Tenax Return On Equity from 2010 to 2024
| TENX Stock | USD 5.72 0.36 6.72% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.95) | Current Value (0.90) | Quarterly Volatility 12.49152232 |
Check Tenax Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tenax Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.2 K, Other Operating Expenses of 8.4 M or Research Development of 3.6 M, as well as many indicators such as Price To Sales Ratio of 141.3 K, Dividend Yield of 3.31 or PTB Ratio of 0.71. Tenax financial statements analysis is a perfect complement when working with Tenax Therapeutics Valuation or Volatility modules.
Tenax | Return On Equity |
Latest Tenax Therapeutics' Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Tenax Therapeutics over the last few years. Return on Equity is the amount of Tenax Therapeutics net income returned as a percentage of Tenax Therapeutics equity. Return on equity measures Tenax Therapeutics profitability by revealing how much profit Tenax Therapeutics generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Tenax Therapeutics' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tenax Therapeutics' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported -1.14 | 10 Years Trend |
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Return On Equity |
| Timeline |
Tenax Return On Equity Regression Statistics
| Arithmetic Mean | 1.90 | |
| Geometric Mean | 1.74 | |
| Coefficient Of Variation | 658.08 | |
| Mean Deviation | 6.52 | |
| Median | (0.90) | |
| Standard Deviation | 12.49 | |
| Sample Variance | 156.04 | |
| Range | 53.1164 | |
| R-Value | (0.53) | |
| Mean Square Error | 121.18 | |
| R-Squared | 0.28 | |
| Significance | 0.04 | |
| Slope | (1.47) | |
| Total Sum of Squares | 2,185 |
Tenax Return On Equity History
About Tenax Therapeutics Financial Statements
Tenax Therapeutics investors use historical fundamental indicators, such as Tenax Therapeutics' Return On Equity, 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 Tenax Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.95) | (0.90) |
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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.