XAI Return On Assets from 2010 to 2024

XFLT Stock  USD 6.71  0.03  0.45%   
XAI Octagon Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit XAI Octagon Floating 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
0.06104389
Current Value
0.0641
Quarterly Volatility
0.05394115
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check XAI Octagon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among XAI Octagon's main balance sheet or income statement drivers, such as Net Interest Income of 59.2 M, Interest Income of 68.5 M or Interest Expense of 12.8 M, as well as many indicators such as Price To Sales Ratio of 6.05, Ptb Ratio of 1.05 or Days Sales Outstanding of 140. XAI financial statements analysis is a perfect complement when working with XAI Octagon Valuation or Volatility modules.
  
Check out the analysis of XAI Octagon Correlation against competitors.

Latest XAI Octagon's Return On Assets Growth Pattern

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

XAI Return On Assets Regression Statistics

Arithmetic Mean0.02
Coefficient Of Variation238.99
Mean Deviation0.04
Median0.03
Standard Deviation0.05
Sample Variance0
Range0.1809
R-Value0.02
Mean Square Error0
R-Squared0.0004
Significance0.94
Slope0.0002
Total Sum of Squares0.04

XAI Return On Assets History

2024 0.0641
2023 0.061
2022 0.0859
2021 -0.0906
2020 0.0904
2019 -0.0885
2018 -0.0339

About XAI Octagon Financial Statements

XAI Octagon shareholders use historical fundamental indicators, such as Return On Assets, to determine how well the company is positioned to perform in the future. Although XAI Octagon investors may analyze each financial statement separately, they are all interrelated. The changes in XAI Octagon's assets and liabilities, for example, are also reflected in the revenues and expenses on on XAI Octagon's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Assets 0.06  0.06 

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Additional Tools for XAI Stock Analysis

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