Ardelyx Return On Tangible Assets from 2010 to 2024

ARDX Stock  USD 5.12  0.20  4.07%   
Ardelyx Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to -0.23 in 2024. 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
(0.22)
Current Value
(0.23)
Quarterly Volatility
0.23528637
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ardelyx financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ardelyx's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 9.3 M or Selling General Administrative of 141.1 M, as well as many indicators such as Price To Sales Ratio of 10.38, Dividend Yield of 0.0 or PTB Ratio of 8.56. Ardelyx financial statements analysis is a perfect complement when working with Ardelyx Valuation or Volatility modules.
  
Check out the analysis of Ardelyx Correlation against competitors.
For more information on how to buy Ardelyx Stock please use our How to Invest in Ardelyx guide.

Latest Ardelyx's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Ardelyx over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Ardelyx's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ardelyx's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Ardelyx Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.36)
Coefficient Of Variation(66.14)
Mean Deviation0.16
Median(0.26)
Standard Deviation0.24
Sample Variance0.06
Range1.0267
R-Value(0.35)
Mean Square Error0.05
R-Squared0.12
Significance0.20
Slope(0.02)
Total Sum of Squares0.78

Ardelyx Return On Tangible Assets History

2024 -0.23
2023 -0.22
2022 -0.35
2021 -1.06
2020 -0.47
2019 -0.37
2018 -0.5

About Ardelyx Financial Statements

Ardelyx investors use historical fundamental indicators, such as Ardelyx's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Ardelyx. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.22)(0.23)

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Additional Tools for Ardelyx Stock Analysis

When running Ardelyx's price analysis, check to measure Ardelyx'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 Ardelyx is operating at the current time. Most of Ardelyx's value examination focuses on studying past and present price action to predict the probability of Ardelyx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ardelyx's price. Additionally, you may evaluate how the addition of Ardelyx to your portfolios can decrease your overall portfolio volatility.