Tenax Therapeutics Stock Return On Equity

TENX Stock  USD 5.36  0.03  0.56%   
Tenax Therapeutics fundamentals help investors to digest information that contributes to Tenax Therapeutics' financial success or failures. It also enables traders to predict the movement of Tenax Stock. The fundamental analysis module provides a way to measure Tenax Therapeutics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tenax Therapeutics stock.
Last ReportedProjected for Next Year
Return On Equity(0.95)(0.90)
Return On Equity is likely to rise to -0.9 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Tenax Therapeutics Company Return On Equity Analysis

Tenax Therapeutics' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Tenax Therapeutics Return On Equity

    
  -1.14  
Most of Tenax Therapeutics' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tenax Therapeutics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Tenax Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Tenax Therapeutics is extremely important. It helps to project a fair market value of Tenax Stock properly, considering its historical fundamentals such as Return On Equity. Since Tenax Therapeutics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tenax Therapeutics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tenax Therapeutics' interrelated accounts and indicators.
1.0-0.990.27-0.140.891.00.26-0.19-0.39-0.31-0.150.940.660.15-0.330.320.21-0.210.12
1.0-1.00.25-0.140.871.00.27-0.18-0.4-0.33-0.190.940.670.18-0.330.310.21-0.20.12
-0.99-1.0-0.220.1-0.85-1.0-0.280.190.390.340.2-0.93-0.63-0.210.31-0.29-0.220.2-0.1
0.270.25-0.22-0.530.390.23-0.270.60.270.450.510.170.2-0.86-0.260.540.36-0.330.42
-0.14-0.140.1-0.53-0.11-0.110.05-0.31-0.05-0.19-0.18-0.11-0.410.40.21-0.23-0.09-0.37-0.77
0.890.87-0.850.39-0.110.870.13-0.27-0.29-0.020.220.80.55-0.09-0.270.350.2-0.260.15
1.01.0-1.00.23-0.110.870.27-0.21-0.41-0.34-0.180.940.660.2-0.330.320.23-0.220.11
0.260.27-0.28-0.270.050.130.270.040.27-0.36-0.380.230.060.40.45-0.33-0.350.49-0.2
-0.19-0.180.190.6-0.31-0.27-0.210.040.630.06-0.09-0.23-0.16-0.520.090.150.08-0.070.11
-0.39-0.40.390.27-0.05-0.29-0.410.270.630.310.25-0.45-0.52-0.450.78-0.18-0.230.29-0.13
-0.31-0.330.340.45-0.19-0.02-0.34-0.360.060.310.9-0.42-0.29-0.730.160.190.11-0.10.13
-0.15-0.190.20.51-0.180.22-0.18-0.38-0.090.250.9-0.27-0.17-0.750.10.260.15-0.140.17
0.940.94-0.930.17-0.110.80.940.23-0.23-0.45-0.42-0.270.530.25-0.320.320.23-0.150.19
0.660.67-0.630.2-0.410.550.660.06-0.16-0.52-0.29-0.170.530.12-0.570.310.19-0.180.22
0.150.18-0.21-0.860.4-0.090.20.4-0.52-0.45-0.73-0.750.250.120.02-0.35-0.190.21-0.24
-0.33-0.330.31-0.260.21-0.27-0.330.450.090.780.160.1-0.32-0.570.02-0.45-0.430.55-0.26
0.320.31-0.290.54-0.230.350.32-0.330.15-0.180.190.260.320.31-0.35-0.450.96-0.640.17
0.210.21-0.220.36-0.090.20.23-0.350.08-0.230.110.150.230.19-0.19-0.430.96-0.650.08
-0.21-0.20.2-0.33-0.37-0.26-0.220.49-0.070.29-0.1-0.14-0.15-0.180.210.55-0.64-0.650.33
0.120.12-0.10.42-0.770.150.11-0.20.11-0.130.130.170.190.22-0.24-0.260.170.080.33
Click cells to compare fundamentals
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Tenax Total Stockholder Equity

Total Stockholder Equity

12.69 Million

At this time, Tenax Therapeutics' Total Stockholder Equity is fairly stable compared to the past year.
Based on the latest financial disclosure, Tenax Therapeutics has a Return On Equity of -1.1379. This is 95.25% lower than that of the Biotechnology sector and 96.88% lower than that of the Health Care industry. The return on equity for all United States stocks is notably higher than that of the company.

Tenax Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tenax Therapeutics' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tenax Therapeutics could also be used in its relative valuation, which is a method of valuing Tenax Therapeutics by comparing valuation metrics of similar companies.
Tenax Therapeutics is currently under evaluation in return on equity category among its peers.

Tenax Therapeutics ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tenax Therapeutics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tenax Therapeutics' managers, analysts, and investors.
Environmental
Governance
Social

Tenax Fundamentals

About Tenax Therapeutics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tenax Therapeutics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tenax Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tenax Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

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.

Additional Tools for Tenax Stock Analysis

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