Hagerty Return On Tangible Assets from 2010 to 2024
HGTY Stock | USD 8.97 0.02 0.22% |
Return On Tangible Assets | First Reported 2010-12-31 | Previous Quarter 0.0117498 | Current Value 0.0123 | Quarterly Volatility 0.01949338 |
Check Hagerty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hagerty main balance sheet or income statement drivers, such as Tax Provision of 7.5 M, Depreciation And Amortization of 23.9 M or Interest Expense of 24 M, as well as many exotic indicators such as Price To Sales Ratio of 0.62, Dividend Yield of 0.0047 or PTB Ratio of 5.72. Hagerty financial statements analysis is a perfect complement when working with Hagerty Valuation or Volatility modules.
Hagerty | Return On Tangible Assets |
Latest Hagerty's Return On Tangible Assets Growth Pattern
Below is the plot of the Return On Tangible Assets of Hagerty over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Hagerty's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hagerty'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 |
Hagerty Return On Tangible Assets Regression Statistics
Arithmetic Mean | 0.01 | |
Coefficient Of Variation | 359.74 | |
Mean Deviation | 0.01 | |
Median | 0.01 | |
Standard Deviation | 0.02 | |
Sample Variance | 0.0004 | |
Range | 0.0825 | |
R-Value | (0.23) | |
Mean Square Error | 0.0004 | |
R-Squared | 0.05 | |
Significance | 0.42 | |
Slope | (0.001) | |
Total Sum of Squares | 0.01 |
Hagerty Return On Tangible Assets History
About Hagerty Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Hagerty income statement, its balance sheet, and the statement of cash flows. Hagerty investors use historical funamental indicators, such as Hagerty's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Hagerty investors may use each financial statement separately, they are all related. The changes in Hagerty's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hagerty's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Hagerty Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Hagerty. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.01 | 0.01 |
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Check out the analysis of Hagerty Correlation against competitors. For more information on how to buy Hagerty Stock please use our How to Invest in Hagerty guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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Is Hagerty's industry 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 Hagerty. If investors know Hagerty 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 Hagerty 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 (0.47) | Earnings Share 0.08 | Revenue Per Share 12.463 | Quarterly Revenue Growth 0.244 | Return On Assets 0.0202 |
The market value of Hagerty is measured differently than its book value, which is the value of Hagerty that is recorded on the company's balance sheet. Investors also form their own opinion of Hagerty's value that differs from its market value or its book value, called intrinsic value, which is Hagerty'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 Hagerty's market value can be influenced by many factors that don't directly affect Hagerty'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 Hagerty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hagerty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hagerty'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.