Praxis Return On Tangible Assets from 2010 to 2024

PRAX Stock  USD 79.45  0.21  0.26%   
Praxis Precision Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to -1.47 in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
(1.40)
Current Value
(1.47)
Quarterly Volatility
0.40531879
 
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 Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Praxis Precision Medicines over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Praxis Precision's Return On Tangible Assets 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.
Return On Tangible Assets10 Years Trend
Pretty Stable
   Return On Tangible Assets   
       Timeline  

Praxis Return On Tangible Assets Regression Statistics

Arithmetic Mean(1.22)
Coefficient Of Variation(33.25)
Mean Deviation0.29
Median(1.34)
Standard Deviation0.41
Sample Variance0.16
Range1.6468
R-Value0.15
Mean Square Error0.17
R-Squared0.02
Significance0.59
Slope0.01
Total Sum of Squares2.30

Praxis Return On Tangible Assets History

2024 -1.47
2023 -1.4
2022 -1.85
2021 -0.57
2020 -0.2
2019 -0.74

About Praxis Precision Financial Statements

Praxis Precision investors use historical fundamental indicators, such as Praxis Precision's Return On Tangible Assets, 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
Return On Tangible Assets(1.40)(1.47)

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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.