Transcat Return On Assets from 2010 to 2024

TRNS Stock  USD 109.02  2.23  2.09%   
Transcat 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 Transcat 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
0.04745924
Current Value
0.06116379
Quarterly Volatility
0.02973774
 
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Yuan Drop
 
Covid
Check Transcat financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Transcat's main balance sheet or income statement drivers, such as Interest Expense of 1.9 M, Total Revenue of 272.5 M or Gross Profit of 88 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0 or PTB Ratio of 2.17. Transcat financial statements analysis is a perfect complement when working with Transcat Valuation or Volatility modules.
  
Check out the analysis of Transcat Correlation against competitors.
For more information on how to buy Transcat Stock please use our How to Invest in Transcat guide.

Latest Transcat's Return On Assets Growth Pattern

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

Transcat Return On Assets Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.06
Coefficient Of Variation49.71
Mean Deviation0.01
Median0.05
Standard Deviation0.03
Sample Variance0.0009
Range0.119
R-Value(0.36)
Mean Square Error0.0008
R-Squared0.13
Significance0.19
Slope(0)
Total Sum of Squares0.01

Transcat Return On Assets History

2024 0.0612
2023 0.0475
2017 0.0546
2011 0.0491
2010 0.17

About Transcat Financial Statements

Transcat shareholders use historical fundamental indicators, such as Return On Assets, to determine how well the company is positioned to perform in the future. Although Transcat investors may analyze each financial statement separately, they are all interrelated. The changes in Transcat's assets and liabilities, for example, are also reflected in the revenues and expenses on on Transcat's 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 0.05  0.06 

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Additional Tools for Transcat Stock Analysis

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