Neuropace Return On Assets from 2010 to 2024

NPCE Stock  USD 9.00  0.19  2.07%   
Neuropace's Return On Assets are increasing over the years with slightly volatile fluctuation. Return On Assets are expected to dwindle to -0.32. Return On Assets is a profitability ratio that indicates the percentage of profit Neuropace 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
(0.31)
Current Value
(0.32)
Quarterly Volatility
0.74939882
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Neuropace financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Neuropace's main balance sheet or income statement drivers, such as Interest Income of 3.2 M, Depreciation And Amortization of 1.6 M or Interest Expense of 7.1 M, as well as many indicators such as Price To Sales Ratio of 3.87, Dividend Yield of 0.0 or PTB Ratio of 13.55. Neuropace financial statements analysis is a perfect complement when working with Neuropace Valuation or Volatility modules.
  
Check out the analysis of Neuropace Correlation against competitors.
For information on how to trade Neuropace Stock refer to our How to Trade Neuropace Stock guide.

Latest Neuropace's Return On Assets Growth Pattern

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

Neuropace Return On Assets Regression Statistics

Arithmetic Mean(1.42)
Coefficient Of Variation(52.69)
Mean Deviation0.68
Median(1.93)
Standard Deviation0.75
Sample Variance0.56
Range1.6459
R-Value0.83
Mean Square Error0.19
R-Squared0.68
Significance0.0001
Slope0.14
Total Sum of Squares7.86

Neuropace Return On Assets History

2024 -0.32
2023 -0.31
2022 -0.47
2021 -0.29
2020 -0.64

About Neuropace Financial Statements

Neuropace stakeholders use historical fundamental indicators, such as Neuropace's Return On Assets, to determine how well the company is positioned to perform in the future. Although Neuropace investors may analyze each financial statement separately, they are all interrelated. For example, changes in Neuropace's assets and liabilities are reflected in the revenues and expenses on Neuropace'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 Neuropace. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets(0.31)(0.32)

Also Currently Popular

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 Neuropace is a strong investment it is important to analyze Neuropace's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Neuropace's future performance. For an informed investment choice regarding Neuropace Stock, refer to the following important reports:
Check out the analysis of Neuropace Correlation against competitors.
For information on how to trade Neuropace Stock refer to our How to Trade Neuropace Stock guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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 Neuropace. If investors know Neuropace 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 Neuropace listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.98)
Revenue Per Share
2.697
Quarterly Revenue Growth
0.282
Return On Assets
(0.15)
Return On Equity
(2.15)
The market value of Neuropace is measured differently than its book value, which is the value of Neuropace that is recorded on the company's balance sheet. Investors also form their own opinion of Neuropace's value that differs from its market value or its book value, called intrinsic value, which is Neuropace'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 Neuropace's market value can be influenced by many factors that don't directly affect Neuropace'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 Neuropace's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neuropace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neuropace'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.