Zoomcar Return On Tangible Assets from 2010 to 2024

ZCARW Stock   0.01  0.01  27.78%   
Zoomcar Holdings Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to -3.93 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
(3.74)
Current Value
(3.93)
Quarterly Volatility
1.35236192
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Zoomcar Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zoomcar Holdings' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 84.7 K or Depreciation And Amortization of 978.5 K, as well as many indicators such as Price To Sales Ratio of 0.93, Dividend Yield of 0.0 or Days Sales Outstanding of 58.7. Zoomcar financial statements analysis is a perfect complement when working with Zoomcar Holdings Valuation or Volatility modules.
  
Check out the analysis of Zoomcar Holdings Correlation against competitors.
For more information on how to buy Zoomcar Stock please use our How to Invest in Zoomcar Holdings guide.

Latest Zoomcar Holdings' Return On Tangible Assets Growth Pattern

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

Zoomcar Return On Tangible Assets Regression Statistics

Arithmetic Mean(1.21)
Coefficient Of Variation(112.05)
Mean Deviation1.04
Median(0.54)
Standard Deviation1.35
Sample Variance1.83
Range3.3923
R-Value(0.71)
Mean Square Error0.98
R-Squared0.50
Significance0
Slope(0.21)
Total Sum of Squares25.60

Zoomcar Return On Tangible Assets History

2024 -3.93
2023 -3.74
2022 -3.78
2021 -0.74

About Zoomcar Holdings Financial Statements

Zoomcar Holdings investors use historical fundamental indicators, such as Zoomcar Holdings' 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 Zoomcar Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(3.74)(3.93)

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Additional Tools for Zoomcar Stock Analysis

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