Advanced Return On Assets from 2010 to 2026
| ADVB Stock | 0.30 0.01 2.24% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter (0.000014) | Current Value (0.000015) | Quarterly Volatility 0.76214276 |
Check Advanced Biomed financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Advanced Biomed's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Net Interest Income of 64.6 K or Interest Income of 64.6 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.0048. Advanced financial statements analysis is a perfect complement when working with Advanced Biomed Valuation or Volatility modules.
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Latest Advanced Biomed's Return On Assets Growth Pattern
Below is the plot of the Return On Assets of Advanced Biomed Common over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Advanced Biomed's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Advanced Biomed's overall financial position and show how it may be relating to other accounts over time.
| Return On Assets | 10 Years Trend |
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Return On Assets |
| Timeline |
Advanced Return On Assets Regression Statistics
| Arithmetic Mean | (1.30) | |
| Coefficient Of Variation | (58.58) | |
| Mean Deviation | 0.68 | |
| Median | (1.83) | |
| Standard Deviation | 0.76 | |
| Sample Variance | 0.58 | |
| Range | 1.8255 | |
| R-Value | 0.85 | |
| Mean Square Error | 0.18 | |
| R-Squared | 0.72 | |
| Significance | 0.000019 | |
| Slope | 0.13 | |
| Total Sum of Squares | 9.29 |
Advanced Return On Assets History
About Advanced Biomed Financial Statements
Advanced Biomed stakeholders use historical fundamental indicators, such as Advanced Biomed's Return On Assets, to determine how well the company is positioned to perform in the future. Although Advanced Biomed investors may analyze each financial statement separately, they are all interrelated. For example, changes in Advanced Biomed's assets and liabilities are reflected in the revenues and expenses on Advanced Biomed's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Advanced Biomed Common. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year |
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Check out the analysis of Advanced Biomed Correlation against competitors. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Health Care Equipment & Supplies 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 Advanced Biomed. If investors know Advanced 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 Advanced Biomed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Advanced Biomed Common is measured differently than its book value, which is the value of Advanced that is recorded on the company's balance sheet. Investors also form their own opinion of Advanced Biomed's value that differs from its market value or its book value, called intrinsic value, which is Advanced Biomed'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 Advanced Biomed's market value can be influenced by many factors that don't directly affect Advanced Biomed'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 Advanced Biomed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advanced Biomed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advanced Biomed'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.