BioAffinity Return On Equity from 2010 to 2024

BIAF Stock  USD 1.25  0.01  0.81%   
BioAffinity Technologies,'s Return On Equity is decreasing over the last several years with slightly volatile swings. Return On Equity is estimated to finish at -1.55 this year. Return On Equity is a measure of the profitability of bioAffinity Technologies, in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(1.63)
Current Value
(1.55)
Quarterly Volatility
0.88472399
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check BioAffinity Technologies, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BioAffinity Technologies,'s main balance sheet or income statement drivers, such as Depreciation And Amortization of 262.1 K, Interest Expense of 35.3 K or Gross Profit of 831.2 K, as well as many indicators such as Price To Sales Ratio of 4.82, Dividend Yield of 0.0 or PTB Ratio of 2.78. BioAffinity financial statements analysis is a perfect complement when working with BioAffinity Technologies, Valuation or Volatility modules.
  
Check out the analysis of BioAffinity Technologies, Correlation against competitors.
For more detail on how to invest in BioAffinity Stock please use our How to Invest in BioAffinity Technologies, guide.

Latest BioAffinity Technologies,'s Return On Equity Growth Pattern

Below is the plot of the Return On Equity of bioAffinity Technologies, over the last few years. Return on Equity is the amount of bioAffinity Technologies, net income returned as a percentage of BioAffinity Technologies, equity. Return on equity measures BioAffinity Technologies, profitability by revealing how much profit bioAffinity Technologies, generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. BioAffinity Technologies,'s Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BioAffinity Technologies,'s overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -1.5210 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

BioAffinity Return On Equity Regression Statistics

Arithmetic Mean0.34
Coefficient Of Variation257.40
Mean Deviation0.66
Median0.82
Standard Deviation0.88
Sample Variance0.78
Range2.4543
R-Value(0.75)
Mean Square Error0.36
R-Squared0.57
Significance0
Slope(0.15)
Total Sum of Squares10.96

BioAffinity Return On Equity History

2024 -1.55
2023 -1.63
2022 -0.74
2021 0.4
2020 0.48

About BioAffinity Technologies, Financial Statements

BioAffinity Technologies, stakeholders use historical fundamental indicators, such as BioAffinity Technologies,'s Return On Equity, to determine how well the company is positioned to perform in the future. Although BioAffinity Technologies, investors may analyze each financial statement separately, they are all interrelated. For example, changes in BioAffinity Technologies,'s assets and liabilities are reflected in the revenues and expenses on BioAffinity Technologies,'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 bioAffinity Technologies,. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(1.63)(1.55)

Currently Active Assets on Macroaxis

When determining whether bioAffinity Technologies, is a strong investment it is important to analyze BioAffinity Technologies,'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 BioAffinity Technologies,'s future performance. For an informed investment choice regarding BioAffinity Stock, refer to the following important reports:
Check out the analysis of BioAffinity Technologies, Correlation against competitors.
For more detail on how to invest in BioAffinity Stock please use our How to Invest in BioAffinity Technologies, guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Biotechnology 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 BioAffinity Technologies,. If investors know BioAffinity 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 BioAffinity Technologies, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.91)
Revenue Per Share
0.744
Quarterly Revenue Growth
120.474
Return On Assets
(0.70)
Return On Equity
(1.52)
The market value of bioAffinity Technologies, is measured differently than its book value, which is the value of BioAffinity that is recorded on the company's balance sheet. Investors also form their own opinion of BioAffinity Technologies,'s value that differs from its market value or its book value, called intrinsic value, which is BioAffinity Technologies,'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 BioAffinity Technologies,'s market value can be influenced by many factors that don't directly affect BioAffinity Technologies,'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 BioAffinity Technologies,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if BioAffinity Technologies, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BioAffinity Technologies,'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.