Argenx Return On Tangible Assets from 2010 to 2024

ARGX Stock  USD 623.82  2.21  0.35%   
Argenx NV Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to -0.07 in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
(0.07)
Current Value
(0.07)
Quarterly Volatility
0.12977836
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Argenx NV financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Argenx NV's main balance sheet or income statement drivers, such as Depreciation And Amortization of 117.1 M, Interest Expense of 858.8 K or Selling General Administrative of 532.8 M, as well as many indicators such as Price To Sales Ratio of 16.85, Dividend Yield of 0.0 or PTB Ratio of 7.68. Argenx financial statements analysis is a perfect complement when working with Argenx NV Valuation or Volatility modules.
  
Check out the analysis of Argenx NV Correlation against competitors.

Latest Argenx NV's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of argenx NV ADR over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Argenx NV's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Argenx NV's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Argenx Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.20)
Coefficient Of Variation(66.18)
Mean Deviation0.09
Median(0.15)
Standard Deviation0.13
Sample Variance0.02
Range0.4926
R-Value0.37
Mean Square Error0.02
R-Squared0.14
Significance0.17
Slope0.01
Total Sum of Squares0.24

Argenx Return On Tangible Assets History

2024 -0.0701
2023 -0.0668
2022 -0.24
2021 -0.15
2020 -0.31
2018 -0.12
2017 -0.0757

About Argenx NV Financial Statements

Argenx NV investors use historical fundamental indicators, such as Argenx NV's Return On Tangible Assets, 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 Argenx NV. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.07)(0.07)

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Additional Tools for Argenx Stock Analysis

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