Royal Return On Tangible Assets from 2010 to 2024

RCL Stock  USD 237.57  1.70  0.72%   
Royal Caribbean Return On Tangible Assets yearly trend continues to be quite stable with very little volatility. The value of Return On Tangible Assets are projected to decrease to 0.03. 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
0.04944351
Current Value
0.0292
Quarterly Volatility
0.09006254
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Royal Caribbean financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Royal Caribbean's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 B, Interest Expense of 1.5 B or Total Revenue of 14.6 B, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0142 or PTB Ratio of 7.37. Royal financial statements analysis is a perfect complement when working with Royal Caribbean Valuation or Volatility modules.
  
Check out the analysis of Royal Caribbean Correlation against competitors.

Latest Royal Caribbean's Return On Tangible Assets Growth Pattern

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

Royal Return On Tangible Assets Regression Statistics

Arithmetic Mean(0)
Coefficient Of Variation(8,128)
Mean Deviation0.06
Median0.03
Standard Deviation0.09
Sample Variance0.01
Range0.2828
R-Value(0.29)
Mean Square Error0.01
R-Squared0.09
Significance0.29
Slope(0.01)
Total Sum of Squares0.11

Royal Return On Tangible Assets History

2024 0.0292
2023 0.0494
2022 -0.0637
2020 -0.21
2019 0.0517
2018 0.0688
2017 0.0738

About Royal Caribbean Financial Statements

Royal Caribbean investors utilize fundamental indicators, such as Return On Tangible Assets, to predict how Royal Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.05  0.03 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Royal Caribbean Cruises is a strong investment it is important to analyze Royal Caribbean's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Royal Caribbean's future performance. For an informed investment choice regarding Royal Stock, refer to the following important reports:
Check out the analysis of Royal Caribbean Correlation against competitors.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Hotels, Resorts & Cruise Lines 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 Royal Caribbean. If investors know Royal 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 Royal Caribbean 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
0.154
Dividend Share
0.4
Earnings Share
9.97
Revenue Per Share
62.168
Quarterly Revenue Growth
0.175
The market value of Royal Caribbean Cruises is measured differently than its book value, which is the value of Royal that is recorded on the company's balance sheet. Investors also form their own opinion of Royal Caribbean's value that differs from its market value or its book value, called intrinsic value, which is Royal Caribbean'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 Royal Caribbean's market value can be influenced by many factors that don't directly affect Royal Caribbean'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 Royal Caribbean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royal Caribbean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royal Caribbean'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.