Rxsight Return On Tangible Assets from 2010 to 2024

RXST Stock  USD 45.05  0.24  0.54%   
Rxsight 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
(0.27)
Current Value
(0.25)
Quarterly Volatility
0.66533793
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rxsight financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rxsight's main balance sheet or income statement drivers, such as Tax Provision of 18.9 K, Net Interest Income of 3.4 M or Interest Income of 6.9 M, as well as many indicators such as Price To Sales Ratio of 14.82, Dividend Yield of 0.0 or PTB Ratio of 9.1. Rxsight financial statements analysis is a perfect complement when working with Rxsight Valuation or Volatility modules.
  
Check out the analysis of Rxsight Correlation against competitors.
For more information on how to buy Rxsight Stock please use our How to Invest in Rxsight guide.

Latest Rxsight's Return On Tangible Assets Growth Pattern

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

Rxsight Return On Tangible Assets Regression Statistics

Arithmetic Mean0.70
Geometric Mean0.72
Coefficient Of Variation95.14
Mean Deviation0.59
Median1.14
Standard Deviation0.67
Sample Variance0.44
Range1.5875
R-Value(0.82)
Mean Square Error0.15
R-Squared0.68
Significance0.0002
Slope(0.12)
Total Sum of Squares6.20

Rxsight Return On Tangible Assets History

2023 -0.27
2022 -0.44
2021 -0.25
2020 0.27

About Rxsight Financial Statements

Rxsight 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 Rxsight investors may analyze each financial statement separately, they are all interrelated. The changes in Rxsight's assets and liabilities, for example, are also reflected in the revenues and expenses on on Rxsight'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(0.27)(0.25)

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Additional Tools for Rxsight Stock Analysis

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