AvidXchange Return On Assets from 2010 to 2024

AVDX Stock  USD 11.46  0.15  1.33%   
AvidXchange Holdings Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets will likely drop to -0.02 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit AvidXchange Holdings 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
(0.02)
Current Value
(0.02)
Quarterly Volatility
0.05621326
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AvidXchange Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AvidXchange Holdings' main balance sheet or income statement drivers, such as Interest Expense of 11.2 M, Tax Provision of 475.6 K or Net Interest Income of 3.7 M, as well as many indicators such as Price To Sales Ratio of 6.24, Dividend Yield of 0.0 or PTB Ratio of 3.62. AvidXchange financial statements analysis is a perfect complement when working with AvidXchange Holdings Valuation or Volatility modules.
  
Check out the analysis of AvidXchange Holdings Correlation against competitors.
For more information on how to buy AvidXchange Stock please use our How to Invest in AvidXchange Holdings guide.

Latest AvidXchange Holdings' Return On Assets Growth Pattern

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

AvidXchange Return On Assets Regression Statistics

Arithmetic Mean(0.13)
Coefficient Of Variation(43.41)
Mean Deviation0.05
Median(0.16)
Standard Deviation0.06
Sample Variance0
Range0.144
R-Value0.80
Mean Square Error0
R-Squared0.64
Significance0.0003
Slope0.01
Total Sum of Squares0.04

AvidXchange Return On Assets History

2024 -0.02
2023 -0.0191
2022 -0.0458
2021 -0.0881
2020 -0.14

About AvidXchange Holdings Financial Statements

AvidXchange Holdings investors use historical fundamental indicators, such as AvidXchange Holdings' 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 AvidXchange Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets(0.02)(0.02)

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Additional Tools for AvidXchange Stock Analysis

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