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MEDIFAST INC Return on Average Assets Trend from 2010 to 2020

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MED -- USA Stock  

Earning Report: February 26, 2020  

MEDIFAST INC Return on Average Assets are increasing over the years with slightly volatile fluctuation. Return on Average Assets are expected to dwindle to 0.32. During the period from 2010 to 2020 MEDIFAST INC Return on Average Assets anual values regression line had geometric mean of 0.20 and mean square error of  0.004718. MEDIFAST INC Earning Before Interest and Taxes EBIT is expected to significantly increase based on the last few years of reporting. The last year's Earning Before Interest and Taxes EBIT was at 81.13 Million. The current year Net Income is expected to grow to about 73.7 M, whereas Cost of Revenue is expected to decline to about 117.4 M. Check MEDIFAST INC fundamental indicators over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 91.4 M, Consolidated Income of 69.2 M or Cost of Revenue of 117.4 M, as well as many exotic indicators such as Interest Coverage of 30.12, Long Term Debt to Equity of 0.0035 or Calculated Tax Rate of 31.34. This can be a perfect complement to check MEDIFAST INC Valuation or Volatility. It can also complement various MEDIFAST INC Technical models. Additionally see the analysis of MEDIFAST INC Correlation with competitors.

MEDIFAST INC Return on Average Assets Marginal Breakdown

Showing smoothed Return on Average Assets of MEDIFAST INC with missing and latest data points interpolated. Return on assets measures how profitable a company is [NetIncCmn] relative to its total assets [AssetsAvg].
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0.0032 

          10 Years Trend
Increasing
Slightly volatile
 Return on Average Assets 
    
  Timeline 

MEDIFAST INC Regression Statistics

Arithmetic Mean 0.21
Geometric Mean 0.20
Coefficient Of Variation 43.87
Mean Deviation 0.07
Median 0.18
Standard Deviation 0.09
Sample Variance 0.008797
Range 0.29
R-Value 0.72
Mean Square Error 0.004718
R-Squared 0.52
Significance 0.012604
Slope 0.02034
Total Sum of Squares 0.09

MEDIFAST INC Return on Average Assets Over Time

2018  0.34 
2019  0.39 
2020  0.32