Sound Return On Tangible Assets from 2010 to 2024

SFBC Stock  USD 54.00  1.19  2.25%   
Sound Financial's Return On Tangible Assets are increasing over the years with slightly volatile fluctuation. Return On Tangible Assets are expected to dwindle to 0.01. 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
0.00750967
Current Value
0.006593
Quarterly Volatility
0.0018915
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sound Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sound Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 936.1 K, Interest Expense of 17.6 M or Selling General Administrative of 16.5 M, as well as many indicators such as Price To Sales Ratio of 1.77, Dividend Yield of 0.0117 or PTB Ratio of 0.78. Sound financial statements analysis is a perfect complement when working with Sound Financial Valuation or Volatility modules.
  
Check out the analysis of Sound Financial Correlation against competitors.

Latest Sound Financial's Return On Tangible Assets Growth Pattern

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

Sound Return On Tangible Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation23.26
Mean Deviation0
Median0.01
Standard Deviation0
Sample Variance0.00000358
Range0.0064
R-Value0.48
Mean Square Error0.00000296
R-Squared0.23
Significance0.07
Slope0.0002
Total Sum of Squares0.00005

Sound Return On Tangible Assets History

2024 0.006593
2023 0.00751
2022 0.009061
2021 0.01
2020 0.0104
2019 0.00932
2018 0.009868

About Sound Financial Financial Statements

Sound Financial stakeholders use historical fundamental indicators, such as Sound Financial's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Sound Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sound Financial's assets and liabilities are reflected in the revenues and expenses on Sound Financial's 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 Sound Financial Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Sound Financial Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sound Financial's 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 Sound Financial Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sound Financial Bancorp Stock:
Check out the analysis of Sound Financial Correlation against competitors.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Regional Banks 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 Sound Financial. If investors know Sound 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 Sound Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
0.76
Earnings Share
1.52
Revenue Per Share
13.726
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0037
The market value of Sound Financial Bancorp is measured differently than its book value, which is the value of Sound that is recorded on the company's balance sheet. Investors also form their own opinion of Sound Financial's value that differs from its market value or its book value, called intrinsic value, which is Sound Financial'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 Sound Financial's market value can be influenced by many factors that don't directly affect Sound Financial'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 Sound Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sound Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sound Financial'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.