DAVIDsTEA Return On Asset Trend from 2010 to 2020

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DTEA -- USA Stock  

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Check DAVIDsTEA financial statements over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Consolidated Income of 7 M, Cost of Revenue of 85.6 M or Earning Before Interest and Taxes EBIT of 9.1 M, as well as many exotic indicators such as Asset Turnover of 1.58, Current Ratio of 1.72 or Debt to Equity Ratio of 3.13. This can be a perfect complement to check DAVIDsTEA Valuation or Volatility. It can also complement various DAVIDsTEA Technical models. Continue to the analysis of DAVIDsTEA Correlation with competitors.

DAVIDsTEA Return On Asset Marginal Breakdown

Showing smoothed Return on Average Assets of DAVIDsTEA 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].
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(0.0001) 

10 Years Trend
 Return on Average Assets 
      Timeline 

DAVIDsTEA Return On Asset Regression Statistics

Arithmetic Mean(0.30)
Coefficient Of Variation(84.61)
Mean Deviation 0.13
Median(0.25)
Standard Deviation 0.25
Sample Variance 0.06
Range 1.03
R-Value(0.22)
Mean Square Error 0.07
R-Squared 0.048476
Significance 0.52
Slope(0.016841)
Total Sum of Squares 0.64

DAVIDsTEA Return On Asset Over Time

2010 (0.25) 
2019 (1.03) 
2020 (0.0001) 

About DAVIDsTEA Financial Statement Charts

There are typically three primary documents that fall into the category of financial statements. These documents include DAVIDsTEA income statement, its balance sheet, and the statement of cash flows. DAVIDsTEA investors use historical funamental indicators, such as DAVIDsTEA's Return On Asset, to determine how well the company is positioned to perform in the future. Although DAVIDsTEA investors may use each financial statement separately, they are all related. The changes in DAVIDsTEA's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on DAVIDsTEA'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 DAVIDsTEA Financial Statements. Understanding these patterns can help to make the right decision on long term investment in DAVIDsTEA. Please read more on our technical analysis and fundamental analysis pages.
 2010 2019 2020 (projected)
Current Assets93.03 M38.56 M101.52 M
Total Assets122.5 M79.06 M158.97 M
DAVIDsTEA Inc. operates as a retailer of specialty tea in Canada and the United States. The company was founded in 2008 and is based in Mount-Royal, Canada. DAVIDsTEA operates under Packaged Foods classification in USA and is traded on BATS Exchange. It employs 487 people.

Current Sentiment - DTEA

DAVIDsTEA Investor Sentiment

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DAVIDsTEA Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for DAVIDsTEA and Kellogg Company. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Continue to the analysis of DAVIDsTEA Correlation with competitors. Please also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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