Nxu Return On Assets from 2010 to 2024

NXU Stock  USD 0.26  0.02  8.33%   
Nxu Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets will likely drop to -3.18 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Nxu Inc 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
(3.03)
Current Value
(3.18)
Quarterly Volatility
169.14940178
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nxu financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nxu's main balance sheet or income statement drivers, such as Other Operating Expenses of 57.7 M, Depreciation And Amortization of 723.5 K or Research Development of 7.1 M, as well as many indicators such as Price To Sales Ratio of 2.06, Dividend Yield of 0.0 or PTB Ratio of 0.2. Nxu financial statements analysis is a perfect complement when working with Nxu Valuation or Volatility modules.
  
Check out the analysis of Nxu Correlation against competitors.

Latest Nxu's Return On Assets Growth Pattern

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

Nxu Return On Assets Regression Statistics

Arithmetic Mean(249.33)
Coefficient Of Variation(67.84)
Mean Deviation153.78
Median(364.67)
Standard Deviation169.15
Sample Variance28,612
Range362
R-Value0.83
Mean Square Error9,706
R-Squared0.69
Significance0.0001
Slope31.30
Total Sum of Squares400,561

Nxu Return On Assets History

2024 -3.18
2023 -3.03
2022 -10.33
2021 -28.98
2020 -47.82

About Nxu Financial Statements

Nxu shareholders use historical fundamental indicators, such as Return On Assets, to determine how well the company is positioned to perform in the future. Although Nxu investors may analyze each financial statement separately, they are all interrelated. The changes in Nxu's assets and liabilities, for example, are also reflected in the revenues and expenses on on Nxu'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(3.03)(3.18)

Thematic Opportunities

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Additional Tools for Nxu Stock Analysis

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