CARGO Return On Assets from 2010 to 2024

CRGX Stock   17.67  0.44  2.55%   
CARGO Therapeutics, Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets will likely drop to -0.23 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit CARGO Therapeutics, Common 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
(0.22)
Current Value
(0.23)
Quarterly Volatility
0.82716094
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CARGO Therapeutics, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CARGO Therapeutics,'s main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 M, Interest Expense of 2.4 M or Selling General Administrative of 22 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.47. CARGO financial statements analysis is a perfect complement when working with CARGO Therapeutics, Valuation or Volatility modules.
  
Check out the analysis of CARGO Therapeutics, Correlation against competitors.

Latest CARGO Therapeutics,'s Return On Assets Growth Pattern

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

CARGO Return On Assets Regression Statistics

Arithmetic Mean(1.34)
Coefficient Of Variation(61.94)
Mean Deviation0.36
Median(1.30)
Standard Deviation0.83
Sample Variance0.68
Range3.7813
R-Value0.01
Mean Square Error0.74
R-Squared0.000086
Significance0.97
Slope0
Total Sum of Squares9.58

CARGO Return On Assets History

2024 -0.23
2023 -0.22
2022 -4.0

About CARGO Therapeutics, Financial Statements

CARGO Therapeutics, investors use historical fundamental indicators, such as CARGO Therapeutics,'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 CARGO Therapeutics,. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets(0.22)(0.23)

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Additional Tools for CARGO Stock Analysis

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