Edgio Return On Tangible Assets from 2010 to 2024

EGIO Stock  USD 8.70  0.15  1.75%   
Edgio Return On Tangible Assets yearly trend continues to be very stable with very little volatility. Return On Tangible Assets are likely to grow to -0.41 this year. 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
(0.44)
Current Value
(0.41)
Quarterly Volatility
0.34097818
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Edgio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Edgio's main balance sheet or income statement drivers, such as Depreciation And Amortization of 47.4 M, Selling And Marketing Expenses of 37.7 M or Total Revenue of 423.8 M, as well as many indicators such as Price To Sales Ratio of 26.6, Dividend Yield of 0.0 or PTB Ratio of 37.63. Edgio financial statements analysis is a perfect complement when working with Edgio Valuation or Volatility modules.
  
Check out the analysis of Edgio Correlation against competitors.

Latest Edgio's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Edgio Inc over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Edgio's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Edgio's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Pretty Stable
   Return On Tangible Assets   
       Timeline  

Edgio Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.30)
Geometric Mean0.21
Coefficient Of Variation(113.96)
Mean Deviation0.23
Median(0.16)
Standard Deviation0.34
Sample Variance0.12
Range1.4273
R-Value0.15
Mean Square Error0.12
R-Squared0.02
Significance0.59
Slope0.01
Total Sum of Squares1.63

Edgio Return On Tangible Assets History

2024 -0.41
2023 -0.44
2022 -0.48
2021 -0.31
2020 -0.0815
2019 -0.12
2018 0.0803

About Edgio Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Edgio income statement, its balance sheet, and the statement of cash flows. Edgio investors use historical funamental indicators, such as Edgio's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Edgio investors may use each financial statement separately, they are all related. The changes in Edgio's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Edgio'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 Edgio Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Edgio. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.44)(0.41)

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Additional Information and Resources on Investing in Edgio Stock

When determining whether Edgio Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Edgio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Edgio Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Edgio Inc Stock:
Check out the analysis of Edgio Correlation against competitors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Application Software 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 Edgio. If investors know Edgio 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 Edgio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(26.00)
Revenue Per Share
72.469
Quarterly Revenue Growth
(0.12)
Return On Assets
(0.14)
Return On Equity
(0.63)
The market value of Edgio Inc is measured differently than its book value, which is the value of Edgio that is recorded on the company's balance sheet. Investors also form their own opinion of Edgio's value that differs from its market value or its book value, called intrinsic value, which is Edgio'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 Edgio's market value can be influenced by many factors that don't directly affect Edgio'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 Edgio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edgio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edgio'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.