Sleep Return On Tangible Assets from 2010 to 2024

SNBR Stock  USD 14.06  0.49  3.61%   
Sleep Number Return On Tangible Assets yearly trend continues to be relatively stable with very little volatility. Return On Tangible Assets are likely to grow to 0.06 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
0.0372
Current Value
0.0642
Quarterly Volatility
0.08455864
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sleep Number financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sleep main balance sheet or income statement drivers, such as Depreciation And Amortization of 76 M, Interest Expense of 44.8 M or Total Revenue of 1 B, as well as many exotic indicators such as Price To Sales Ratio of 0.24, Dividend Yield of 0.0 or Days Sales Outstanding of 7.44. Sleep financial statements analysis is a perfect complement when working with Sleep Number Valuation or Volatility modules.
  
This module can also supplement Sleep Number's financial leverage analysis and stock options assessment as well as various Sleep Number Technical models . Check out the analysis of Sleep Number Correlation against competitors.

Latest Sleep Number's Return On Tangible Assets Growth Pattern

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

Sleep Return On Tangible Assets Regression Statistics

Arithmetic Mean0.14
Coefficient Of Variation61.76
Mean Deviation0.07
Median0.18
Standard Deviation0.08
Sample Variance0.01
Range0.3158
R-Value(0.14)
Mean Square Error0.01
R-Squared0.02
Significance0.61
Slope(0)
Total Sum of Squares0.10

Sleep Return On Tangible Assets History

2024 0.0642
2023 0.0372
2022 0.0413
2016 0.14
2012 0.18
2011 0.23
2010 -0.0855

About Sleep Number Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Sleep Number income statement, its balance sheet, and the statement of cash flows. Sleep Number investors use historical funamental indicators, such as Sleep Number's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Sleep Number investors may use each financial statement separately, they are all related. The changes in Sleep Number's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Sleep Number'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 Sleep Number Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Sleep Number. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.04  0.06 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sleep Number in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sleep Number's short interest history, or implied volatility extrapolated from Sleep Number options trading.

Currently Active Assets on Macroaxis

When determining whether Sleep Number Corp is a strong investment it is important to analyze Sleep Number's 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 Sleep Number's future performance. For an informed investment choice regarding Sleep Stock, refer to the following important reports:
Check out the analysis of Sleep Number Correlation against competitors.
Note that the Sleep Number Corp information on this page should be used as a complementary analysis to other Sleep Number'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 the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for Sleep Stock analysis

When running Sleep Number's price analysis, check to measure Sleep Number's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sleep Number is operating at the current time. Most of Sleep Number's value examination focuses on studying past and present price action to predict the probability of Sleep Number's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sleep Number's price. Additionally, you may evaluate how the addition of Sleep Number to your portfolios can decrease your overall portfolio volatility.
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Is Sleep Number'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 Sleep Number. If investors know Sleep 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 Sleep Number 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
(0.98)
Earnings Share
(1.52)
Revenue Per Share
81.463
Quarterly Revenue Growth
(0.11)
Return On Assets
0.0193
The market value of Sleep Number Corp is measured differently than its book value, which is the value of Sleep that is recorded on the company's balance sheet. Investors also form their own opinion of Sleep Number's value that differs from its market value or its book value, called intrinsic value, which is Sleep Number'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 Sleep Number's market value can be influenced by many factors that don't directly affect Sleep Number'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 Sleep Number's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sleep Number is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sleep Number'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.