CannBioRx Return On Assets from 2010 to 2024

ATNFW Stock  USD 0.01  0  22.94%   
CannBioRx Life Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets will likely drop to -3.98 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit CannBioRx Life Sciences earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
(3.79)
Current Value
(3.98)
Quarterly Volatility
2.73346855
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CannBioRx Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CannBioRx Life's main balance sheet or income statement drivers, such as Interest Expense of 42.59, Selling General Administrative of 7.6 M or Interest Income of 0.0, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. CannBioRx financial statements analysis is a perfect complement when working with CannBioRx Life Valuation or Volatility modules.
  
Check out the analysis of CannBioRx Life Correlation against competitors.

Latest CannBioRx Life's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of CannBioRx Life Sciences 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. CannBioRx Life's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CannBioRx Life's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

CannBioRx Return On Assets Regression Statistics

Arithmetic Mean(1.38)
Coefficient Of Variation(198.11)
Mean Deviation1.89
Median0
Standard Deviation2.73
Sample Variance7.47
Range9.9348
R-Value(0.43)
Mean Square Error6.57
R-Squared0.18
Significance0.11
Slope(0.26)
Total Sum of Squares104.61

CannBioRx Return On Assets History

2024 -3.98
2023 -3.79
2022 -1.97
2021 -0.32
2020 -0.22
2019 -0.49
2018 -9.93

About CannBioRx Life Financial Statements

CannBioRx Life investors use historical fundamental indicators, such as CannBioRx Life's Return On 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 CannBioRx Life. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets(3.79)(3.98)

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Additional Tools for CannBioRx Stock Analysis

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