Tectonic Return On Assets from 2010 to 2024

TECX Stock   47.56  0.12  0.25%   
Tectonic Therapeutic, Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets will likely drop to -0.44 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Tectonic Therapeutic, 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
(0.42)
Current Value
(0.44)
Quarterly Volatility
0.55769239
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tectonic Therapeutic, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tectonic Therapeutic,'s main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.3 M, Other Operating Expenses of 77.8 M or Research Development of 54.5 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.6. Tectonic financial statements analysis is a perfect complement when working with Tectonic Therapeutic, Valuation or Volatility modules.
  
Check out the analysis of Tectonic Therapeutic, Correlation against competitors.
For more information on how to buy Tectonic Stock please use our How to Invest in Tectonic Therapeutic, guide.

Latest Tectonic Therapeutic,'s Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Tectonic Therapeutic, 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. Tectonic Therapeutic,'s Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tectonic Therapeutic,'s overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Pretty Stable
   Return On Assets   
       Timeline  

Tectonic Return On Assets Regression Statistics

Arithmetic Mean(0.82)
Coefficient Of Variation(67.90)
Mean Deviation0.31
Median(0.86)
Standard Deviation0.56
Sample Variance0.31
Range2.3083
R-Value0.25
Mean Square Error0.31
R-Squared0.06
Significance0.37
Slope0.03
Total Sum of Squares4.35

Tectonic Return On Assets History

2023 -0.42
2022 -1.02
2021 -0.58
2020 -0.44
2019 -0.36
2018 -0.35
2017 -2.66

About Tectonic Therapeutic, Financial Statements

Tectonic Therapeutic, investors use historical fundamental indicators, such as Tectonic Therapeutic,'s 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 Tectonic Therapeutic,. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets(0.42)(0.44)

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Additional Tools for Tectonic Stock Analysis

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