TechPrecision Return On Assets from 2010 to 2024
| TPCS Stock | USD 3.90 0.07 1.76% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter (0.03) | Current Value (0.03) | Quarterly Volatility 0.1680138 |
Check TechPrecision Common financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TechPrecision main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.7 M, Interest Expense of 304 K or Total Revenue of 19.2 M, as well as many exotic indicators such as Price To Sales Ratio of 1.83, Dividend Yield of 0.025 or PTB Ratio of 4.55. TechPrecision financial statements analysis is a perfect complement when working with TechPrecision Common Valuation or Volatility modules.
TechPrecision | Return On Assets |
Latest TechPrecision Common's Return On Assets Growth Pattern
Below is the plot of the Return On Assets of TechPrecision Common over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. TechPrecision Common's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TechPrecision Common's overall financial position and show how it may be relating to other accounts over time.
| Return On Assets | 10 Years Trend |
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Return On Assets |
| Timeline |
TechPrecision Return On Assets Regression Statistics
| Arithmetic Mean | (0.04) | |
| Coefficient Of Variation | (416.66) | |
| Mean Deviation | 0.10 | |
| Median | (0.03) | |
| Standard Deviation | 0.17 | |
| Sample Variance | 0.03 | |
| Range | 0.7355 | |
| R-Value | 0.29 | |
| Mean Square Error | 0.03 | |
| R-Squared | 0.08 | |
| Significance | 0.30 | |
| Slope | 0.01 | |
| Total Sum of Squares | 0.40 |
TechPrecision Return On Assets History
About TechPrecision Common Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include TechPrecision Common income statement, its balance sheet, and the statement of cash flows. TechPrecision Common investors use historical funamental indicators, such as TechPrecision Common's Return On Assets, to determine how well the company is positioned to perform in the future. Although TechPrecision Common investors may use each financial statement separately, they are all related. The changes in TechPrecision Common's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on TechPrecision Common'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 TechPrecision Common Financial Statements. Understanding these patterns can help to make the right decision on long term investment in TechPrecision Common. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Assets | (0.03) | (0.03) |
Currently Active Assets on Macroaxis
When determining whether TechPrecision Common is a strong investment it is important to analyze TechPrecision Common's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TechPrecision Common's future performance. For an informed investment choice regarding TechPrecision Stock, refer to the following important reports:Check out the analysis of TechPrecision Common Correlation against competitors. For more information on how to buy TechPrecision Stock please use our How to Invest in TechPrecision Common guide.Note that the TechPrecision Common information on this page should be used as a complementary analysis to other TechPrecision Common'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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for TechPrecision Stock analysis
When running TechPrecision Common's price analysis, check to measure TechPrecision Common'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 TechPrecision Common is operating at the current time. Most of TechPrecision Common's value examination focuses on studying past and present price action to predict the probability of TechPrecision Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TechPrecision Common's price. Additionally, you may evaluate how the addition of TechPrecision Common to your portfolios can decrease your overall portfolio volatility.
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Is TechPrecision Common'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 TechPrecision Common. If investors know TechPrecision 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 TechPrecision Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.34) | Revenue Per Share 3.515 | Quarterly Revenue Growth (0.08) | Return On Assets (0.05) | Return On Equity (0.21) |
The market value of TechPrecision Common is measured differently than its book value, which is the value of TechPrecision that is recorded on the company's balance sheet. Investors also form their own opinion of TechPrecision Common's value that differs from its market value or its book value, called intrinsic value, which is TechPrecision Common'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 TechPrecision Common's market value can be influenced by many factors that don't directly affect TechPrecision Common'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 TechPrecision Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if TechPrecision Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TechPrecision Common'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.