Graftech Return on Average Assets Trend from 2010 to 2022

EAF
 Stock
  

USD 7.09  0.17  2.46%   

Graftech International Return on Average Assets are increasing over the years with slightly volatile fluctuation. Ongoing Return on Average Assets are projected to grow to 0.28 this year. During the period from 2010 to 2022 Graftech International Return on Average Assets anual values regression line had coefficient of variation of 611.49 and r-squared of  0.63. Graftech International Consolidated Income is projected to increase significantly based on the last few years of reporting. The past year's Consolidated Income was at 388.33 Million. The current year Cost of Revenue is expected to grow to about 721.6 M, whereas Operating Expenses is forecasted to decline to about 116.4 M.
  
Check Graftech International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Graftech main balance sheet or income statement drivers, such as Direct Expenses of 767.6 M, Consolidated Income of 416.1 M or Cost of Revenue of 721.6 M, as well as many exotic indicators such as Interest Coverage of 10.43, Long Term Debt to Equity of 42.72 or Calculated Tax Rate of 16.09. Graftech financial statements analysis is a perfect complement when working with Graftech International Valuation or Volatility modules. It can also supplement Graftech International's financial leverage analysis and stock options assessment as well as various Graftech International Technical models . Continue to the analysis of Graftech International Correlation against competitors.

Graftech Return on Average Assets Breakdown

Showing smoothed Return on Average Assets of Graftech International with missing and latest data points interpolated. Return on assets measures how profitable a company is Net Income Common Stock relative to its total assets [AssetsAvg].Graftech International's Return on Average Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Graftech International's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 26.89 %10 Years Trend
Increasing
Slightly volatile
   Return on Average Assets   
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       Timeline  

Graftech Return on Average Assets Regression Statistics

Arithmetic Mean 0.047623
Coefficient Of Variation 611.49
Mean Deviation 0.26
Median(0.19)
Standard Deviation 0.29
Sample Variance 0.08
Range 0.75
R-Value 0.79
Mean Square Error 0.034344
R-Squared 0.63
Significance 0.001222
Slope 0.06
Total Sum of Squares 1.02

Graftech Return on Average Assets History

2017 0.007
2018 0.56
2019 0.49
2020 0.3
2021 0.28

About Graftech International Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Graftech International income statement, its balance sheet, and the statement of cash flows. Graftech International investors use historical funamental indicators, such as Graftech International's Return on Average Assets, to determine how well the company is positioned to perform in the future. Although Graftech International investors may use each financial statement separately, they are all related. The changes in Graftech International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Graftech International'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 Graftech International Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Graftech International. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Average Assets 0.28  0.28 
Average Assets1.4 B1.5 B
Average Equity-10.1 M-10.9 M
Invested Capital AverageB2.3 B
GrafTech International Ltd. research, develops, manufactures, and sells graphite and carbon-based solutions worldwide. GrafTech International Ltd. was founded in 1886 and is headquartered in Brooklyn Heights, Ohio. Graftech International operates under Electrical Equipment Parts classification in the United States and is traded on New York Stock Exchange. It employs 1353 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Graftech International without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Graftech International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Graftech International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Graftech International will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Graftech International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Graftech International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Graftech International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Graftech International to buy it.
The correlation of Graftech International is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Graftech International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Graftech International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Graftech International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to the analysis of Graftech International Correlation against competitors. Note that the Graftech International information on this page should be used as a complementary analysis to other Graftech International'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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Is Graftech International'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 Graftech International. If investors know Graftech 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 Graftech International 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 YOY
3.18
Market Capitalization
1.8 B
Quarterly Revenue Growth YOY
0.099
Return On Assets
0.27
Return On Equity
0.54
The market value of Graftech International is measured differently than its book value, which is the value of Graftech that is recorded on the company's balance sheet. Investors also form their own opinion of Graftech International's value that differs from its market value or its book value, called intrinsic value, which is Graftech International'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 Graftech International's market value can be influenced by many factors that don't directly affect Graftech International'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 Graftech International's value and its price as these two are different measures arrived at by different means. Investors typically determine Graftech International value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Graftech International'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.