TransAct Return On Assets from 2010 to 2024

TACT Stock  USD 4.15  0.09  2.12%   
TransAct Technologies Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets will likely drop to 0.05 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit TransAct Technologies Incorporated earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.08760471
Current Value
0.0469
Quarterly Volatility
0.09401908
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TransAct Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TransAct Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Interest Expense of 325.5 K or Selling General Administrative of 10.1 M, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.0184 or PTB Ratio of 1.67. TransAct financial statements analysis is a perfect complement when working with TransAct Technologies Valuation or Volatility modules.
  
Check out the analysis of TransAct Technologies Correlation against competitors.

Latest TransAct Technologies' Return On Assets Growth Pattern

Below is the plot of the Return On Assets of TransAct Technologies Incorporated over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. TransAct Technologies' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TransAct Technologies' overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

TransAct Return On Assets Regression Statistics

Arithmetic Mean0.05
Geometric Mean0.07
Coefficient Of Variation189.09
Mean Deviation0.08
Median0.09
Standard Deviation0.09
Sample Variance0.01
Range0.2919
R-Value(0.55)
Mean Square Error0.01
R-Squared0.30
Significance0.04
Slope(0.01)
Total Sum of Squares0.12

TransAct Return On Assets History

2024 0.0469
2023 0.0876
2022 -0.11
2021 -0.0814
2020 -0.13
2019 0.0143

About TransAct Technologies Financial Statements

TransAct Technologies shareholders use historical fundamental indicators, such as Return On Assets, to determine how well the company is positioned to perform in the future. Although TransAct Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in TransAct Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on TransAct Technologies' 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 Assets 0.09  0.05 

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Additional Tools for TransAct Stock Analysis

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