IOBT Return On Equity from 2010 to 2024

IOBT Stock  USD 0.71  0.03  4.41%   
IO Biotech Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of IO Biotech in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(0.65)
Current Value
(0.61)
Quarterly Volatility
0.44971248
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check IO Biotech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IO Biotech's main balance sheet or income statement drivers, such as Net Interest Income of 5 M, Depreciation And Amortization of 204.2 K or Interest Expense of 2.9 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.65. IOBT financial statements analysis is a perfect complement when working with IO Biotech Valuation or Volatility modules.
  
Check out the analysis of IO Biotech Correlation against competitors.
For more information on how to buy IOBT Stock please use our How to Invest in IO Biotech guide.

Latest IO Biotech's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of IO Biotech over the last few years. Return on Equity is the amount of IO Biotech net income returned as a percentage of IO Biotech equity. Return on equity measures IO Biotech profitability by revealing how much profit IO Biotech generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. IO Biotech's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in IO Biotech's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.8810 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

IOBT Return On Equity Regression Statistics

Arithmetic Mean0.19
Geometric Mean0.46
Coefficient Of Variation239.34
Mean Deviation0.38
Median0.46
Standard Deviation0.45
Sample Variance0.20
Range1.1033
R-Value(0.80)
Mean Square Error0.08
R-Squared0.63
Significance0.0004
Slope(0.08)
Total Sum of Squares2.83

IOBT Return On Equity History

2024 -0.61
2023 -0.65
2022 -0.51
2021 -0.32
2020 0.34

About IO Biotech Financial Statements

IO Biotech shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although IO Biotech investors may analyze each financial statement separately, they are all interrelated. The changes in IO Biotech's assets and liabilities, for example, are also reflected in the revenues and expenses on on IO Biotech'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 Equity(0.65)(0.61)

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Additional Tools for IOBT Stock Analysis

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