Current Value
1.50479569
Quarterly Volatility
31.80524169
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Red Cat financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Red Cat's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 M, Interest Expense of 0.0 or Selling General Administrative of 1.6 M, as well as many indicators such as Price To Sales Ratio of 1.4 K, Dividend Yield of 0.0 or Days Sales Outstanding of 14.87. Red financial statements analysis is a perfect complement when working with Red Cat Valuation or Volatility modules.
  
Check out the analysis of Red Cat Correlation against competitors.

Latest Red Cat's Return On Tangible Assets Growth Pattern

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

Red Return On Tangible Assets Regression Statistics

Arithmetic Mean(11.38)
Coefficient Of Variation(279.46)
Mean Deviation17.47
Median(1.25)
Standard Deviation31.81
Sample Variance1,012
Range128
R-Value0.15
Mean Square Error1,064
R-Squared0.02
Significance0.59
Slope1.08
Total Sum of Squares14,162

Red Return On Tangible Assets History

2023 -0.67
2022 -0.76
2021 -0.18
2020 -8.79
2019 -4.97
2017 1.5
2016 -5.79

About Red Cat Financial Statements

Red Cat 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 Red Cat investors may analyze each financial statement separately, they are all interrelated. The changes in Red Cat's assets and liabilities, for example, are also reflected in the revenues and expenses on on Red Cat'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(0.67) 1.50 

Thematic Opportunities

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Additional Tools for Red Stock Analysis

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