Austin Return On Tangible Assets from 2010 to 2024

AUST Stock  USD 1.68  0.10  5.62%   
Austin Gold Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets will likely drop to -0.46 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
(0.44)
Current Value
(0.46)
Quarterly Volatility
0.17182895
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Austin Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Austin Gold's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.1 M, Interest Expense of 147.8 K or Selling General Administrative of 1.4 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.82. Austin financial statements analysis is a perfect complement when working with Austin Gold Valuation or Volatility modules.
  
Check out the analysis of Austin Gold Correlation against competitors.

Latest Austin Gold's Return On Tangible Assets Growth Pattern

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

Austin Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.51)
Coefficient Of Variation(33.72)
Mean Deviation0.12
Median(0.59)
Standard Deviation0.17
Sample Variance0.03
Range0.5645
R-Value0.58
Mean Square Error0.02
R-Squared0.34
Significance0.02
Slope0.02
Total Sum of Squares0.41

Austin Return On Tangible Assets History

2024 -0.46
2023 -0.44
2022 -0.0282
2021 -0.2

About Austin Gold Financial Statements

Austin Gold shareholders use historical fundamental indicators, such as Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Austin Gold investors may analyze each financial statement separately, they are all interrelated. The changes in Austin Gold's assets and liabilities, for example, are also reflected in the revenues and expenses on on Austin Gold'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 Tangible Assets(0.44)(0.46)

Thematic Opportunities

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Additional Tools for Austin Stock Analysis

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