Virax Return On Assets from 2010 to 2025

VRAX Stock  USD 1.69  0.23  11.98%   
Virax Biolabs Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets will likely drop to -1.16 in 2025. Return On Assets is a profitability ratio that indicates the percentage of profit Virax Biolabs Group 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
(1.11)
Current Value
(1.16)
Quarterly Volatility
15.95640861
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Virax Biolabs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Virax Biolabs' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 88.1 K or Interest Expense of 28.3 K, as well as many indicators such as Price To Sales Ratio of 10.3, Dividend Yield of 0.0 or PTB Ratio of 0.26. Virax financial statements analysis is a perfect complement when working with Virax Biolabs Valuation or Volatility modules.
  
Check out the analysis of Virax Biolabs Correlation against competitors.

Latest Virax Biolabs' Return On Assets Growth Pattern

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

Virax Return On Assets Regression Statistics

Arithmetic Mean(25.02)
Geometric Mean13.00
Coefficient Of Variation(63.76)
Mean Deviation14.27
Median(35.43)
Standard Deviation15.96
Sample Variance254.61
Range34.878
R-Value0.79
Mean Square Error103.47
R-Squared0.62
Significance0.0003
Slope2.64
Total Sum of Squares3,819

Virax Return On Assets History

2025 -1.16
2024 -1.11
2023 -1.23
2022 -0.56
2021 -35.08
2020 -6.92

About Virax Biolabs Financial Statements

Virax Biolabs investors use historical fundamental indicators, such as Virax Biolabs' Return On 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 Virax Biolabs. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets(1.11)(1.16)

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Additional Tools for Virax Stock Analysis

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