BioAffinity Return On Equity from 2010 to 2024

BIAFW Stock  USD 0.57  0.13  18.57%   
BioAffinity Technologies Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of bioAffinity Technologies Warrant 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' 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.

Latest BioAffinity Technologies' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of bioAffinity Technologies Warrant 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 Warrant 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' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BioAffinity Technologies' 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 investors use historical fundamental indicators, such as BioAffinity Technologies' Return On Equity, 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 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)

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Additional Tools for BioAffinity Stock Analysis

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