Praxis Income Quality from 2010 to 2024

PRAX Stock  USD 80.17  0.72  0.91%   
Praxis Precision Income Quality yearly trend continues to be fairly stable with very little volatility. Income Quality will likely drop to 0.68 in 2024. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
0.90151448
Current Value
0.68
Quarterly Volatility
0.06416782
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Praxis Precision financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Praxis Precision's main balance sheet or income statement drivers, such as Net Interest Income of 109.3 K, Interest Income of 155.8 K or Depreciation And Amortization of 240.9 K, as well as many indicators such as Price To Sales Ratio of 48.03, Dividend Yield of 0.0 or PTB Ratio of 1.62. Praxis financial statements analysis is a perfect complement when working with Praxis Precision Valuation or Volatility modules.
  
Check out the analysis of Praxis Precision Correlation against competitors.

Latest Praxis Precision's Income Quality Growth Pattern

Below is the plot of the Income Quality of Praxis Precision Medicines over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Praxis Precision's Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Praxis Precision's overall financial position and show how it may be relating to other accounts over time.
Income Quality10 Years Trend
Pretty Stable
   Income Quality   
       Timeline  

Praxis Income Quality Regression Statistics

Arithmetic Mean0.80
Geometric Mean0.80
Coefficient Of Variation8.01
Mean Deviation0.05
Median0.78
Standard Deviation0.06
Sample Variance0
Range0.2611
R-Value0.21
Mean Square Error0
R-Squared0.04
Significance0.46
Slope0
Total Sum of Squares0.06

Praxis Income Quality History

2024 0.68
2023 0.9
2022 0.86
2021 0.75
2020 0.85
2019 0.94

About Praxis Precision Financial Statements

Praxis Precision investors use historical fundamental indicators, such as Praxis Precision's Income Quality, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Praxis Precision. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Quality 0.90  0.68 

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Additional Tools for Praxis Stock Analysis

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