ChoiceOne Return On Tangible Assets from 2010 to 2024

COFS Stock  USD 35.90  0.40  1.13%   
ChoiceOne Financial Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets are likely to outpace its year average 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
0.00838356
Current Value
0.009679
Quarterly Volatility
0.00160363
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ChoiceOne Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ChoiceOne Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2 M, Interest Expense of 1.7 M or Selling General Administrative of 34.8 M, as well as many indicators such as Price To Sales Ratio of 1.84, Dividend Yield of 0.0281 or PTB Ratio of 1.35. ChoiceOne financial statements analysis is a perfect complement when working with ChoiceOne Financial Valuation or Volatility modules.
  
Check out the analysis of ChoiceOne Financial Correlation against competitors.

Latest ChoiceOne Financial's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of ChoiceOne Financial Services over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. ChoiceOne Financial's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ChoiceOne Financial's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Pretty Stable
   Return On Tangible Assets   
       Timeline  

ChoiceOne Return On Tangible Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation16.98
Mean Deviation0
Median0.01
Standard Deviation0
Sample Variance0.00000257
Range0.0063
R-Value(0.18)
Mean Square Error0.00000268
R-Squared0.03
Significance0.51
Slope(0.000065)
Total Sum of Squares0.000036

ChoiceOne Return On Tangible Assets History

2024 0.009679
2023 0.008384
2021 0.009572
2020 0.008421
2019 0.005405
2018 0.0112
2017 0.009747

About ChoiceOne Financial Financial Statements

ChoiceOne Financial 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 ChoiceOne Financial investors may analyze each financial statement separately, they are all interrelated. The changes in ChoiceOne Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on ChoiceOne Financial'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 0.01  0.01 

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Additional Tools for ChoiceOne Stock Analysis

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