Varex Return On Tangible Assets from 2010 to 2024

VREX Stock  USD 13.70  0.04  0.29%   
Varex Imaging Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to 0.03 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
0.03497634
Current Value
0.0332
Quarterly Volatility
0.01070532
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Varex Imaging financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Varex Imaging's main balance sheet or income statement drivers, such as Depreciation And Amortization of 30 M, Interest Expense of 20.2 M or Total Revenue of 816.9 M, as well as many indicators such as Price To Sales Ratio of 1.51, Dividend Yield of 0.22 or PTB Ratio of 2.41. Varex financial statements analysis is a perfect complement when working with Varex Imaging Valuation or Volatility modules.
  
Check out the analysis of Varex Imaging Correlation against competitors.

Latest Varex Imaging's Return On Tangible Assets Growth Pattern

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

Varex Return On Tangible Assets Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.03
Coefficient Of Variation39.29
Mean Deviation0.01
Median0.02
Standard Deviation0.01
Sample Variance0.0001
Range0.0297
R-Value0.64
Mean Square Error0.000073
R-Squared0.41
Significance0.01
Slope0
Total Sum of Squares0

Varex Return On Tangible Assets History

2024 0.0332
2023 0.035
2021 0.0513

About Varex Imaging Financial Statements

Varex Imaging investors use historical fundamental indicators, such as Varex Imaging's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Varex Imaging. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.03  0.03 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Varex Stock Analysis

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