Taitron Return On Assets from 2010 to 2024

TAIT Stock  USD 2.64  0.03  1.15%   
Taitron Components Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Taitron Components 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
0.10246584
Current Value
0.11
Quarterly Volatility
0.10165047
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Taitron Components financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Taitron Components' main balance sheet or income statement drivers, such as Depreciation And Amortization of 202 K, Interest Expense of 184.2 K or Total Revenue of 10.8 M, as well as many indicators such as Price To Sales Ratio of 3.64, Dividend Yield of 0.0435 or PTB Ratio of 1.26. Taitron financial statements analysis is a perfect complement when working with Taitron Components Valuation or Volatility modules.
  
Check out the analysis of Taitron Components Correlation against competitors.

Latest Taitron Components' Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Taitron Components 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. Taitron Components' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Taitron Components' 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  

Taitron Return On Assets Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.07
Coefficient Of Variation346.38
Mean Deviation0.08
Median0.05
Standard Deviation0.10
Sample Variance0.01
Range0.4088
R-Value0.60
Mean Square Error0.01
R-Squared0.36
Significance0.02
Slope0.01
Total Sum of Squares0.14

Taitron Return On Assets History

2024 0.11
2023 0.1
2022 0.19
2021 0.12
2020 0.0953
2019 0.0447
2018 0.0986

About Taitron Components Financial Statements

Taitron Components shareholders use historical fundamental indicators, such as Return On Assets, to determine how well the company is positioned to perform in the future. Although Taitron Components investors may analyze each financial statement separately, they are all interrelated. The changes in Taitron Components' assets and liabilities, for example, are also reflected in the revenues and expenses on on Taitron Components' 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 0.10  0.11 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Taitron Stock Analysis

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