BOCANA Return On Assets from 2010 to 2026

VC1 Stock   0.07  0  4.08%   
BOCANA RESOURCES's Return On Assets are increasing over the last several years with slightly volatile swings. Return On Assets are predicted to flatten to -0.44. Return On Assets is a profitability ratio that indicates the percentage of profit BOCANA RESOURCES P 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
(0.42)
Current Value
(0.44)
Quarterly Volatility
71.85005439
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check BOCANA RESOURCES financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BOCANA RESOURCES's main balance sheet or income statement drivers, such as , as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 8.25. BOCANA financial statements analysis is a perfect complement when working with BOCANA RESOURCES Valuation or Volatility modules.
  
This module can also supplement various BOCANA RESOURCES Technical models . Check out the analysis of BOCANA RESOURCES Correlation against competitors.
The Return On Assets trend for BOCANA RESOURCES P offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether BOCANA RESOURCES is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest BOCANA RESOURCES's Return On Assets Growth Pattern

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

BOCANA Return On Assets Regression Statistics

Arithmetic Mean(52.83)
Coefficient Of Variation(136.00)
Mean Deviation63.25
Median(6.33)
Standard Deviation71.85
Sample Variance5,162
Range158
R-Value0.83
Mean Square Error1,721
R-Squared0.69
Significance0.000039
Slope11.80
Total Sum of Squares82,599

BOCANA Return On Assets History

2026 -0.44
2024 -3.44
2023 -7.73
2022 -2.4
2021 -0.42
2020 -1.25
2019 -13.9

About BOCANA RESOURCES Financial Statements

BOCANA RESOURCES stakeholders use historical fundamental indicators, such as BOCANA RESOURCES's Return On Assets, to determine how well the company is positioned to perform in the future. Although BOCANA RESOURCES investors may analyze each financial statement separately, they are all interrelated. For example, changes in BOCANA RESOURCES's assets and liabilities are reflected in the revenues and expenses on BOCANA RESOURCES'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 BOCANA RESOURCES P. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets(0.42)(0.44)

Currently Active Assets on Macroaxis

Other Information on Investing in BOCANA Stock

BOCANA RESOURCES financial ratios help investors to determine whether BOCANA Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BOCANA with respect to the benefits of owning BOCANA RESOURCES security.