Tile Return On Tangible Assets from 2010 to 2024

TTSH Stock  USD 6.58  0.03  0.45%   
Tile Shop's Return On Tangible Assets are increasing with slightly volatile movements from year to year. Return On Tangible Assets are estimated to finish at 0.03 this year. 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
0.03180262
Current Value
0.0334
Quarterly Volatility
0.0897764
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tile Shop financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tile Shop's main balance sheet or income statement drivers, such as Interest Expense of 2 M, Selling General Administrative of 192.4 M or Other Operating Expenses of 277.9 M, as well as many indicators such as Price To Sales Ratio of 0.81, Dividend Yield of 0.044 or PTB Ratio of 2.54. Tile financial statements analysis is a perfect complement when working with Tile Shop Valuation or Volatility modules.
  
Check out the analysis of Tile Shop Correlation against competitors.

Latest Tile Shop's Return On Tangible Assets Growth Pattern

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

Tile Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.0006)
Coefficient Of Variation(16,191)
Mean Deviation0.06
Median0.03
Standard Deviation0.09
Sample Variance0.01
Range0.3358
R-Value0.45
Mean Square Error0.01
R-Squared0.20
Significance0.09
Slope0.01
Total Sum of Squares0.11

Tile Return On Tangible Assets History

2024 0.0334
2023 0.0318
2022 0.0454
2021 0.0434
2020 0.0176
2019 -0.0112
2018 0.0351

About Tile Shop Financial Statements

Investors use fundamental indicators, such as Tile Shop's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Tile Shop's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.03  0.03 

Currently Active Assets on Macroaxis

When determining whether Tile Shop Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tile Shop's 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 Tile Shop Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tile Shop Holdings Stock:
Check out the analysis of Tile Shop Correlation against competitors.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Home Improvement Retail 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 Tile Shop. If investors know Tile 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 Tile Shop listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.98)
Earnings Share
0.12
Revenue Per Share
8.066
Quarterly Revenue Growth
(0.08)
Return On Assets
0.014
The market value of Tile Shop Holdings is measured differently than its book value, which is the value of Tile that is recorded on the company's balance sheet. Investors also form their own opinion of Tile Shop's value that differs from its market value or its book value, called intrinsic value, which is Tile Shop's 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 Tile Shop's market value can be influenced by many factors that don't directly affect Tile Shop's 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 Tile Shop's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tile Shop is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tile Shop's 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.