Surf Return On Tangible Assets from 2010 to 2024
| SRFM Stock | 0.34 0.03 8.11% |
Return On Tangible Assets | First Reported 2010-12-31 | Previous Quarter (3.04) | Current Value (3.19) | Quarterly Volatility 1.95427757 |
Check Surf Air financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Surf main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.4 M, Interest Expense of 2.7 M or Selling General Administrative of 62.3 M, as well as many exotic indicators such as Price To Sales Ratio of 1.85, Dividend Yield of 0.0 or Days Sales Outstanding of 31.45. Surf financial statements analysis is a perfect complement when working with Surf Air Valuation or Volatility modules.
Surf | Return On Tangible Assets |
Latest Surf Air's Return On Tangible Assets Growth Pattern
Below is the plot of the Return On Tangible Assets of Surf Air Mobility over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Surf Air's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Surf Air'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 |
Surf Return On Tangible Assets Regression Statistics
| Arithmetic Mean | (3.34) | |
| Coefficient Of Variation | (58.59) | |
| Mean Deviation | 1.22 | |
| Median | (2.54) | |
| Standard Deviation | 1.95 | |
| Sample Variance | 3.82 | |
| Range | 6.8945 | |
| R-Value | (0.47) | |
| Mean Square Error | 3.21 | |
| R-Squared | 0.22 | |
| Significance | 0.08 | |
| Slope | (0.20) | |
| Total Sum of Squares | 53.47 |
Surf Return On Tangible Assets History
About Surf Air Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Surf Air income statement, its balance sheet, and the statement of cash flows. Surf Air investors use historical funamental indicators, such as Surf Air's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Surf Air investors may use each financial statement separately, they are all related. The changes in Surf Air's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Surf Air'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 Surf Air Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Surf Air. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (3.04) | (3.19) |
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Check out the analysis of Surf Air Correlation against competitors. Note that the Surf Air Mobility information on this page should be used as a complementary analysis to other Surf Air's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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When running Surf Air's price analysis, check to measure Surf Air'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 Surf Air is operating at the current time. Most of Surf Air's value examination focuses on studying past and present price action to predict the probability of Surf Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surf Air's price. Additionally, you may evaluate how the addition of Surf Air to your portfolios can decrease your overall portfolio volatility.
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Is Surf Air'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 Surf Air. If investors know Surf 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 Surf Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.26) | Revenue Per Share 1.549 | Quarterly Revenue Growth 4.561 | Return On Assets (1.63) |
The market value of Surf Air Mobility is measured differently than its book value, which is the value of Surf that is recorded on the company's balance sheet. Investors also form their own opinion of Surf Air's value that differs from its market value or its book value, called intrinsic value, which is Surf Air'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 Surf Air's market value can be influenced by many factors that don't directly affect Surf Air'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 Surf Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Surf Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Surf Air'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.