Genenta Return On Assets from 2010 to 2024

GNTA Stock  USD 4.78  0.01  0.21%   
Genenta Science's Return On Assets are decreasing over the years with slightly volatile fluctuation. Return On Assets are expected to dwindle to -0.55. Return On Assets is a profitability ratio that indicates the percentage of profit Genenta Science SpA 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
(0.52)
Current Value
(0.55)
Quarterly Volatility
0.12316372
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Genenta Science financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genenta Science's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Net Interest Income of 324.7 K or Depreciation And Amortization of 44.6 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 6.97. Genenta financial statements analysis is a perfect complement when working with Genenta Science Valuation or Volatility modules.
  
Check out the analysis of Genenta Science Correlation against competitors.

Latest Genenta Science's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Genenta Science SpA 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. Genenta Science's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Genenta Science'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  

Genenta Return On Assets Regression Statistics

Arithmetic Mean(0.25)
Coefficient Of Variation(48.66)
Mean Deviation0.08
Median(0.22)
Standard Deviation0.12
Sample Variance0.02
Range0.4416
R-Value(0.47)
Mean Square Error0.01
R-Squared0.22
Significance0.08
Slope(0.01)
Total Sum of Squares0.21

Genenta Return On Assets History

2024 -0.55
2023 -0.52
2022 -0.11
2021 -0.14
2020 -0.32

About Genenta Science Financial Statements

Genenta Science stakeholders use historical fundamental indicators, such as Genenta Science's Return On Assets, to determine how well the company is positioned to perform in the future. Although Genenta Science investors may analyze each financial statement separately, they are all interrelated. For example, changes in Genenta Science's assets and liabilities are reflected in the revenues and expenses on Genenta Science's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Genenta Science SpA. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets(0.52)(0.55)

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Genenta Science SpA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genenta Science's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Genenta Science Spa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genenta Science Spa Stock:
Check out the analysis of Genenta Science Correlation against competitors.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genenta Science. If investors know Genenta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genenta Science listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.51)
Return On Assets
(0.26)
Return On Equity
(0.43)
The market value of Genenta Science SpA is measured differently than its book value, which is the value of Genenta that is recorded on the company's balance sheet. Investors also form their own opinion of Genenta Science's value that differs from its market value or its book value, called intrinsic value, which is Genenta Science's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genenta Science's market value can be influenced by many factors that don't directly affect Genenta Science's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genenta Science's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genenta Science is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genenta Science's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.