Passage Capex Per Share from 2010 to 2024

PASG Stock  USD 1.13  0.46  68.66%   
Passage Bio's Capex Per Share is decreasing over the last several years with very volatile swings. Capex Per Share is predicted to flatten to 0. During the period from 2010 to 2024 Passage Bio Capex Per Share regressed destribution of quarterly values had coefficient of variationof  102.37 and r-value of (0.03). View All Fundamentals
 
Capex Per Share  
First Reported
2010-12-31
Previous Quarter
0.00266698
Current Value
0.002534
Quarterly Volatility
0.11038617
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Passage Bio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Passage Bio's main balance sheet or income statement drivers, such as Net Interest Income of 2.7 M, Interest Income of 2.7 M or Depreciation And Amortization of 2.8 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.52. Passage financial statements analysis is a perfect complement when working with Passage Bio Valuation or Volatility modules.
  
Check out the analysis of Passage Bio Correlation against competitors.
For more detail on how to invest in Passage Stock please use our How to Invest in Passage Bio guide.

Latest Passage Bio's Capex Per Share Growth Pattern

Below is the plot of the Capex Per Share of Passage Bio over the last few years. It is Passage Bio's Capex Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Passage Bio's overall financial position and show how it may be relating to other accounts over time.
Capex Per Share10 Years Trend
Very volatile
   Capex Per Share   
       Timeline  

Passage Capex Per Share Regression Statistics

Arithmetic Mean0.11
Geometric Mean0.06
Coefficient Of Variation102.37
Mean Deviation0.05
Median0.11
Standard Deviation0.11
Sample Variance0.01
Range0.4782
R-Value(0.03)
Mean Square Error0.01
R-Squared0
Significance0.91
Slope(0.0008)
Total Sum of Squares0.17

Passage Capex Per Share History

2024 0.002534
2023 0.002667
2022 0.0969
2021 0.48
2020 0.0426
2019 0.037

About Passage Bio Financial Statements

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

Currently Active Assets on Macroaxis

When determining whether Passage Bio is a strong investment it is important to analyze Passage Bio'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 Passage Bio's future performance. For an informed investment choice regarding Passage Stock, refer to the following important reports:
Check out the analysis of Passage Bio Correlation against competitors.
For more detail on how to invest in Passage Stock please use our How to Invest in Passage Bio guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Biotechnology 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 Passage Bio. If investors know Passage 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 Passage Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.17)
Return On Assets
(0.34)
Return On Equity
(0.64)
The market value of Passage Bio is measured differently than its book value, which is the value of Passage that is recorded on the company's balance sheet. Investors also form their own opinion of Passage Bio's value that differs from its market value or its book value, called intrinsic value, which is Passage Bio'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 Passage Bio's market value can be influenced by many factors that don't directly affect Passage Bio'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 Passage Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Passage Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Passage Bio'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.