Sellas Return On Tangible Assets from 2010 to 2024

SLS Stock  USD 1.22  0.02  1.61%   
Sellas Life Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets will likely drop to -9.11 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
(8.67)
Current Value
(9.11)
Quarterly Volatility
309.83867304
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sellas Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sellas Life's main balance sheet or income statement drivers, such as Interest Expense of 806.9 K, Other Operating Expenses of 28.8 M or Research Development of 16.3 M, as well as many indicators such as Price To Sales Ratio of 60.05, Dividend Yield of 0.037 or Days Sales Outstanding of 78.69. Sellas financial statements analysis is a perfect complement when working with Sellas Life Valuation or Volatility modules.
  
Check out the analysis of Sellas Life Correlation against competitors.

Latest Sellas Life's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Sellas Life Sciences over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Sellas Life's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sellas Life's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Sellas Return On Tangible Assets Regression Statistics

Arithmetic Mean(82.54)
Coefficient Of Variation(375.36)
Mean Deviation149.33
Median(1.41)
Standard Deviation309.84
Sample Variance96,000
Range1.2K
R-Value0.43
Mean Square Error84,456
R-Squared0.18
Significance0.11
Slope29.64
Total Sum of Squares1.3M

Sellas Return On Tangible Assets History

2024 -9.11
2023 -8.67
2021 -0.85
2020 -0.44
2019 -2.14
2018 -4.26
2017 -1.7

About Sellas Life Financial Statements

Sellas Life shareholders use historical fundamental indicators, such as Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Sellas Life investors may analyze each financial statement separately, they are all interrelated. The changes in Sellas Life's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sellas Life'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
Return On Tangible Assets(8.67)(9.11)

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Additional Tools for Sellas Stock Analysis

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