Avista Return On Tangible Assets from 2010 to 2024

AVA Stock  USD 36.19  0.33  0.92%   
Avista's Return On Tangible Assets are decreasing over the years with slightly volatile fluctuation. Overall, Return On Tangible Assets are expected to go to 0.02 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
0.02237632
Current Value
0.0245
Quarterly Volatility
0.00661486
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Avista financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avista's main balance sheet or income statement drivers, such as Interest Expense of 146.6 M, Total Revenue of 1.9 B or Gross Profit of 764 M, as well as many indicators such as Price To Sales Ratio of 0.93, Dividend Yield of 0.0474 or PTB Ratio of 0.98. Avista financial statements analysis is a perfect complement when working with Avista Valuation or Volatility modules.
  
Check out the analysis of Avista Correlation against competitors.
For information on how to trade Avista Stock refer to our How to Trade Avista Stock guide.

Latest Avista's Return On Tangible Assets Growth Pattern

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

Avista Return On Tangible Assets Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.03
Coefficient Of Variation25.54
Mean Deviation0
Median0.02
Standard Deviation0.01
Sample Variance0.000044
Range0.0226
R-Value(0.41)
Mean Square Error0.000039
R-Squared0.17
Significance0.13
Slope(0.0006)
Total Sum of Squares0.0006

Avista Return On Tangible Assets History

2023 0.0224
2022 0.0211
2021 0.0217
2020 0.0204
2019 0.0327
2018 0.0238
2017 0.0212

About Avista Financial Statements

Avista stakeholders use historical fundamental indicators, such as Avista's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Avista investors may analyze each financial statement separately, they are all interrelated. For example, changes in Avista's assets and liabilities are reflected in the revenues and expenses on Avista's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Avista. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.02 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Avista offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Avista'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 Avista Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Avista Stock:
Check out the analysis of Avista Correlation against competitors.
For information on how to trade Avista Stock refer to our How to Trade Avista Stock guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Multi-Utilities 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 Avista. If investors know Avista 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 Avista 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
0.211
Dividend Share
1.885
Earnings Share
2.53
Revenue Per Share
24.563
Quarterly Revenue Growth
0.037
The market value of Avista is measured differently than its book value, which is the value of Avista that is recorded on the company's balance sheet. Investors also form their own opinion of Avista's value that differs from its market value or its book value, called intrinsic value, which is Avista'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 Avista's market value can be influenced by many factors that don't directly affect Avista'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 Avista's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avista is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avista'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.