IMAC Return On Assets from 2010 to 2024

BACK Stock  USD 1.26  0.04  3.08%   
IMAC Holdings Return On Assets yearly trend continues to be quite stable with very little volatility. Return On Assets may rise above -7.82 this year. Return On Assets is a profitability ratio that indicates the percentage of profit IMAC 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
(8.23)
Current Value
(7.82)
Quarterly Volatility
2.73567478
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check IMAC Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IMAC Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 383.4 K, Interest Expense of 94.1 K or Selling General Administrative of 6 K, as well as many indicators such as Price To Sales Ratio of 0.65, Dividend Yield of 0.0 or Days Sales Outstanding of 56.09. IMAC financial statements analysis is a perfect complement when working with IMAC Holdings Valuation or Volatility modules.
  
Check out the analysis of IMAC Holdings Correlation against competitors.
For more information on how to buy IMAC Stock please use our How to buy in IMAC Stock guide.

Latest IMAC Holdings' Return On Assets Growth Pattern

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

IMAC Return On Assets Regression Statistics

Arithmetic Mean(1.43)
Coefficient Of Variation(190.85)
Mean Deviation1.89
Median(0.24)
Standard Deviation2.74
Sample Variance7.48
Range8.1875
R-Value(0.66)
Mean Square Error4.55
R-Squared0.44
Significance0.01
Slope(0.40)
Total Sum of Squares104.77

IMAC Return On Assets History

2024 -7.82
2023 -8.23
2022 -2.41
2021 -0.41
2019 -0.36
2018 -0.28
2017 -0.0447

About IMAC Holdings Financial Statements

IMAC Holdings investors utilize fundamental indicators, such as Return On Assets, to predict how IMAC Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Assets(8.23)(7.82)

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When determining whether IMAC Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IMAC Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Imac Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Imac Holdings Stock:
Check out the analysis of IMAC Holdings Correlation against competitors.
For more information on how to buy IMAC Stock please use our How to buy in IMAC Stock guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IMAC Holdings. If investors know IMAC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IMAC Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.81)
Revenue Per Share
7.719
Quarterly Revenue Growth
(0.59)
Return On Assets
(0.38)
Return On Equity
(3.32)
The market value of IMAC Holdings is measured differently than its book value, which is the value of IMAC that is recorded on the company's balance sheet. Investors also form their own opinion of IMAC Holdings' value that differs from its market value or its book value, called intrinsic value, which is IMAC Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IMAC Holdings' market value can be influenced by many factors that don't directly affect IMAC Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IMAC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if IMAC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IMAC Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.