Thunder Return On Tangible Assets from 2010 to 2024

THCPW Stock  USD 1.55  0.13  7.74%   
Thunder Bridge 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
0.1098172
Current Value
0.12
Quarterly Volatility
0.03941755
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Thunder Bridge financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thunder Bridge's main balance sheet or income statement drivers, such as Tax Provision of 1.6 M, Net Interest Income of 4.1 M or Interest Income of 4.1 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 9.46. Thunder financial statements analysis is a perfect complement when working with Thunder Bridge Valuation or Volatility modules.
  
Check out the analysis of Thunder Bridge Correlation against competitors.

Latest Thunder Bridge's Return On Tangible Assets Growth Pattern

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

Thunder Return On Tangible Assets Regression Statistics

Arithmetic Mean0.02
Geometric Mean0
Coefficient Of Variation215.41
Mean Deviation0.03
Median0
Standard Deviation0.04
Sample Variance0
Range0.1176
R-Value0.62
Mean Square Error0
R-Squared0.39
Significance0.01
Slope0.01
Total Sum of Squares0.02

Thunder Return On Tangible Assets History

2024 0.12
2023 0.11
2022 0.0157

About Thunder Bridge Financial Statements

Thunder Bridge investors use historical fundamental indicators, such as Thunder Bridge'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 Thunder Bridge. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.11  0.12 

Also Currently Popular

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.

Additional Tools for Thunder Stock Analysis

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