Profound Intangibles To Total Assets from 2010 to 2024

PROF Stock  USD 7.55  0.03  0.40%   
Profound Medical's Intangibles To Total Assets are increasing over the last several years with very volatile swings. Intangibles To Total Assets are predicted to flatten to 0.01. Intangibles To Total Assets is the ratio of a company's intangible assets (like goodwill and patents) to its total assets. View All Fundamentals
 
Intangibles To Total Assets  
First Reported
2010-12-31
Previous Quarter
0.01115894
Current Value
0.0106
Quarterly Volatility
0.08550548
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Profound Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Profound Medical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 M, Interest Expense of 731 K or Selling General Administrative of 6.9 M, as well as many indicators such as Price To Sales Ratio of 25.53, Dividend Yield of 0.0 or PTB Ratio of 3.51. Profound financial statements analysis is a perfect complement when working with Profound Medical Valuation or Volatility modules.
  
Check out the analysis of Profound Medical Correlation against competitors.

Latest Profound Medical's Intangibles To Total Assets Growth Pattern

Below is the plot of the Intangibles To Total Assets of Profound Medical Corp over the last few years. It is the ratio of a company's intangible assets (like goodwill and patents) to its total assets. Profound Medical's Intangibles To Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Profound Medical's overall financial position and show how it may be relating to other accounts over time.
Intangibles To Total Assets10 Years Trend
Very volatile
   Intangibles To Total Assets   
       Timeline  

Profound Intangibles To Total Assets Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.03
Coefficient Of Variation144.30
Mean Deviation0.06
Median0.02
Standard Deviation0.09
Sample Variance0.01
Range0.3052
R-Value0.07
Mean Square Error0.01
R-Squared0.01
Significance0.79
Slope0
Total Sum of Squares0.10

Profound Intangibles To Total Assets History

2023 0.0112
2022 0.0106
2021 0.0475
2020 0.0437
2019 0.17
2018 0.16
2017 0.31

About Profound Medical Financial Statements

Profound Medical stakeholders use historical fundamental indicators, such as Profound Medical's Intangibles To Total Assets, to determine how well the company is positioned to perform in the future. Although Profound Medical investors may analyze each financial statement separately, they are all interrelated. For example, changes in Profound Medical's assets and liabilities are reflected in the revenues and expenses on Profound Medical'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 Profound Medical Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Intangibles To Total Assets 0.01  0.01 

Currently Active Assets on Macroaxis

When determining whether Profound Medical Corp is a strong investment it is important to analyze Profound Medical'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 Profound Medical's future performance. For an informed investment choice regarding Profound Stock, refer to the following important reports:
Check out the analysis of Profound Medical Correlation against competitors.
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Is Health Care Equipment & Supplies 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 Profound Medical. If investors know Profound 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 Profound Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.34)
Revenue Per Share
0.38
Quarterly Revenue Growth
0.639
Return On Assets
(0.45)
Return On Equity
(0.90)
The market value of Profound Medical Corp is measured differently than its book value, which is the value of Profound that is recorded on the company's balance sheet. Investors also form their own opinion of Profound Medical's value that differs from its market value or its book value, called intrinsic value, which is Profound Medical'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 Profound Medical's market value can be influenced by many factors that don't directly affect Profound Medical'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 Profound Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Profound Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Profound Medical'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.