Synchrony Return On Tangible Assets from 2010 to 2024

SYF Stock  USD 67.04  1.05  1.59%   
Synchrony Financial's Return On Tangible Assets are decreasing over the last several years with slightly volatile swings. Return On Tangible Assets are estimated to finish at 0.03 this year. 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
0.01935216
Current Value
0.0319
Quarterly Volatility
0.00885714
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Synchrony Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Synchrony Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 435.1 M, Interest Expense of 3.9 B or Selling General Administrative of 1.3 B, as well as many indicators such as Price To Sales Ratio of 2.26, Dividend Yield of 0.0182 or PTB Ratio of 2.24. Synchrony financial statements analysis is a perfect complement when working with Synchrony Financial Valuation or Volatility modules.
  
Check out the analysis of Synchrony Financial Correlation against competitors.
For more detail on how to invest in Synchrony Stock please use our How to Invest in Synchrony Financial guide.

Latest Synchrony Financial's Return On Tangible Assets Growth Pattern

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

Synchrony Return On Tangible Assets Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.03
Coefficient Of Variation28.83
Mean Deviation0.01
Median0.03
Standard Deviation0.01
Sample Variance0.000078
Range0.0304
R-Value(0.40)
Mean Square Error0.000071
R-Squared0.16
Significance0.14
Slope(0.0008)
Total Sum of Squares0

Synchrony Return On Tangible Assets History

2024 0.0319
2023 0.0194
2022 0.0294
2021 0.0452
2020 0.0148
2019 0.0366
2018 0.0267

About Synchrony Financial Financial Statements

Synchrony Financial stakeholders use historical fundamental indicators, such as Synchrony Financial's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Synchrony Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Synchrony Financial's assets and liabilities are reflected in the revenues and expenses on Synchrony 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 Synchrony Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.03 

Currently Active Assets on Macroaxis

When determining whether Synchrony Financial is a strong investment it is important to analyze Synchrony Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Synchrony Financial's future performance. For an informed investment choice regarding Synchrony Stock, refer to the following important reports:
Check out the analysis of Synchrony Financial Correlation against competitors.
For more detail on how to invest in Synchrony Stock please use our How to Invest in Synchrony Financial guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Consumer Finance 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 Synchrony Financial. If investors know Synchrony 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 Synchrony Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.311
Dividend Share
1
Earnings Share
7.7
Revenue Per Share
22.405
Quarterly Revenue Growth
0.116
The market value of Synchrony Financial is measured differently than its book value, which is the value of Synchrony that is recorded on the company's balance sheet. Investors also form their own opinion of Synchrony Financial's value that differs from its market value or its book value, called intrinsic value, which is Synchrony 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 Synchrony Financial's market value can be influenced by many factors that don't directly affect Synchrony 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 Synchrony Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Synchrony Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synchrony 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.