Gossamer Return On Assets from 2010 to 2024

GOSS Stock  USD 0.70  0.04  6.06%   
Gossamer Bio Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets will likely drop to -0.61 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Gossamer Bio 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
(0.58)
Current Value
(0.61)
Quarterly Volatility
3.69233934
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gossamer Bio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gossamer Bio's main balance sheet or income statement drivers, such as Interest Income of 1.5 M, Interest Expense of 8.2 M or Selling General Administrative of 36.5 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.33. Gossamer financial statements analysis is a perfect complement when working with Gossamer Bio Valuation or Volatility modules.
  
Check out the analysis of Gossamer Bio Correlation against competitors.
For more information on how to buy Gossamer Stock please use our How to Invest in Gossamer Bio guide.

Latest Gossamer Bio's Return On Assets Growth Pattern

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

Gossamer Return On Assets Regression Statistics

Arithmetic Mean(1.95)
Coefficient Of Variation(189.70)
Mean Deviation1.77
Median(1.38)
Standard Deviation3.69
Sample Variance13.63
Range14.7919
R-Value0.09
Mean Square Error14.56
R-Squared0.01
Significance0.75
Slope0.07
Total Sum of Squares190.87

Gossamer Return On Assets History

2023 -0.58
2022 -0.88
2021 -0.72
2020 -0.47
2019 -0.42
2018 -0.61
2017 -15.22

About Gossamer Bio Financial Statements

Gossamer Bio shareholders use historical fundamental indicators, such as Return On Assets, to determine how well the company is positioned to perform in the future. Although Gossamer Bio investors may analyze each financial statement separately, they are all interrelated. The changes in Gossamer Bio's assets and liabilities, for example, are also reflected in the revenues and expenses on on Gossamer Bio's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Assets(0.58)(0.61)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Gossamer Stock Analysis

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