Houston Return On Tangible Assets from 2010 to 2024
| HUSA Stock | USD 1.38 0.12 9.52% |
Return On Tangible Assets | First Reported 2010-12-31 | Previous Quarter (0.31) | Current Value (0.32) | Quarterly Volatility 1.35665018 |
Check Houston American financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Houston American's main balance sheet or income statement drivers, such as Depreciation And Amortization of 225.5 K, Interest Expense of 46.6 K or Total Revenue of 754.3 K, as well as many indicators such as Price To Sales Ratio of 23.09, Dividend Yield of 0.0023 or PTB Ratio of 1.83. Houston financial statements analysis is a perfect complement when working with Houston American Valuation or Volatility modules.
Houston | Return On Tangible Assets |
Latest Houston American's Return On Tangible Assets Growth Pattern
Below is the plot of the Return On Tangible Assets of Houston American Energy over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Houston American's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Houston American's overall financial position and show how it may be relating to other accounts over time.
| Return On Tangible Assets | 10 Years Trend |
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Return On Tangible Assets |
| Timeline |
Houston Return On Tangible Assets Regression Statistics
| Arithmetic Mean | (0.81) | |
| Coefficient Of Variation | (168.37) | |
| Mean Deviation | 0.84 | |
| Median | (0.31) | |
| Standard Deviation | 1.36 | |
| Sample Variance | 1.84 | |
| Range | 5.003 | |
| R-Value | 0.55 | |
| Mean Square Error | 1.39 | |
| R-Squared | 0.30 | |
| Significance | 0.04 | |
| Slope | 0.17 | |
| Total Sum of Squares | 25.77 |
Houston Return On Tangible Assets History
About Houston American Financial Statements
Houston American stakeholders use historical fundamental indicators, such as Houston American's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Houston American investors may analyze each financial statement separately, they are all interrelated. For example, changes in Houston American's assets and liabilities are reflected in the revenues and expenses on Houston American'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 Houston American Energy. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.31) | (0.32) |
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Check out the analysis of Houston American Correlation against competitors. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Oil & Gas Exploration & Production 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 Houston American. If investors know Houston 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 Houston American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.29) | Revenue Per Share 0.057 | Quarterly Revenue Growth (0.43) | Return On Assets (0.08) | Return On Equity (0.27) |
The market value of Houston American Energy is measured differently than its book value, which is the value of Houston that is recorded on the company's balance sheet. Investors also form their own opinion of Houston American's value that differs from its market value or its book value, called intrinsic value, which is Houston American'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 Houston American's market value can be influenced by many factors that don't directly affect Houston American'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 Houston American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Houston American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Houston American'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.