Flexsteel Return On Tangible Assets from 2010 to 2024

FLXS Stock  USD 60.24  0.25  0.42%   
Flexsteel Industries 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
0.03835868
Current Value
0.0565
Quarterly Volatility
0.06930602
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Flexsteel Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Flexsteel Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.3 M, Interest Expense of 1.5 M or Total Revenue of 354.1 M, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0365 or PTB Ratio of 1.24. Flexsteel financial statements analysis is a perfect complement when working with Flexsteel Industries Valuation or Volatility modules.
  
Check out the analysis of Flexsteel Industries Correlation against competitors.
For more information on how to buy Flexsteel Stock please use our How to Invest in Flexsteel Industries guide.

Latest Flexsteel Industries' Return On Tangible Assets Growth Pattern

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

Flexsteel Return On Tangible Assets Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.06
Coefficient Of Variation170.00
Mean Deviation0.05
Median0.07
Standard Deviation0.07
Sample Variance0
Range0.2264
R-Value(0.31)
Mean Square Error0
R-Squared0.09
Significance0.27
Slope(0)
Total Sum of Squares0.07

Flexsteel Return On Tangible Assets History

2024 0.0565
2023 0.0384
2022 0.0509
2021 0.006895
2020 0.0777
2019 -0.11
2018 -0.13

About Flexsteel Industries Financial Statements

Flexsteel Industries 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 Flexsteel Industries investors may analyze each financial statement separately, they are all interrelated. The changes in Flexsteel Industries' assets and liabilities, for example, are also reflected in the revenues and expenses on on Flexsteel Industries' 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 0.04  0.06 

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Additional Tools for Flexsteel Stock Analysis

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