Parts Return on Average Assets Trend from 2010 to 2022

ID
 Stock
  

USD 2.01  0.18  9.84%   

Parts ID Return on Average Assets are decreasing over the years with slightly volatile fluctuation. Return on Average Assets are expected to dwindle to -0.14. During the period from 2010 to 2022 Parts ID Return on Average Assets anual values regression line had coefficient of variation of(225.88) and r-squared of  0.61. As of August 12, 2022, Consolidated Income is expected to decline to about (8.2 M). In addition to that, Earning Before Interest and Taxes EBIT is expected to decline to about (9.4 M).
  
Check Parts ID financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Parts main balance sheet or income statement drivers, such as Cost of Revenue of 362.3 M, Gross Profit of 93.3 M or Interest Expense of 10.8 K, as well as many exotic indicators such as Asset Turnover of 6.55, Current Ratio of 0.56 or Free Cash Flow per Share of 0.0328. Parts financial statements analysis is a perfect complement when working with Parts ID Valuation or Volatility modules. It can also supplement various Parts ID Technical models . Please see the analysis of Parts ID Correlation against competitors.

Parts Return on Average Assets Breakdown

Showing smoothed Return on Average Assets of Parts ID 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].Parts ID's Return on Average Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Parts ID's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (14.17) %10 Years Trend
Decreasing
Slightly volatile
   Return on Average Assets   
Share
       Timeline  

Parts Return on Average Assets Regression Statistics

Arithmetic Mean(0.026623)
Coefficient Of Variation(225.88)
Mean Deviation 0.04819
Median 0.008
Standard Deviation 0.06
Sample Variance 0.003617
Range 0.15
R-Value(0.78)
Mean Square Error 0.001553
R-Squared 0.61
Significance 0.001709
Slope(0.012025)
Total Sum of Squares 0.043399

Parts Return on Average Assets History

2017 0.001
2018 -0.005
2020 -0.11
2021 -0.14

About Parts ID Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Parts ID income statement, its balance sheet, and the statement of cash flows. Parts ID investors use historical funamental indicators, such as Parts ID's Return on Average Assets, to determine how well the company is positioned to perform in the future. Although Parts ID investors may use each financial statement separately, they are all related. The changes in Parts ID's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Parts ID'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 Parts ID Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Parts ID. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Average Assets(0.14) (0.14) 
Average Assets56.9 M58.4 M
Average Equity-12.4 M-12.7 M
Invested Capital Average-40.5 M-41.5 M
PARTS iD, Inc., a digital commerce company, primarily sells automotive parts and accessories through its proprietary platforms. The company was founded in 2008 and is based in Cranbury, New Jersey. Parts ID operates under Internet Retail classification in the United States and is traded on NYSEMKT Exchange. It employs 108 people.

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Please see the analysis of Parts ID Correlation against competitors. Note that the Parts ID information on this page should be used as a complementary analysis to other Parts ID'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 Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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Is Parts ID'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 Parts ID. If investors know Parts 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 Parts ID 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
-0.78
Market Capitalization
62.3 M
Quarterly Revenue Growth YOY
-0.2
Return On Assets
-0.2
The market value of Parts ID is measured differently than its book value, which is the value of Parts that is recorded on the company's balance sheet. Investors also form their own opinion of Parts ID's value that differs from its market value or its book value, called intrinsic value, which is Parts ID'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 Parts ID's market value can be influenced by many factors that don't directly affect Parts ID'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 Parts ID's value and its price as these two are different measures arrived at by different means. Investors typically determine Parts ID value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parts ID'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.