SunLink Return On Tangible Assets from 2010 to 2024

SSY Stock  USD 0.79  0.07  8.14%   
SunLink Health Return On Tangible Assets yearly trend continues to be fairly 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
(0.08)
Current Value
0.00868286
Quarterly Volatility
0.11943477
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SunLink Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SunLink Health's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 855 or Total Revenue of 30.8 M, as well as many indicators such as Price To Sales Ratio of 0.17, Dividend Yield of 0.0 or PTB Ratio of 0.74. SunLink financial statements analysis is a perfect complement when working with SunLink Health Valuation or Volatility modules.
  
Check out the analysis of SunLink Health Correlation against competitors.

Latest SunLink Health's Return On Tangible Assets Growth Pattern

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

SunLink Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.02)
Geometric Mean0.04
Coefficient Of Variation(554.92)
Mean Deviation0.08
Median(0.01)
Standard Deviation0.12
Sample Variance0.01
Range0.565
R-Value(0.06)
Mean Square Error0.02
R-Squared0
Significance0.83
Slope(0)
Total Sum of Squares0.20

SunLink Return On Tangible Assets History

2024 0.008683
2023 -0.0786
2022 -0.0813
2021 -0.0644
2020 0.23
2019 -0.0219
2018 -0.0865

About SunLink Health Financial Statements

SunLink Health investors use historical fundamental indicators, such as SunLink Health'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 SunLink Health. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.08) 0.01 

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Additional Tools for SunLink Stock Analysis

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