Star Return On Tangible Assets from 2010 to 2024

SGU Stock  USD 12.52  0.09  0.71%   
Star Gas Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets will likely drop to 0.03 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
0.0487
Current Value
0.0349
Quarterly Volatility
0.03871102
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Star Gas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Star Gas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 20.8 M, Interest Expense of 15.2 M or Selling General Administrative of 42.1 M, as well as many indicators such as Price To Sales Ratio of 0.41, Dividend Yield of 0.0957 or PTB Ratio of 1.85. Star financial statements analysis is a perfect complement when working with Star Gas Valuation or Volatility modules.
  
Check out the analysis of Star Gas Correlation against competitors.

Latest Star Gas' Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Star Gas Partners over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Star Gas' Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Star Gas' overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

Star Return On Tangible Assets Regression Statistics

Arithmetic Mean0.08
Geometric Mean0.07
Coefficient Of Variation49.48
Mean Deviation0.03
Median0.08
Standard Deviation0.04
Sample Variance0
Range0.1512
R-Value(0.01)
Mean Square Error0
R-Squared0.000033
Significance0.98
Slope(0.000049)
Total Sum of Squares0.02

Star Return On Tangible Assets History

2024 0.0349
2023 0.0487
2022 0.0541
2021 0.0615
2020 0.17
2018 0.044
2017 0.12

About Star Gas Financial Statements

Star Gas 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 Star Gas investors may analyze each financial statement separately, they are all interrelated. The changes in Star Gas' assets and liabilities, for example, are also reflected in the revenues and expenses on on Star Gas' 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 0.05  0.03 

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Additional Tools for Star Stock Analysis

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