Tectonic Therapeutic, Stock Return On Asset
| TECX Stock | 50.56 3.00 6.31% |
Tectonic Therapeutic, fundamentals help investors to digest information that contributes to Tectonic Therapeutic,'s financial success or failures. It also enables traders to predict the movement of Tectonic Stock. The fundamental analysis module provides a way to measure Tectonic Therapeutic,'s intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tectonic Therapeutic, stock.
Return On Assets is likely to drop to -0.44 in 2024. Tectonic | Return On Asset |
Tectonic Therapeutic, Company Return On Asset Analysis
Tectonic Therapeutic,'s Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Tectonic Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Tectonic Therapeutic, is extremely important. It helps to project a fair market value of Tectonic Stock properly, considering its historical fundamentals such as Return On Asset. Since Tectonic Therapeutic,'s main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tectonic Therapeutic,'s historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tectonic Therapeutic,'s interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Tectonic Total Assets
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Based on the latest financial disclosure, Tectonic Therapeutic, has a Return On Asset of 0.0. This is 100.0% lower than that of the Biotechnology sector and 100.0% lower than that of the Health Care industry. The return on asset for all United States stocks is 100.0% lower than that of the firm.
Tectonic Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tectonic Therapeutic,'s direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tectonic Therapeutic, could also be used in its relative valuation, which is a method of valuing Tectonic Therapeutic, by comparing valuation metrics of similar companies.Tectonic Therapeutic, is currently under evaluation in return on asset category among its peers.
Tectonic Therapeutic, Current Valuation Drivers
We derive many important indicators used in calculating different scores of Tectonic Therapeutic, from analyzing Tectonic Therapeutic,'s financial statements. These drivers represent accounts that assess Tectonic Therapeutic,'s ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tectonic Therapeutic,'s important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 552.2M | 504.7M | 165.0M | 31.1M | 60.3M | 57.3M | |
| Enterprise Value | 365.2M | 245.0M | (9.6M) | (45.3M) | 35.9M | 34.1M |
Tectonic Fundamentals
| Current Valuation | 83.39 M | ||||
| Shares Outstanding | 14.73 M | ||||
| Shares Owned By Insiders | 39.39 % | ||||
| Shares Owned By Institutions | 43.43 % | ||||
| Number Of Shares Shorted | 476.84 K | ||||
| Price To Book | 1.59 X | ||||
| EBITDA | (43.17 M) | ||||
| Net Income | (42.82 M) | ||||
| Total Debt | 4.34 M | ||||
| Book Value Per Share | 11.29 X | ||||
| Cash Flow From Operations | (40.68 M) | ||||
| Short Ratio | 1.44 X | ||||
| Earnings Per Share | (3.07) X | ||||
| Target Price | 60.0 | ||||
| Number Of Employees | 44 | ||||
| Market Capitalization | 265.07 M | ||||
| Total Asset | 101.09 M | ||||
| Retained Earnings | (477.27 M) | ||||
| Working Capital | 29.2 M | ||||
| Net Asset | 101.09 M |
About Tectonic Therapeutic, Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tectonic Therapeutic,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tectonic Therapeutic, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tectonic Therapeutic, based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.