Xos Return On Assets from 2010 to 2024

XOS Stock  USD 3.12  0.08  2.63%   
Xos Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets will likely drop to -0.85 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Xos Inc 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
(0.81)
Current Value
(0.85)
Quarterly Volatility
0.66992967
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Xos financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Xos' main balance sheet or income statement drivers, such as Interest Expense of 4 M, Depreciation And Amortization of 5.1 M or Selling General Administrative of 25 M, as well as many indicators such as Price To Sales Ratio of 0.99, Dividend Yield of 0.0 or PTB Ratio of 1.07. Xos financial statements analysis is a perfect complement when working with Xos Valuation or Volatility modules.
  
Check out the analysis of Xos Correlation against competitors.

Latest Xos' Return On Assets Growth Pattern

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

Xos Return On Assets Regression Statistics

Arithmetic Mean(1.48)
Geometric Mean1.23
Coefficient Of Variation(45.30)
Mean Deviation0.55
Median(1.90)
Standard Deviation0.67
Sample Variance0.45
Range2.0059
R-Value0.75
Mean Square Error0.21
R-Squared0.57
Significance0
Slope0.11
Total Sum of Squares6.28

Xos Return On Assets History

2024 -0.85
2023 -0.81
2022 -0.39
2021 0.1
2020 -1.32
2019 -1.79

About Xos Financial Statements

Xos shareholders use historical fundamental indicators, such as Return On Assets, to determine how well the company is positioned to perform in the future. Although Xos investors may analyze each financial statement separately, they are all interrelated. The changes in Xos' assets and liabilities, for example, are also reflected in the revenues and expenses on on Xos' 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(0.81)(0.85)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Xos Stock Analysis

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