Purple Return On Assets from 2010 to 2024

PPBT Stock  USD 2.64  0.10  3.65%   
Purple Biotech Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets will likely drop to -0.0005 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Purple Biotech 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
(0.0004)
Current Value
(0.0005)
Quarterly Volatility
3.65317027
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Purple Biotech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Purple Biotech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 208.9 K, Interest Expense of 2.3 M or Selling General Administrative of 4.6 M, as well as many indicators such as Price To Sales Ratio of 84.89, Dividend Yield of 0.088 or PTB Ratio of 0.49. Purple financial statements analysis is a perfect complement when working with Purple Biotech Valuation or Volatility modules.
  
Check out the analysis of Purple Biotech Correlation against competitors.
For more information on how to buy Purple Stock please use our How to Invest in Purple Biotech guide.

Latest Purple Biotech's Return On Assets Growth Pattern

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

Purple Return On Assets Regression Statistics

Arithmetic Mean(2.71)
Coefficient Of Variation(134.98)
Mean Deviation3.10
Median(0.40)
Standard Deviation3.65
Sample Variance13.35
Range8.4497
R-Value0.84
Mean Square Error4.32
R-Squared0.70
Significance0.0001
Slope0.68
Total Sum of Squares186.84

Purple Return On Assets History

2024 -4.71E-4
2023 -4.49E-4
2021 -0.26
2020 -0.33
2019 -0.4
2018 -0.35
2017 -0.87

About Purple Biotech Financial Statements

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

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Additional Tools for Purple Stock Analysis

When running Purple Biotech's price analysis, check to measure Purple 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 Purple Biotech is operating at the current time. Most of Purple Biotech's value examination focuses on studying past and present price action to predict the probability of Purple 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 Purple Biotech's price. Additionally, you may evaluate how the addition of Purple Biotech to your portfolios can decrease your overall portfolio volatility.