Sun Return On Tangible Assets from 2010 to 2024

SNCY Stock  USD 13.91  0.07  0.50%   
Sun Country Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to 0.05 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
0.05477166
Current Value
0.0513
Quarterly Volatility
0.02410805
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sun Country financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sun Country's main balance sheet or income statement drivers, such as Interest Expense of 25.5 M, Other Operating Expenses of 624.8 M or EBIT of 80.7 M, as well as many indicators such as Price To Sales Ratio of 0.79, Dividend Yield of 0.0041 or PTB Ratio of 1.61. Sun financial statements analysis is a perfect complement when working with Sun Country Valuation or Volatility modules.
  
Check out the analysis of Sun Country Correlation against competitors.

Latest Sun Country's Return On Tangible Assets Growth Pattern

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

Sun Return On Tangible Assets Regression Statistics

Arithmetic Mean0.06
Coefficient Of Variation39.71
Mean Deviation0.02
Median0.07
Standard Deviation0.02
Sample Variance0.0006
Range0.0816
R-Value(0.51)
Mean Square Error0.0005
R-Squared0.26
Significance0.05
Slope(0)
Total Sum of Squares0.01

Sun Return On Tangible Assets History

2024 0.0513
2023 0.0548
2022 0.0145
2021 0.0763
2020 -0.00529
2019 0.0669

About Sun Country Financial Statements

Sun Country investors use historical fundamental indicators, such as Sun Country's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Sun Country. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.05  0.05 

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Additional Tools for Sun Stock Analysis

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