Cassava Return On Assets from 2010 to 2024

SAVA Stock  USD 26.48  5.70  17.71%   
Cassava Sciences' Return On Assets are decreasing over the years with slightly volatile fluctuation. Overall, Return On Assets are projected to go to -0.61 this year. Return On Assets is a profitability ratio that indicates the percentage of profit Cassava Sciences 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
(0.64)
Current Value
(0.61)
Quarterly Volatility
0.39808355
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cassava Sciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cassava Sciences' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 M, Interest Expense of 4.6 M or Total Revenue of 0.0, as well as many indicators such as Dividend Yield of 0.24, Ptb Ratio of 7.21 or Days Sales Outstanding of 145. Cassava financial statements analysis is a perfect complement when working with Cassava Sciences Valuation or Volatility modules.
  
Check out the analysis of Cassava Sciences Correlation against competitors.
For information on how to trade Cassava Stock refer to our How to Trade Cassava Stock guide.

Latest Cassava Sciences' Return On Assets Growth Pattern

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

Cassava Return On Assets Regression Statistics

Arithmetic Mean(0.32)
Geometric Mean0.27
Coefficient Of Variation(124.50)
Mean Deviation0.28
Median(0.31)
Standard Deviation0.40
Sample Variance0.16
Range1.7293
R-Value(0.29)
Mean Square Error0.16
R-Squared0.08
Significance0.30
Slope(0.03)
Total Sum of Squares2.22

Cassava Return On Assets History

2024 -0.61
2023 -0.64
2022 -0.31
2021 -0.12
2020 -0.0621
2019 -0.18
2018 -0.33

About Cassava Sciences Financial Statements

Cassava Sciences stakeholders use historical fundamental indicators, such as Cassava Sciences' Return On Assets, to determine how well the company is positioned to perform in the future. Although Cassava Sciences investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cassava Sciences' assets and liabilities are reflected in the revenues and expenses on Cassava Sciences' 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 Cassava Sciences. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets(0.64)(0.61)

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Cassava Sciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cassava Sciences' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cassava Sciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cassava Sciences Stock:
Check out the analysis of Cassava Sciences Correlation against competitors.
For information on how to trade Cassava Stock refer to our How to Trade Cassava Stock guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Pharmaceuticals 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 Cassava Sciences. If investors know Cassava 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 Cassava Sciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.38)
Return On Assets
(0.46)
Return On Equity
(0.11)
The market value of Cassava Sciences is measured differently than its book value, which is the value of Cassava that is recorded on the company's balance sheet. Investors also form their own opinion of Cassava Sciences' value that differs from its market value or its book value, called intrinsic value, which is Cassava Sciences' 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 Cassava Sciences' market value can be influenced by many factors that don't directly affect Cassava Sciences' 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 Cassava Sciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cassava Sciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cassava Sciences' 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.