Star Return On Tangible Assets from 2010 to 2024

SBLK Stock  USD 21.59  0.25  1.14%   
Star Bulk Return On Tangible Assets yearly trend continues to be quite stable with very little volatility. Return On Tangible Assets may rise above 0.06 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
0.05731221
Current Value
0.0602
Quarterly Volatility
0.25841128
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Star Bulk financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Star Bulk's main balance sheet or income statement drivers, such as Interest Expense of 97.8 M, Other Operating Expenses of 791.8 M or Operating Income of 205 M, as well as many indicators such as Price To Sales Ratio of 2.09, Dividend Yield of 0.0717 or PTB Ratio of 1.32. Star financial statements analysis is a perfect complement when working with Star Bulk Valuation or Volatility modules.
  
Check out the analysis of Star Bulk Correlation against competitors.

Latest Star Bulk's Return On Tangible Assets Growth Pattern

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

Star Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.06)
Coefficient Of Variation(465.36)
Mean Deviation0.14
Median0.0006
Standard Deviation0.26
Sample Variance0.07
Range1.1053
R-Value0.50
Mean Square Error0.05
R-Squared0.25
Significance0.06
Slope0.03
Total Sum of Squares0.93

Star Return On Tangible Assets History

2024 0.0602
2023 0.0573
2022 0.16
2021 0.18
2020 0.003027
2019 -0.005019
2018 0.0193

About Star Bulk Financial Statements

Star Bulk investors utilize fundamental indicators, such as Return On Tangible Assets, to predict how Star Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.06  0.06 

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Additional Information and Resources on Investing in Star Stock

When determining whether Star Bulk Carriers is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Star Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Star Bulk Carriers Stock. Highlighted below are key reports to facilitate an investment decision about Star Bulk Carriers Stock:
Check out the analysis of Star Bulk Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Marine Transportation 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 Star Bulk. If investors know Star 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 Star Bulk 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
1.163
Dividend Share
2.12
Earnings Share
2.7
Revenue Per Share
11.52
Quarterly Revenue Growth
0.478
The market value of Star Bulk Carriers is measured differently than its book value, which is the value of Star that is recorded on the company's balance sheet. Investors also form their own opinion of Star Bulk's value that differs from its market value or its book value, called intrinsic value, which is Star Bulk'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 Star Bulk's market value can be influenced by many factors that don't directly affect Star Bulk'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 Star Bulk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Star Bulk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Star Bulk'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.