Shuttle Return On Assets from 2010 to 2025
| SHPH Stock | USD 0.93 0.08 9.41% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter (1.00) | Current Value (1.05) | Quarterly Volatility 0.43286829 |
Check Shuttle Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shuttle Pharmaceuticals' main balance sheet or income statement drivers, such as Interest Expense of 3.1 M, Tax Provision of 0.0 or Depreciation And Amortization of 5.8 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.002 or PTB Ratio of 15.6. Shuttle financial statements analysis is a perfect complement when working with Shuttle Pharmaceuticals Valuation or Volatility modules.
Shuttle | Return On Assets |
Latest Shuttle Pharmaceuticals' Return On Assets Growth Pattern
Below is the plot of the Return On Assets of Shuttle Pharmaceuticals 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. Shuttle Pharmaceuticals' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shuttle Pharmaceuticals' overall financial position and show how it may be relating to other accounts over time.
| Return On Assets | 10 Years Trend |
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Return On Assets |
| Timeline |
Shuttle Return On Assets Regression Statistics
| Arithmetic Mean | (1.47) | |
| Geometric Mean | 1.38 | |
| Coefficient Of Variation | (29.39) | |
| Mean Deviation | 0.36 | |
| Median | (1.76) | |
| Standard Deviation | 0.43 | |
| Sample Variance | 0.19 | |
| Range | 1.4878 | |
| R-Value | 0.68 | |
| Mean Square Error | 0.11 | |
| R-Squared | 0.47 | |
| Significance | 0 | |
| Slope | 0.06 | |
| Total Sum of Squares | 2.81 |
Shuttle Return On Assets History
About Shuttle Pharmaceuticals Financial Statements
Investors use fundamental indicators, such as Shuttle Pharmaceuticals' Return On Assets, to determine how well the company is positioned to perform in the future. Although Shuttle Pharmaceuticals' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
| Last Reported | Projected for Next Year | ||
| Return On Assets | (1.00) | (1.05) |
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Check out the analysis of Shuttle Pharmaceuticals Correlation against competitors. For more detail on how to invest in Shuttle Stock please use our How to Invest in Shuttle Pharmaceuticals guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Biotechnology 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 Shuttle Pharmaceuticals. If investors know Shuttle 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 Shuttle Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Shuttle Pharmaceuticals is measured differently than its book value, which is the value of Shuttle that is recorded on the company's balance sheet. Investors also form their own opinion of Shuttle Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Shuttle Pharmaceuticals' 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 Shuttle Pharmaceuticals' market value can be influenced by many factors that don't directly affect Shuttle Pharmaceuticals' 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 Shuttle Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Shuttle Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shuttle Pharmaceuticals' 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.