Rush Return On Tangible Assets from 2010 to 2024

RUSHB Stock  USD 57.39  1.80  3.24%   
Rush Enterprises' Return On Tangible Assets are increasing over the years with slightly volatile fluctuation. Overall, Return On Tangible Assets are expected to go to 0.09 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
0.08800611
Current Value
0.0924
Quarterly Volatility
0.03186534
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rush Enterprises financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rush Enterprises' main balance sheet or income statement drivers, such as Depreciation And Amortization of 232.2 M, Interest Expense of 56.4 M or Selling General Administrative of 1.1 B, as well as many indicators such as Price To Sales Ratio of 0.54, Dividend Yield of 0.0118 or PTB Ratio of 1.16. Rush financial statements analysis is a perfect complement when working with Rush Enterprises Valuation or Volatility modules.
  
Check out the analysis of Rush Enterprises Correlation against competitors.

Latest Rush Enterprises' Return On Tangible Assets Growth Pattern

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

Rush Return On Tangible Assets Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.05
Coefficient Of Variation54.60
Mean Deviation0.03
Median0.05
Standard Deviation0.03
Sample Variance0
Range0.0969
R-Value0.48
Mean Square Error0.0008
R-Squared0.23
Significance0.07
Slope0
Total Sum of Squares0.01

Rush Return On Tangible Assets History

2024 0.0924
2023 0.088
2021 0.0904
2020 0.0438
2019 0.0464
2018 0.0484
2017 0.0677

About Rush Enterprises Financial Statements

Rush Enterprises stakeholders use historical fundamental indicators, such as Rush Enterprises' Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Rush Enterprises investors may analyze each financial statement separately, they are all interrelated. For example, changes in Rush Enterprises' assets and liabilities are reflected in the revenues and expenses on Rush Enterprises' 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 Rush Enterprises B. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.09  0.09 

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When determining whether Rush Enterprises B offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rush Enterprises' 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 Rush Enterprises B Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rush Enterprises B Stock:
Check out the analysis of Rush Enterprises Correlation against competitors.
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Is Trading Companies & Distributors 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 Rush Enterprises. If investors know Rush 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 Rush Enterprises 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
0.01
Dividend Share
0.69
Earnings Share
3.77
Revenue Per Share
99.014
Quarterly Revenue Growth
(0.04)
The market value of Rush Enterprises B is measured differently than its book value, which is the value of Rush that is recorded on the company's balance sheet. Investors also form their own opinion of Rush Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Rush Enterprises' 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 Rush Enterprises' market value can be influenced by many factors that don't directly affect Rush Enterprises' 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 Rush Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rush Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rush Enterprises' 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.