Icecure Return On Assets from 2010 to 2024
ICCM Stock | USD 0.83 0.04 5.34% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter (0.89) | Current Value (0.94) | Quarterly Volatility 0.41430659 |
Check Icecure Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Icecure Medical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 339.1 K, Interest Expense of 120.2 K or Selling General Administrative of 2.4 M, as well as many indicators such as Price To Sales Ratio of 14.37, Dividend Yield of 0.0 or PTB Ratio of 4.22. Icecure financial statements analysis is a perfect complement when working with Icecure Medical Valuation or Volatility modules.
Icecure | Return On Assets |
Latest Icecure Medical's Return On Assets Growth Pattern
Below is the plot of the Return On Assets of Icecure Medical 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. Icecure Medical's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Icecure Medical's overall financial position and show how it may be relating to other accounts over time.
Return On Assets | 10 Years Trend |
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Return On Assets |
Timeline |
Icecure Return On Assets Regression Statistics
Arithmetic Mean | (0.99) | |
Coefficient Of Variation | (41.85) | |
Mean Deviation | 0.36 | |
Median | (0.94) | |
Standard Deviation | 0.41 | |
Sample Variance | 0.17 | |
Range | 1.1773 | |
R-Value | 0.72 | |
Mean Square Error | 0.09 | |
R-Squared | 0.52 | |
Significance | 0 | |
Slope | 0.07 | |
Total Sum of Squares | 2.40 |
Icecure Return On Assets History
About Icecure Medical Financial Statements
Icecure Medical investors utilize fundamental indicators, such as Return On Assets, to predict how Icecure Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Return On Assets | (0.89) | (0.94) |
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Is Health Care Equipment & Supplies 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 Icecure Medical. If investors know Icecure 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 Icecure Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.29) | Revenue Per Share 0.071 | Quarterly Revenue Growth 0.079 | Return On Assets (0.47) | Return On Equity (0.94) |
The market value of Icecure Medical is measured differently than its book value, which is the value of Icecure that is recorded on the company's balance sheet. Investors also form their own opinion of Icecure Medical's value that differs from its market value or its book value, called intrinsic value, which is Icecure Medical'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 Icecure Medical's market value can be influenced by many factors that don't directly affect Icecure Medical'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 Icecure Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Icecure Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icecure Medical'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.