Sight Return On Tangible Assets from 2010 to 2024

SGHT Stock  USD 3.80  0.06  1.55%   
Sight Sciences Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets will likely drop to -0.35 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
(0.33)
Current Value
(0.35)
Quarterly Volatility
0.68500879
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sight Sciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sight Sciences' main balance sheet or income statement drivers, such as Tax Provision of 74.8 K, Interest Income of 0.0 or Depreciation And Amortization of 858.2 K, as well as many indicators such as Price To Sales Ratio of 2.94, Dividend Yield of 0.0 or PTB Ratio of 2.19. Sight financial statements analysis is a perfect complement when working with Sight Sciences Valuation or Volatility modules.
  
Check out the analysis of Sight Sciences Correlation against competitors.
For more information on how to buy Sight Stock please use our How to Invest in Sight Sciences guide.

Latest Sight Sciences' Return On Tangible Assets Growth Pattern

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

Sight Return On Tangible Assets Regression Statistics

Arithmetic Mean(1.23)
Coefficient Of Variation(55.48)
Mean Deviation0.64
Median(1.77)
Standard Deviation0.69
Sample Variance0.47
Range1.5408
R-Value0.87
Mean Square Error0.13
R-Squared0.75
Significance0.000029
Slope0.13
Total Sum of Squares6.57

Sight Return On Tangible Assets History

2024 -0.35
2023 -0.33
2022 -0.4
2021 -0.22
2020 -0.48
2019 -0.84

About Sight Sciences Financial Statements

Sight Sciences 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 Sight Sciences investors may analyze each financial statement separately, they are all interrelated. The changes in Sight Sciences' assets and liabilities, for example, are also reflected in the revenues and expenses on on Sight Sciences' 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(0.33)(0.35)

Thematic Opportunities

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Additional Tools for Sight Stock Analysis

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