Kimball Return On Tangible Assets from 2010 to 2024

KE Stock  USD 20.75  0.02  0.1%   
Kimball Electronics' Return On Tangible Assets are decreasing over the years with slightly volatile fluctuation. Return On Tangible Assets are expected to dwindle to 0.02. 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
0.01711055
Current Value
0.0163
Quarterly Volatility
0.01934921
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Kimball Electronics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kimball Electronics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 23 M, Interest Expense of 24 M or Selling General Administrative of 46.5 M, as well as many indicators such as Price To Sales Ratio of 0.3, Dividend Yield of 0.0 or PTB Ratio of 0.9. Kimball financial statements analysis is a perfect complement when working with Kimball Electronics Valuation or Volatility modules.
  
Check out the analysis of Kimball Electronics Correlation against competitors.
For information on how to trade Kimball Stock refer to our How to Trade Kimball Stock guide.

Latest Kimball Electronics' Return On Tangible Assets Growth Pattern

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

Kimball Return On Tangible Assets Regression Statistics

Arithmetic Mean0.05
Geometric Mean0.04
Coefficient Of Variation41.55
Mean Deviation0.02
Median0.05
Standard Deviation0.02
Sample Variance0.0004
Range0.056
R-Value(0.72)
Mean Square Error0.0002
R-Squared0.52
Significance0
Slope(0)
Total Sum of Squares0.01

Kimball Return On Tangible Assets History

2024 0.0163
2023 0.0171
2022 0.0452
2021 0.031
2020 0.0723
2019 0.0245
2018 0.0436

About Kimball Electronics Financial Statements

Kimball Electronics stakeholders use historical fundamental indicators, such as Kimball Electronics' Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Kimball Electronics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Kimball Electronics' assets and liabilities are reflected in the revenues and expenses on Kimball Electronics' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Kimball Electronics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.02 

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Check out the analysis of Kimball Electronics Correlation against competitors.
For information on how to trade Kimball Stock refer to our How to Trade Kimball Stock guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Electronic Equipment, Instruments & Components 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 Kimball Electronics. If investors know Kimball 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 Kimball Electronics 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
0.906
Earnings Share
0.5
Revenue Per Share
65.86
Quarterly Revenue Growth
0.15
Return On Assets
0.0358
The market value of Kimball Electronics is measured differently than its book value, which is the value of Kimball that is recorded on the company's balance sheet. Investors also form their own opinion of Kimball Electronics' value that differs from its market value or its book value, called intrinsic value, which is Kimball Electronics' 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 Kimball Electronics' market value can be influenced by many factors that don't directly affect Kimball Electronics' 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 Kimball Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kimball Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kimball Electronics' 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.