Wheaton Return On Tangible Assets from 2010 to 2024
| WPM Stock | USD 55.59 1.93 3.60% |
Return On Tangible Assets | First Reported 2010-12-31 | Previous Quarter 0.07686464 | Current Value 0.0446 | Quarterly Volatility 0.07080711 |
Check Wheaton Precious financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wheaton Precious' main balance sheet or income statement drivers, such as Depreciation And Amortization of 131.5 M, Total Revenue of 532.3 M or Gross Profit of 611.6 M, as well as many indicators such as Price To Sales Ratio of 10.88, Dividend Yield of 0.0096 or PTB Ratio of 5.16. Wheaton financial statements analysis is a perfect complement when working with Wheaton Precious Valuation or Volatility modules.
Wheaton | Return On Tangible Assets |
Latest Wheaton Precious' Return On Tangible Assets Growth Pattern
Below is the plot of the Return On Tangible Assets of Wheaton Precious Metals over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Wheaton Precious' Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wheaton Precious' 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 |
Wheaton Return On Tangible Assets Regression Statistics
| Arithmetic Mean | 0.07 | |
| Coefficient Of Variation | 97.54 | |
| Mean Deviation | 0.05 | |
| Median | 0.07 | |
| Standard Deviation | 0.07 | |
| Sample Variance | 0.01 | |
| Range | 0.2743 | |
| R-Value | (0.19) | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.03 | |
| Significance | 0.51 | |
| Slope | (0) | |
| Total Sum of Squares | 0.07 |
Wheaton Return On Tangible Assets History
About Wheaton Precious Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Wheaton Precious income statement, its balance sheet, and the statement of cash flows. Wheaton Precious investors use historical funamental indicators, such as Wheaton Precious's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Wheaton Precious investors may use each financial statement separately, they are all related. The changes in Wheaton Precious's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Wheaton Precious'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 Wheaton Precious Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Wheaton Precious. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.04 |
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Additional Information and Resources on Investing in Wheaton Stock
When determining whether Wheaton Precious Metals is a strong investment it is important to analyze Wheaton Precious' 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 Wheaton Precious' future performance. For an informed investment choice regarding Wheaton Stock, refer to the following important reports:Check out the analysis of Wheaton Precious Correlation against competitors. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Metals & Mining space 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 Wheaton Precious. If investors know Wheaton 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 Wheaton Precious 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 0.472 | Dividend Share 0.605 | Earnings Share 1.3 | Revenue Per Share 2.425 | Quarterly Revenue Growth 0.384 |
The market value of Wheaton Precious Metals is measured differently than its book value, which is the value of Wheaton that is recorded on the company's balance sheet. Investors also form their own opinion of Wheaton Precious' value that differs from its market value or its book value, called intrinsic value, which is Wheaton Precious' 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 Wheaton Precious' market value can be influenced by many factors that don't directly affect Wheaton Precious' 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 Wheaton Precious' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wheaton Precious is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wheaton Precious' 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.