XORTX Gross Profit from 2010 to 2024

XRTX Stock  USD 1.21  0.02  1.68%   
XORTX Therapeutics Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit XORTX Therapeutics makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
-142 K
Current Value
-134.9 K
Quarterly Volatility
42.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check XORTX Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among XORTX Therapeutics' main balance sheet or income statement drivers, such as Selling General Administrative of 996.5 K, Other Operating Expenses of 2.6 M or Total Operating Expenses of 2.6 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.89. XORTX financial statements analysis is a perfect complement when working with XORTX Therapeutics Valuation or Volatility modules.
  
Check out the analysis of XORTX Therapeutics Correlation against competitors.
For more information on how to buy XORTX Stock please use our How to Invest in XORTX Therapeutics guide.

Latest XORTX Therapeutics' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of XORTX Therapeutics over the last few years. Gross profit is a required income statement account that reflects total revenue of XORTX Therapeutics minus its cost of goods sold. It is profit before XORTX Therapeutics operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. XORTX Therapeutics' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in XORTX Therapeutics' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 010 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

XORTX Gross Profit Regression Statistics

Arithmetic Mean(39,653)
Coefficient Of Variation(107.28)
Mean Deviation31,084
Median(20,439)
Standard Deviation42,539
Sample Variance1.8B
Range124.1K
R-Value(0.67)
Mean Square Error1.1B
R-Squared0.45
Significance0.01
Slope(6,407)
Total Sum of Squares25.3B

XORTX Gross Profit History

2024-134.9 K
2023-142 K
2022-75.3 K
2021-17.9 K

Other Fundumenentals of XORTX Therapeutics

XORTX Therapeutics Gross Profit component correlations

0.98-0.99-0.50.530.760.891.0-0.43-0.740.910.56-0.150.97-0.621.00.840.730.92-0.150.16
0.98-0.98-0.490.390.710.80.98-0.45-0.750.920.56-0.170.99-0.580.990.830.730.93-0.170.22
-0.99-0.980.44-0.51-0.73-0.88-0.990.380.7-0.89-0.480.12-0.970.54-0.99-0.79-0.67-0.890.12-0.12
-0.5-0.490.44-0.36-0.77-0.37-0.470.760.87-0.76-0.870.8-0.480.78-0.52-0.85-0.86-0.740.8-0.83
0.530.39-0.51-0.360.670.830.52-0.23-0.30.330.440.110.34-0.560.490.530.350.370.11-0.11
0.760.71-0.73-0.770.670.740.74-0.65-0.780.780.77-0.350.65-0.720.750.90.750.81-0.350.48
0.890.8-0.88-0.370.830.740.89-0.27-0.540.680.460.080.78-0.570.860.710.560.710.08-0.08
1.00.98-0.99-0.470.520.740.89-0.42-0.710.890.54-0.130.97-0.611.00.820.710.9-0.130.13
-0.43-0.450.380.76-0.23-0.65-0.27-0.420.58-0.61-0.840.56-0.430.83-0.46-0.73-0.67-0.580.56-0.56
-0.74-0.750.70.87-0.3-0.78-0.54-0.710.58-0.91-0.710.65-0.730.62-0.75-0.89-0.95-0.920.65-0.71
0.910.92-0.89-0.760.330.780.680.89-0.61-0.910.7-0.530.92-0.680.930.910.870.98-0.530.53
0.560.56-0.48-0.870.440.770.460.54-0.84-0.710.7-0.480.54-0.940.570.90.780.72-0.480.65
-0.15-0.170.120.80.11-0.350.08-0.130.560.65-0.53-0.48-0.210.41-0.2-0.44-0.61-0.441.0-0.8
0.970.99-0.97-0.480.340.650.780.97-0.43-0.730.920.54-0.21-0.580.980.810.710.92-0.210.21
-0.62-0.580.540.78-0.56-0.72-0.57-0.610.830.62-0.68-0.940.41-0.58-0.63-0.86-0.76-0.670.41-0.42
1.00.99-0.99-0.520.490.750.861.0-0.46-0.750.930.57-0.20.98-0.630.850.750.93-0.20.19
0.840.83-0.79-0.850.530.90.710.82-0.73-0.890.910.9-0.440.81-0.860.850.90.94-0.440.58
0.730.73-0.67-0.860.350.750.560.71-0.67-0.950.870.78-0.610.71-0.760.750.90.88-0.610.6
0.920.93-0.89-0.740.370.810.710.9-0.58-0.920.980.72-0.440.92-0.670.930.940.88-0.440.54
-0.15-0.170.120.80.11-0.350.08-0.130.560.65-0.53-0.481.0-0.210.41-0.2-0.44-0.61-0.44-0.8
0.160.22-0.12-0.83-0.110.48-0.080.13-0.56-0.710.530.65-0.80.21-0.420.190.580.60.54-0.8
Click cells to compare fundamentals

About XORTX Therapeutics Financial Statements

XORTX Therapeutics investors use historical fundamental indicators, such as XORTX Therapeutics' Gross Profit, 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 XORTX Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit-142 K-134.9 K

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Additional Tools for XORTX Stock Analysis

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