Tenable Return On Assets from 2010 to 2024

TENB Stock  USD 42.44  0.59  1.41%   
Tenable Holdings' Return On Assets are increasing over the years with slightly volatile fluctuation. Return On Assets are expected to dwindle to -0.05. Return On Assets is a profitability ratio that indicates the percentage of profit Tenable Holdings 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
(0.05)
Current Value
(0.05)
Quarterly Volatility
0.13889852
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tenable Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tenable Holdings' main balance sheet or income statement drivers, such as Tax Provision of 11.8 M, Interest Expense of 32.9 M or Selling General Administrative of 76.2 M, as well as many indicators such as Price To Sales Ratio of 10.8, Dividend Yield of 0.0 or PTB Ratio of 11.2. Tenable financial statements analysis is a perfect complement when working with Tenable Holdings Valuation or Volatility modules.
  
Check out the analysis of Tenable Holdings Correlation against competitors.
For information on how to trade Tenable Stock refer to our How to Trade Tenable Stock guide.

Latest Tenable Holdings' Return On Assets Growth Pattern

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

Tenable Return On Assets Regression Statistics

Arithmetic Mean(0.22)
Coefficient Of Variation(62.78)
Mean Deviation0.13
Median(0.25)
Standard Deviation0.14
Sample Variance0.02
Range0.3153
R-Value0.93
Mean Square Error0
R-Squared0.86
Slope0.03
Total Sum of Squares0.27

Tenable Return On Assets History

2024 -0.0512
2023 -0.0487
2022 -0.0641
2021 -0.0374
2020 -0.0619
2019 -0.18
2018 -0.16

About Tenable Holdings Financial Statements

Tenable Holdings stakeholders use historical fundamental indicators, such as Tenable Holdings' Return On Assets, to determine how well the company is positioned to perform in the future. Although Tenable Holdings investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tenable Holdings' assets and liabilities are reflected in the revenues and expenses on Tenable Holdings' 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 Tenable Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets(0.05)(0.05)

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Tenable Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tenable Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tenable Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tenable Holdings Stock:
Check out the analysis of Tenable Holdings Correlation against competitors.
For information on how to trade Tenable Stock refer to our How to Trade Tenable Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Systems Software 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 Tenable Holdings. If investors know Tenable 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 Tenable Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.51)
Revenue Per Share
7.435
Quarterly Revenue Growth
0.127
Return On Assets
(0.01)
Return On Equity
(0.16)
The market value of Tenable Holdings is measured differently than its book value, which is the value of Tenable that is recorded on the company's balance sheet. Investors also form their own opinion of Tenable Holdings' value that differs from its market value or its book value, called intrinsic value, which is Tenable Holdings' 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 Tenable Holdings' market value can be influenced by many factors that don't directly affect Tenable Holdings' 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 Tenable Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenable Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenable Holdings' 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.