Elevation Return On Assets from 2010 to 2024

ELEV Stock  USD 0.64  0.02  3.23%   
Elevation Oncology Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets will likely drop to -0.54 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Elevation Oncology 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
(0.51)
Current Value
(0.54)
Quarterly Volatility
1.2685289
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Elevation Oncology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Elevation Oncology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 37 K, Interest Expense of 4.4 M or Selling General Administrative of 9.2 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.35. Elevation financial statements analysis is a perfect complement when working with Elevation Oncology Valuation or Volatility modules.
  
Check out the analysis of Elevation Oncology Correlation against competitors.
For more information on how to buy Elevation Stock please use our How to Invest in Elevation Oncology guide.

Latest Elevation Oncology's Return On Assets Growth Pattern

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

Elevation Return On Assets Regression Statistics

Arithmetic Mean(2.21)
Coefficient Of Variation(57.28)
Mean Deviation1.14
Median(3.07)
Standard Deviation1.27
Sample Variance1.61
Range2.8598
R-Value0.80
Mean Square Error0.63
R-Squared0.64
Significance0.0004
Slope0.23
Total Sum of Squares22.53

Elevation Return On Assets History

2024 -0.54
2023 -0.51
2022 -1.01
2020 -0.21

About Elevation Oncology Financial Statements

Elevation Oncology investors use historical fundamental indicators, such as Elevation Oncology'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 Elevation Oncology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets(0.51)(0.54)

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Additional Tools for Elevation Stock Analysis

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