Helix Return On Assets from 2010 to 2024

HLXB Stock   10.42  0.16  1.51%   
Helix Acquisition's Return On Assets are increasing over the years with slightly volatile fluctuation. Return On Assets are expected to dwindle to -0.04. Return On Assets is a profitability ratio that indicates the percentage of profit Helix Acquisition Corp 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
(0.04)
Current Value
(0.04)
Quarterly Volatility
356.4827941
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Helix Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Helix Acquisition's main balance sheet or income statement drivers, such as Depreciation And Amortization of 23.7 K, Other Operating Expenses of 5.5 M or Total Operating Expenses of 39.6 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.57. Helix financial statements analysis is a perfect complement when working with Helix Acquisition Valuation or Volatility modules.
  
Check out the analysis of Helix Acquisition Correlation against competitors.

Latest Helix Acquisition's Return On Assets Growth Pattern

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

Helix Return On Assets Regression Statistics

Arithmetic Mean(571.15)
Coefficient Of Variation(62.41)
Mean Deviation304.59
Median(778.83)
Standard Deviation356.48
Sample Variance127,080
Range779
R-Value0.77
Mean Square Error56,208
R-Squared0.59
Significance0.0008
Slope61.19
Total Sum of Squares1.8M

Helix Return On Assets History

2024 -0.0368
2023 -0.0351
2021 -0.039

About Helix Acquisition Financial Statements

Helix Acquisition stakeholders use historical fundamental indicators, such as Helix Acquisition's Return On Assets, to determine how well the company is positioned to perform in the future. Although Helix Acquisition investors may analyze each financial statement separately, they are all interrelated. For example, changes in Helix Acquisition's assets and liabilities are reflected in the revenues and expenses on Helix Acquisition'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 Helix Acquisition Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets(0.04)(0.04)

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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 Helix Acquisition Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Helix Acquisition'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 Helix Acquisition Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Helix Acquisition Corp Stock:
Check out the analysis of Helix Acquisition Correlation against competitors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Multi-Sector Holdings 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 Helix Acquisition. If investors know Helix 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 Helix Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.17
Return On Assets
(0.11)
The market value of Helix Acquisition Corp is measured differently than its book value, which is the value of Helix that is recorded on the company's balance sheet. Investors also form their own opinion of Helix Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Helix Acquisition'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 Helix Acquisition's market value can be influenced by many factors that don't directly affect Helix Acquisition'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 Helix Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Helix Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Helix Acquisition'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.