Crinetics Return On Equity from 2010 to 2024

CRNX Stock  USD 56.09  0.03  0.05%   
Crinetics Pharmaceuticals 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 Crinetics Pharmaceuticals 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
(0.40)
Current Value
(0.38)
Quarterly Volatility
0.46669729
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Crinetics Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Crinetics Pharmaceuticals' main balance sheet or income statement drivers, such as Net Interest Income of 14.1 M, Interest Income of 14.1 M or Depreciation And Amortization of 760.2 K, as well as many indicators such as Price To Sales Ratio of 918, Dividend Yield of 0.0 or PTB Ratio of 4.02. Crinetics financial statements analysis is a perfect complement when working with Crinetics Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Crinetics Pharmaceuticals Correlation against competitors.
For more information on how to buy Crinetics Stock please use our How to Invest in Crinetics Pharmaceuticals guide.

Latest Crinetics Pharmaceuticals' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Crinetics Pharmaceuticals over the last few years. Return on Equity is the amount of Crinetics Pharmaceuticals net income returned as a percentage of Crinetics Pharmaceuticals equity. Return on equity measures Crinetics Pharmaceuticals profitability by revealing how much profit Crinetics Pharmaceuticals 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. Crinetics Pharmaceuticals' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Crinetics Pharmaceuticals' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.410 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Crinetics Return On Equity Regression Statistics

Arithmetic Mean0.60
Geometric Mean0.65
Coefficient Of Variation78.11
Mean Deviation0.35
Median0.63
Standard Deviation0.47
Sample Variance0.22
Range1.3681
R-Value(0.88)
Mean Square Error0.05
R-Squared0.78
Significance0.000012
Slope(0.09)
Total Sum of Squares3.05

Crinetics Return On Equity History

2024 -0.38
2023 -0.4
2022 0.36
2021 0.39
2020 0.43
2019 0.53
2018 0.63

About Crinetics Pharmaceuticals Financial Statements

Crinetics Pharmaceuticals investors use historical fundamental indicators, such as Crinetics Pharmaceuticals' 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 Crinetics Pharmaceuticals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(0.40)(0.38)

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Additional Tools for Crinetics Stock Analysis

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