Clene Return On Tangible Assets from 2010 to 2024

CLNNW Stock  USD 0.03  0.01  14.09%   
Clene Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to -0.99 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
(0.95)
Current Value
(0.99)
Quarterly Volatility
0.40513372
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Clene financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clene's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 1.5 M or Interest Expense of 4.8 M, as well as many indicators such as Price To Sales Ratio of 45.2, Dividend Yield of 0.0 or PTB Ratio of 2.21. Clene financial statements analysis is a perfect complement when working with Clene Valuation or Volatility modules.
  
Check out the analysis of Clene Correlation against competitors.

Latest Clene's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Clene Inc over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Clene's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Clene'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  

Clene Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.26)
Coefficient Of Variation(157.33)
Mean Deviation0.32
Median(0.01)
Standard Deviation0.41
Sample Variance0.16
Range1.0878
R-Value(0.70)
Mean Square Error0.09
R-Squared0.49
Significance0
Slope(0.06)
Total Sum of Squares2.30

Clene Return On Tangible Assets History

2024 -0.99
2023 -0.95
2022 -0.34
2021 -0.15
2020 -0.28
2019 -1.09

About Clene Financial Statements

Clene investors use historical fundamental indicators, such as Clene'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 Clene. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.95)(0.99)

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Additional Tools for Clene Stock Analysis

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